Competency Details ( Legal Knowledge )

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Financial Skills Framework

Skills Dictionary

Legal Knowledge

Technical Skills

Understand and apply relevant laws and regulations, including legal contracting requirements, processes, and procedures, drafting and reviewing legal documents by identifying, applying, and presenting relevant facts and laws in an organized, logical, and compliant manner to support business transactions and ensure alignment with legal standards.

Skill Code: T016

Level 1

Demonstrates a basic understanding of relevant laws, controls, and requirements that govern business transactions. Learns the principles of legal drafting, including document formatting, organization, and the use of standard templates. Compiles and files legal and contractual documents according to defined rules for the business unit, while ensuring grammatical correctness and factual accuracy.

Level 2

Possesses specialized knowledge of relevant laws, controls, and requirements related to business. Prepares and submits legal forms, contracts, and documents under supervision, adhering to standard formats and ensuring compliance with basic legal requirements. Conducts review of legal texts to ensure factual accuracy, the inclusion of relevant clauses, and alignment with standards. Applies structured legal drafting techniques to support the creation of legal documents.

Level 3

Assists teams in understanding and applying current laws, controls, and requirements related to their areas of responsibility. Independently drafts and finalizes legal documents, incorporating complex legal concepts and client-specific needs. Reviews legal texts for accuracy, coherence, and compliance with applicable laws, ensuring alignment with professional and organizational standards. Provides guidance to others on the preparation of legal documents and conducts thorough reviews to ensure compliance and consistency.

Level 4

Uses comprehensive legal knowledge to guide departments and teams on current laws, controls, and requirements, ensuring their correct application in legal matters. Leads the drafting process for multiple complex projects, aligning with organizational goals and regulatory requirements. Mentors team members on legal principles, drafting techniques, and document consistency. Resolves legal inconsistencies in documents and ensures professional excellence in all legal outputs.

Level 5

Applies expertise to support management on laws, controls, and requirements that may impact the business. Sets the strategy for legal drafting and compliance, setting benchmarks for quality, consistency, and regulatory alignment. Shapes industry standards by innovating practices and developing frameworks for legal documentation. Provides thought leadership on legal practices and procedures, ensuring awareness and compliance across the organization.