Recoveries Analyst

2 weeks ago


Johannesburg, Gauteng, South Africa FirstRand Full time
About us, purpose, experience and qualifications

about us:

- make a promise
- be deeply invested
- value our differences
- build trust, not territory
- have courage
- always do the right thing

purpose:

  • To manage a portfolio of accounts and deal with liquidators and attorneys monitoring legal fees. The role may have supervisory responsibilities.

experience and qualifications:

  • Diploma in Insolvency or Grade 12 and qualified by experience
  • 23 years collections experience
    additional requirements:

responsibilities:

  • Ensure Debt Recovery maximised due to effective analysis.
  • Manage costs / expenses within approved budget to achieve cost efficiencies by monitoring legal fees payable to attorneys and liquidators.
  • Liaise with third parties i.e. Attorneys and Liquidators in a professional manner to maximise return on collections for the bank.
  • Deliver exceptional service that exceeds customers' expectations through proactive, innovative and appropriate solutions with the relevant departments across the bank.
  • Comply with governance in terms of legislative, audit and process requirements.
  • Make accurate provisioning in terms of the Recoveries Detail Design and Asset assessments.
  • Assess trends in recovery, security realization and liquidation dividends as a % of the business analyst' portfolio and recommend corrective action to management.
  • Review daily reports ensuring the business recovery debts are correctly addressed within the Bank's policies, norms and standards.
  • Manage personal development to increase own skills and competencies.
  • Plan and manage performance, skills development, employment equity, talent and culture of team in order to improve innovation, achieve efficiencies and increase competencies.


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