Turnaround Specialist
2 days ago
The purpose of this role is to rehabilitate the private sector non-performing loan book, with the ultimate goal of maximising recovery for the bank. The role is responsible for providing technical expertise utilising various turnaround methodologies to develop, implement and monitor turnaround plans and rehabilitation strategies for private sector nonperforming loans.
Key Responsibilities- Manage complex, high value non-performing private sector / commercial loans by reviewing and assessing turnaround / workout alternatives and solutions to ensure that the most financially acceptable and appropriate recovery solution is found for the DBSA.
- Provide support to Management (Investment Committee) and Board (Board Credit and Investment Committee) by providing bank wide advice on turnaround issues.
- Provide inputs on the design and implementation of turnaround/recovery management solutions in order to build a sound platform for the recovery of DBSA non-performing loans.
- Prepare, communicate and facilitate the use of appropriate turnaround and risk methodologies, tools and techniques for distressed and non-performing clients.
- Work with other turnaround specialists within the Unit to maintain and improve the business rescue and turnaround capability within DBSA.
- Maximise recoveries to the DBSA in as short a time as is reasonably possible.
- Calculate Expected Credit Loss for Stage 3 Assets (non performing loans) within the portfolio under consideration.
- Performance against agreed targets (value and number of Stage 3 Assets (NPLs) to be maintained within the DBSA prudential limit).
- Performance outputs as per the performance management system.
- Implementation and monitoring of turnaround/ business rescue plans.
- Achievement of turnaround times stipulated.
- Management of relationships with key stakeholders (internal and external).
- Clean Audit.
- A minimum of a Bachelor's Degree in Finance or equivalent is required.
- A minimum of between 5-10 years' experience in commercial/corporate business rescue, rehabilitation and turnarounds in a commercial banking and/or financial institutional environment.
- A well-developed knowledge of business, management and finance philosophies, practices, etc.
- Solid understanding of the relevant business legislative and policy framework; i.e. Basel II, GAAP, IFRS9, Companies Act etc.
- Business Rescue/turnaround management experience and/or qualification.
- Expert knowledge of credit risk and financial management principals and methodologies to lead private sector business rescue assignments in the DBSA.
- Able to use technical and business understanding to assist with the rehabilitation of non-performing loans.
- Able to apply a wide range of financial and risk assessment and mitigation techniques to the client's business operations.
- Able to develop innovative solutions, identify new areas of opportunity, and identify, analyse and address the appropriate risks in order to rehabilitate the client.
- Able to utilize complex influencing strategies for leverage.
- Strong business acumen and strategic advisory experience.
- Ability to facilitate, negotiate and communicate superbly at all levels.
- Dealing with private sector / commercial workouts turnarounds – real examples will need to be provided.
- Extensive experience of the legal process associated with workouts, business rescue and liquidations.
- Experience in managing a team of workout specialists in a private sector environment.
- A post-graduate qualification such as CFA and/or financial or management qualification.
- Credit Risk or Certified Rescue Analyst qualification.
The Development Bank of Southern Africa will endeavor to make appointments in line with its Employment Equity Policy and Plan. Applications from suitably qualified designated groups, especially people with disabilities, are encouraged.
The DBSA corporate culture fit requires clear, logical and analytical thinking grounded in good interpersonal skills, a sense of urgency and results orientated execution of duties. The ability to work collaboratively and finding practical yet innovative solutions is critical to success in a work environment that demands emotional resilience, accountability and responsible risk taking and management.
The DBSA reserves the right to amend or remove vacancies in line with organisational requirements.
All vacancies can be viewed on the DBSA website (www.dbsa.org) under Careers.
#J-18808-Ljbffr-
Commercial Turnaround Expert
1 day ago
Midrand, Gauteng, South Africa Development Bank of Southern Africa (DBSA) Full timeJob OverviewThe Development Bank of Southern Africa (DBSA) is a leading development finance institution that provides financial services to support economic growth and development in Southern Africa. We are currently seeking a Commercial Turnaround Expert to join our team.Key Responsibilities:Develop and Implement Turnaround Plans: Develop, implement, and...
-
Loan Rehabilitation Specialist
1 day ago
Midrand, Gauteng, South Africa Development Bank of Southern Africa (DBSA) Full timeAbout the RoleWe are seeking a highly skilled Loan Rehabilitation Specialist to join our team at the Development Bank of Southern Africa (DBSA). The ideal candidate will have extensive experience in commercial loan rehabilitation and turnaround.Key Responsibilities:Rehabilitate Non-Performing Loans: Rehabilitate non-performing loans through effective...
-
Business Recovery Manager
1 day ago
Midrand, Gauteng, South Africa Development Bank of Southern Africa (DBSA) Full timeJob DescriptionThe Development Bank of Southern Africa (DBSA) is seeking a highly skilled Business Recovery Manager to join its team. The ideal candidate will have extensive experience in commercial business rescue, rehabilitation, and turnarounds.Key Responsibilities:Manage Complex Assets: Review and assess turnaround/workout alternatives and solutions to...
-
Microbiology Specialist
4 days ago
Midrand, Gauteng, South Africa SafetySA Full timeSafetySA is committed to providing high-quality laboratory services.About the RoleThis position requires an Analytical Scientist to conduct testing of samples, ensuring timely completion of work within required turnaround times.Main DutiesConduct independent tests, verifying results and interpreting data against known sources.Improve laboratory efficiency,...
