Job Description

To manage non-performing loans within a specific region to maximise recoveries and minimise cost, while providing credit with accurate MISEnsure the reduction of loss to the Bank and increase of revenue through collections and recoveryControl Manage costs / expenses within approved budget to achieve cost efficiencies by monitoring legal fees payable to attorneys and liquidatorsEstablish, align and manage  target and budget goals whilst ensuring effective control of costs for a range of functional areas to increase cost efficiencyDeliver a sound Debt Recovery Management culture through awareness of campaigns to influence behaviour and drive the importance of compliance.Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project managers and senior staff members by providing market insights and analysis and support business development activities on credit recovery to ensure and develop local partnershipsMaintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholdersAchieve monthly Team targets with specific focus on non-performing loans and recovering of provisions.Control the administrative activities relative to the function of deceased and insolvent estates by ensuring  liaison with third parties i.e. Attorneys, Trustees, Executors, Liquidators by the CollectorsComply with governance in terms of legislative and audit requirementsControl the risk grading of customer base, by input of data into Regulatory Credit Recovery reports and models, to ensure minimisation of risk to bank for future businessEnsure legal action for non-performance by either Executor, surviving spouse or solvent half share owner of properties were done by CollectorsCounsel surviving spouses to expedite closure of home loan accounts by analysing surviving spouse or executor financial worthiness to manage risk for the bank.Control the legal action for non-performance by ensuring either Executor, surviving spouse or solvent half share owner of properties have reacted on the collection processMaximise productivity through optimal utilisation of available resources for the Credit Recovery Department and that accurate provisioning in terms of the Recoveries Detail Design and Asset assessments were made.Support with the assessment of trends in recovery, security realization and liquidation dividends as a % of the business analyst' portfolio and recommend corrective action to management.Manage Information for Credit RecoveriesControl that the daily reports are reviewed ensuring the business recovery debts are correctly addressed within the Bank's policies, norms and standardsJob Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

16/04/25

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.