The role involves managing the assigned legal portfolio to recover outstanding bad debt and mitigate impairment requirements by instructing third-party service providers and engaging internal customers
Job Summary
The role involves managing the assigned legal portfolio to recover outstanding bad debt and mitigate impairment requirements by instructing third-party service providers and engaging internal customers.
The incumbent is responsible for optimising recovery cash flows, managing legal risks, and maintaining professional relationships with attorneys, insolvency practitioners, and auctioneers.
This position offers the opportunity to be part of a proudly African bank with over 100 years of history and regional and international expertise, contributing to the bank's growth journey.
Matching Summary
The role involves managing the assigned legal portfolio to recover outstanding bad debt and mitigate impairment requirements by instructing third-party service providers and engaging internal customers.
Skills & Requirements
Must-have
legal recovery portfolio management
instructing panel attorneys
risk management in collections
financial and non-financial analysis
management of third party relationships
negotiation and settlement approvals
Nice-to-have
court appearances and evidence presentation
client and internal stakeholder engagement
monitoring legal recovery progress
attending auctions and property visits
reporting to Watchlist Committee
Key Requirements
Bachelor's Degree in Business, Commerce or Management Studies
experience in legal recovery and risk management
knowledge of Employment Equity Act 55 of 1998 compliance