Legal Counsel – Financial Services (gibraltar / Uk / Cape Town)

Cape Town, Western Cape, South Africa

Job Description

Permanent | Full-Time | Hybrid Options Depending on Location
A leading international financial services organisation is seeking an experienced Legal Counsel to join its Legal Department. The organisation operates across multiple jurisdictions and provides corporate, private client, retirement planning, insurance and investment-related services. This role offers exposure to complex cross-border legal work within a highly regulated environment.
Role Purpose
The Legal Counsel will provide legal and regulatory support across various business units and jurisdictions, primarily focusing on reviewing and drafting commercial agreements, managing legal risk, and supporting governance processes. The role also includes line management responsibilities for legal support staff involved in delivering services to the pensions, investment advisory and insurance divisions.
Key Responsibilities Legal & Regulatory Advisory
Monitor, review and advise on legal and regulatory issues relating to trust schemes across relevant jurisdictions.
Ensure trust structures comply with local and international regulations.
Respond to legal and regulatory queries from internal teams and stakeholders.
Commercial Agreements
Draft, review and negotiate commercial contracts including:
investment management agreements
outsourcing and service provider agreements
distribution agreements
NDAs
Maintain contract templates, resolutions, minutes and legal documentation.
Regulatory Compliance & Governance
Monitor and advise on legislation affecting investment advisory operations (e.g., MiFID II, AIFMD).
Support governance processes, including board and committee meetings, minute preparation and filings.
Ensure adherence to corporate governance frameworks and internal policies.
Liaise with regulators and manage regulatory submissions.
Risk Management & Disputes
Identify and mitigate legal risks across business units.
Manage disputes and litigation, including coordination with external counsel.
Oversee significant complaints and legal claims.
Assist with consumer duty obligations.
Insurance-Related Legal Support
Draft and review agreements for insurance products and services.
Provide legal guidance on insurance-related regulatory requirements.
Data Protection & Policy Development
Ensure strong data protection and privacy procedures.
Oversee Data Subject Access Requests and reporting obligations.
Assist in developing precedents, internal training and knowledge-sharing materials.
Strategic Projects
Support on strategic initiatives, including acquisitions, restructures and other corporate transactions.
Review and summarise relevant legal articles and industry developments for internal distribution.
Ideal Candidate
Qualified Lawyer in Gibraltar or the UK (South African qualification plus UK/Gibraltar experience may be considered).
Previous in-house experience within financial services is strongly preferred.
Strong understanding of trust structures, pensions, investment roles and regulatory frameworks.
Excellent drafting skills and meticulous attention to detail.
Ability to work under pressure and meet tight deadlines.
Strong communication skills and ability to support cross-border teams.
Knowledge of UK or Gibraltar employment law is advantageous.
Key Interfaces
Senior management
Legal team members
Operational, compliance, HR and finance teams
External advisers and regulatory authorities
Equal Opportunities
The organisation is committed to fostering an inclusive and diverse working environment. All applicants will be considered fairly and without discrimination based on protected characteristics. Equal opportunities apply throughout all aspects of employment, including recruitment, training, remuneration and progression.

Skills Required

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Job Detail

  • Job Id
    JD1615557
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Cape Town, Western Cape, South Africa
  • Education
    Not mentioned