Competency Details ( Legal Knowledge ) | Financial Academy

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Jadarat Dictionary

Legal Knowledge

Efficiency Technical Competency

The knowledge of the laws for required practice areas. Understanding the various legal contracting requirements, legal actions, the processes and procedures and the roles of different legal institutions.

Jadarat Code: T38

Level 1

Demonstrates basic understanding of the laws, controls and requirements that govern the business transactions. Shows basic awareness of the various contracts requirements and set standards, and learns how to compile and file legal and contractual documents according to defined rules related to own business unit.

Level 2

Possesses specialised knowledge and understanding of the relevant laws, controls and requirements related to the business transactions. Applies own skills and understanding in the preparation and submission of legal forms, documents and contracts that meet the basic legal requirements and formats.

Level 3

Assists the teams in understanding and applying the current laws, controls and requirements, as related to their areas of responsibilities. Provides guidance to others on the preparation of legal forms and documents and reviews them to ensure full compliance and consistency.

Level 4

Uses full legal knowledge to guide others across the departments/teams on the current laws, controls and requirements and how they should be applied in legal matters. Provides professional expertise and guidance on the new procedures and regulations that apply to the legal forms and documents.

Level 5

Applies subject matter expertise to coach and guide senior management on the current and future laws, controls and requirements that might impact the business. Provides guidance and advice on the legal practice and procedures to create full awareness and ensure compliance.