Asset Recoveries Officer

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Job Requistion Details and Talent Acquisition Contact

  • Req: Role: Asset Recoveries Officer
  • TA Consultant: Lebohang Monate
Closing Date: 14/ Job Family- Credit

  • Career Stream
  • Credit Recoveries


Leadership Pipeline
  • Manage Self: Operational

Job Purpose

  • This is a specialized critical function within the business unit that supports the strategic intent and vision of the voluntary asset disposal channel to grow fresh starts by delivering on the needs of clients faced by the adversity of being in financial distress

Responsibilities:

  • Sell & negotiate the NAS Value Proposition to clients in financial distress to take up the voluntary sale (NAS Program).
  • Create lead opportunity through liaising with internal stakeholders to increasing voluntary sales.
  • Technical ability to utilize the enhanced NAS profit & loss calculation to demonstrate, educate and influence take up.
  • Leverage property market intelligence to price counsel clients with valuation disputes to consider and enroll for Nedbank assisted sales.
  • Consulting and reviewing Lightstone to price council the client around the current market trends
  • Mitigate risk by driving a strong due diligence and by ensuring that internal policy requirements are applied
  • Navigate between various property portals / systems to compile critical feedback to client regarding the value achieved on property and suburb trends (i.e. Lightstone / PropDotGo (Physical Internal Valuation)/ CMA reports/ Prop24/Private Property/ etc.).
  • Reviewing previously campaigned matters and gather Learnings from it and where we could potentially dedicate focus to increase uptake of the NAS program
  • Ensure great customer experience by executing well ahead of SLA and TAT.
  • Manage inflow from internal & external stakeholders to increase the NAS fresh starts.


Essential Qualifications
  • NQF Level
  • Matric / Grade 12 / National Senior Certificate


Preferred Qualification
  • NQF LEVEL 6 / Relevant Diploma in Law, Credit, Banking and / or Finance.
  • Minimum Experience Level 2 years experience in legal recoveries and/or credit risk management within a financial institution

Technical / Professional Knowledge

  • Administrative procedures and systems
  • Microsoft Office
  • Relevant regulatory knowledge
  • Business writing skills
  • Data Analysis and Interpretation
  • Credit risk and collections practice


Behavioural Competencies
  • Building Partnerships
  • Collaborating
  • Customer Focus
  • Decision Making
  • Managing Work
  • Planning and Organizing
- **_Please contact the Nedbank Recruiting Team at _
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