Spartan Background
Explore Spartan’s culture and the impact you’d make in funding SMEs to grow - view our Careers page.
The Fit – You & Spartan
Spartan SME Finance focuses exclusively on established SMEs - we are changing South Africa one SME at a time and need people who believe that inclusive growth can happen through helping SMEs grow. If you are looking to help us grow SMEs and build our SA - then you are the right person.
Spartan opened in 1981 and provides financing that backs entrepreneurs. This is done by adopting a structured finance approach that incorporates an intimate understanding of both the jockey [entrepreneur] and their business [SME].
We value a person with truthful candid talk, creativity, curiosity, conscientiousness and an obsession towards holistic learning & growth.
We’re more effective as a team that works closely together and engages with its customers and stakeholders, face-to-face - consequently we are entirely office based [i.e. no work-from-home mode].
Purpose of the Role
Legal Associate with litigation experience, for our internal legal department.
To join the existing internal legal department in fulfilling the legal function in transaction execution, post-transaction monitoring and recoveries.
Job Description
Legal Associate with litigation experience, for our internal legal department.
Spartan requires a Legal Associate to fulfil the legal function in transaction execution, post-transaction monitoring and project management for recoveries.
This is NOT a regulatory compliance role.
- Project managing commercial recovery matters, internally and in conjunction with external legal advisors (from initiating action legal action to full receipt of funds)
- Reviewing including drafting affidavits and other court papers
- Assisting with the vetting of the terms and conditions of new finance transactions from a legal perspective prior to the Credit Committee approving a deal
- Draft Term Sheets, ensuring they encapsulate the terms of the credit approval and perform general administration in respect of the facility agreement preparations and finalisation
- Drafting legal agreements and related documents from standard templates (e.g. Loan Agreements, Pledge and Cession Agreements, Guarantees, etc.)
- Instructing attorneys to attend to the registration of securities (e.g. mortgage bonds, special notarial bonds, etc.)
- Liaising with colleagues regarding conditions, implementation and execution of deals
- Ensuring compliance with all other conditions of a deal prior to disbursing funds on a deal
- General monitoring of loan portfolio for loan covenants, monitoring and payment defaults
- Provide legal advice and services to the organisation in corporate and commercial matters
· Attend to queries from credit analyst team, operations and clients, providing legal expertise to the Credit Committee
- To ensure that all client documents are up to date and signed off correctly and all required information is loaded onto the system
- This is NOT a regulatory compliance role.
Required Qualifications
- Admitted Attorney
- Law Degree
- 3-5 years post articles work experience
Desired Skills
- Robust
- Self-Starter
- Tenacious
- Problem solver, with street wise sense
- EQ - (Self-awareness, Self-management, reading the room and managing the room)
- Discernment
- Obsessive about controlling documentation - understands the impact of incorrect paperwork
- Attention to detail
- Organized & professional work ethic
- Ability to take initiative and learn quickly
- Excellent communication skills (verbal and written)
- Comfortable in engaging with customers at all levels
- Comfortable dealing with conflict and litigation related to recoveries
- Techno Savvy
Remuneration
- Commensurate with market and years’ experience
Application Requirements
Industry
Employment Type
- Full Time, Onsite (No Remote)
Job Type: Full-time
Application Question(s):
- Are you an admitted attorney?
- Have you drafted commercial legal agreements for any legal juristic?
Education:
Experience:
- of post articles: 5 years (Preferred)
Work Location: In person
