Job Description

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Welcome to the
Land and Agricultural
Development Bank of South Africa

Careers

Conveyancer Admitted - Port Elizabeth (FTC - 12 months)

Details

Closing Date 2024/01/29
Reference Number LAN240123-1
Job Title Conveyancer Admitted - Port Elizabeth (FTC - 12 months)
Division Legal Services
Unit Legal Corporate & Commercial
Job Type Classification Contract
Location - Country South Africa
Location - Province Eastern Cape
Location - Town / City Port Elizabeth
Job Advert Summary

The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africaxe2x80x99s only specialist agricultural bank established in 1912, the bankxe2x80x99s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.

MAIN PURPOSE OF THE JOB

To support the Provincial teams as part of the deal origination process and ultimately contribute to growing the book and ensuring compliance to all legal requirements and relevant policies and procedures. To perform the required conveyancing and notary activities on behalf of the relevant Provincial Offices by securing loans and legally transferring ownership while ensuring that all relevant legislation pertaining to individuals, entities and respective legal capacity is understood and adhered to. Supporting the process of entering into loan transactions or purchase and sale transactions by assisting with the drafting of all loan contracts in collaboration with the relevant internal and external stakeholders. Support the business with required transactions and related legal activities to ensure that risks relating to securities and client accounts are maintained from a legal perspective and the interests of the Bank are protected. Provide management with any required status reports and make recommendations.
Key Performance Areas

1. Drafting, Vetting and Concluding Legally Enforceable Loan Contracts

• Responsible to compile/ draft required loan agreement/contract with supporting documents, including but not limited to, any conveyancing and notary documents.

• Drafting of required legal agreements including but not limited to security documents and any conveyancing and/or notary documents for signature as below.

• Ensure that the signatures from clients and other parties are obtained.

• Responsible to issue guarantees as required to finance the transaction

2. Responsible for the Registration of Securities and Associated Processes on behalf of the Land Bank

Manages the registration process:

• Conduct deeds office searches and any other required searches in preparation for the registration of securities.

• Attend to the registration of conveyancing and notary transactions

• Collaborate with attorneys for registration of conveyancing and notary transactions in the deeds office.

• Ensured adherence to all legislative requirements e.g. FICA, NCA, CPA etc.

• Responsible to inform all the relevant parties as it pertains to the conveyancing transaction once the conveyancing documents are ready for lodgement

• Ensure that no servitudes are being registered or other limiting conditions apply before registration or disbursement.

3. Progress Reporting

• Manage, oversee and prepare various progress reports including record of Deeds Office registrations, closings, follow-up and adherence to desired outcomes

• Analyse and determine the nature and extent of requests received for the compilation of a report

• Collate, analyse and verify the required data from all relevant sources.

• Generate the progress report in accordance with relevant policies and procedures.

• Recommend in accordance with the information at hand.

• Submit reports for approval as required according to the DOPs.

4. Maintain Existing Client Accounts and Stakeholder Relationships

• Proactive building of internal relationships with all business units

• Understanding operational business needs

• Providing business solutions in area of expertise

• Understanding internal clientxe2x80x99s areas of operation

• Proactively building relationships with attorneys/advocates/bank clients, etc.

5. Monitoring compliance with Land Bank Act and other applicable legislation relating to conveyancing

• Monitor compliance with Land Bank Act and other legislations that may affect the Bank and recommend solutions

• Proactive awareness of new legislation and that may impact the Bankxe2x80x99s business and provide advise

6. People Management

Performance Management

• Conduct performance planning session and Track and monitor performance in accordance with performance contracts

• Conduct performance reviews in accordance with policies and procedures and take corrective actions where necessary

• Provide coaching and feedback to employees on how to improve and sustain their performance

• Conduct disciplinary actions as per Land Bankxe2x80x99s policy and procedure where necessary

7. Understanding and Interpretation of Legislation

Legal Interpretation of, amongst others, the following:

• National Credit Act;

• Companies Act;

• Close Corporations Act;

• Deeds Registries Act;

• Intestate Succession Act;

• Administration of Estates Act;

• Matrimonial Property Act;

• Security By Means of Movable Property Act; and

• Wills Act.

8. Providing Legal Advice

Understanding Risk Mitigants:

• Relevant provisions of MOI in respect of loan and equity funding;

• Due diligence requirements when financing share or memberxe2x80x99s interest acquisitions;

• Legal implications on security offered by the client to Land Bank or security proposed by Land Bankxe2x80x99s Business Units;

• Legal implications when financing acquisition of businesses as going concerns;

• Analysis of funding structures and advising Business Units on legal implications;

• Common law principles regarding trusts, law of property and contract law.

Preferred Minimum Education and Experience

• LLB Degree;

• Admitted as Conveyancer; and

• Admitted as an attorney.

• 4 - 5 years (including pre-admission experience) of Conveyancing experience.

Critical Competencies

• Conveyancing Process

• Deeds office process

• Report writing

• Contract compilation and interpretation

Additional Requirements

• Extended hours as and when required.

• Valid driver's license.

• Travel as and when required

Policy

Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Land Bank.

Registered Credit Provider: NCRCP18 | VAT number: 4560121081

xc2xa9 LAND BANK. All rights reserved.

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