OM Bank - Senior Legal Advisor Consumer & Product (Banking)

At OM Bank, we strive to attract great people who are passionate about coming together for a higher purpose- building something unique and aspirational, always aiming to be the best they can be. We are rooted in our purpose of inspiring and enabling our customers to grow and sustain their prosperity.

• Consumer‑Facing Terms & Customer Documentation
  • Draft, review and maintain:
  • Product‑specific Terms and Conditions
  • General banking terms and notices
  • Related customer disclosures
• Ensure documents are:
• Legally compliant
• Written in clear, plain language
• Defensible from a conduct and regulatory perspective
• Own ongoing updates arising from legislative and regulatory change.

• Product Development & Legal Risk Advisory
  • Act as a legal partner to product teams from ideation through launch.
  • Identify and articulate legal, regulatory and conduct risks in product design.
  • Provide practical risk‑mitigation strategies that enable delivery.
  • Support governance processes for product approvals.
• Marketing, Promotions & Competitions
  • Review and advise on marketing material, customer communications and campaigns.
  • Advise on the structuring and execution of competitions, promotions and incentives.
  • Draft and approve competition rules and promotional terms.
  • Partner with Marketing, Compliance and Risk to ensure compliant innovation.
• Litigation Support, Subpoenas & Legal Notices
  • Review and assess subpoenas, court documents and legal notices.
  • Determine response obligations and engagement strategy.
  • Coordinate with external counsel where required.
  • Ensure appropriate internal escalation and record‑keeping.
• Regulatory Change & Jurisprudence Monitoring
  • Monitor material changes in consumer and banking legislation.
  • Translate developments into clear, actionable guidance for the business.
  • Support proactive risk management and regulatory readiness.
• Broader Legal Support (Lean Team Model)
  • Support broader commercial and operational legal matters as required.
  • Contribute flexibly to team delivery during peak periods.

• Admitted Attorney of the High Court of South Africa.
• Strong experience (typically 5–10+ years) within banking, financial services or consumer finance.
• Demonstrated experience in:
• Drafting customer‑facing terms and disclosures
• Advising on consumer protection and credit regulation
• Working closely with product and marketing teams
• Sound working knowledge of NCA, CPA, TCF and related conduct requirements.
• In‐house experience in a regulated environment strongly preferred.