-
Microsoft Cloud Admin
4 weeks ago
Midrand, Gauteng, South Africa Rectron South Africa Full timeJob PurposeRectron is a distributor that brings technology solutions to the Southern African market through a channel of resellers. In the evolution of our business, Rectron is focusing on delivering cloud solutions through our reseller channel to end customers.The role of the RCT Cloud operations team is to support the growth of the business through...
-
Microsoft Cloud Admin
4 weeks ago
Midrand, Gauteng, South Africa Rectron Full timeJob PurposeRectron is a distributor that brings technology solutions to the Southern African market through a channel of resellers. In the evolution of our business, Rectron is focusing on delivering cloud solutions through our reseller channel to end customers.The role of the RCT Cloud operations team is to support the growth of the business through...
-
Turnaround Specialist
3 weeks ago
Midrand, South Africa DBSA Full timeThe purpose of this role is to rehabilitate the private sector non-performing loan book, with the ultimate goal of maximising recovery for the bank. The role is responsible for providing technical expertise utilising various turnaround methodologies to develop, implement and monitor turnaround plans and rehabilitation strategies for private sector...
-
Organisational Development Specialist
1 week ago
Midrand, South Africa Rooftop Recruitment Full timeOrganisational Development Specialist Midrand Partner with leaders and other relevant organisational stakeholders to drive effectiveness and achieve the business objectives. - Engage and partner with business to understand their needs to develop and implement integrated people plans, initiatives and solutions. - Develop and implement change and...
-
Customer Resolution Technical Specialist
3 weeks ago
Midrand, South Africa Sanlam Full time**Who are we?** - Job Description The Customer Resolutions Technical Advisor will be responsible for investigation and resolution of complaints of a technical nature. This will include reviewing damages and assessment reports to make an informed decision on the customers complaint. - This role requires an enthusiastic individual who will act with urgency to...
-
Retention Specialist
5 days ago
Midrand, South Africa Sanlam Full time**Who are we?** - Minimum Qualification Required- Grade 12/Standard 10/NQF 4 - RE 5 and Relevant FAIS Fit and proper or more than 2 years under supervision period left - Minimum Experience- At least 2 years of experience in call center STI personal lines - Personal lines retention experience will be advantageous - Deliverables include, but will not be...
-
Business Development Specialist
6 days ago
Midrand, South Africa Sanlam Full time**Who are we?** **Job description**Minimum qualifications required** - Standard 10/Matric / Equivalent NQF Level 4 Regulatory Qualification (RE 5) will be an advantage**Minimum experience** - Minimum 3 years’ experience in the Heavy Commercial Vehicle industry Minimum 5 years’ experience in external face-to-face sales Minimum 2 years’ experience in...
-
Customer Resolution Specialist
3 days ago
Midrand, South Africa Sanlam Full time**Who are we?** - Minimum Qualification Required - Grade 12/Standard 10/NQF 4 - Complaints Resolution Analyst - Tertiary qualification will be beneficial - RE Qualified (Ability to give clients advice) - FAIS qualification - or working towards FAIS qualification - Minimum Experience - Minimum 2 years’ experience in the Short-Term Insurance Industry with a...
-
General Manager: Mbis Gauteng North
3 days ago
Midrand, South Africa Sanlam Full time**Who are we?** **Minimum Qualification Required** - Grade 12/Standard 10/NQF 4 - Regulatory Exam - RE 5 - Completed FAIS credits - Management related qualification **Minimum Experience** - Minimum 8 years face to face Sales experience - Minimum 3 years in a regional manager role - Solid understanding of Sales system and applicable processes that impact on...
-
Actuarial Expense Specialist
4 days ago
Midrand, South Africa Sanlam Full time**Who are we?** At MiWay, our purpose is to enable people to live their way. We understand that life is not just about "things" but the meaning that those things bring to your life. We believe that technology and innovation have infinite possibilities when it's inspired by humans by you. Therefore, we focus on our clients' needs; finding new ways to...
-
Mibusiness Insurance Specialist
6 days ago
Midrand, South Africa Sanlam Full time**Who are we?** **What will you do?**- What will make you successful in this role- NQF4/Matric/Standard 10 - FAIS credits/Full Insurance Qualifications (depending on Dofa) - Financial Services Board Regulatory Exams (RE5) completed - Must have your own reliable transport - Valid code B driver’s license - Minimum Experience- Minimum 2 years’ experience...
-
Legal Liabilities Team Manager
7 days ago
Midrand, South Africa Sanlam Full time**Who are we?** - Minimum Qualifications Required- Grade 12/Standard 10/NQF 4 - Related tertiary qualification - Minimum Experience- Minimum 5 years’ experience in the STI environment - Minimum 5 years Liabilities and/or Recoveries experience, specific to Motor Vehicle Accidents - Deliverables include, but will not be limited to- Sound knowledge of Motor...
-
Legal Manager
2 days ago
Midrand, South Africa MiWay Full timeWho are we? Up for a new challenge and feel you can make a difference? The Claims Department is looking for an enthusiastic individual as a Legal Manager in our Legal Department to oversee effective operations including Broker/Direct/Digital Legal claims for Personal and Business Insurance. What will make you successful in this role? Grade 12/Standard 10/NQF...
-
Internal Marketing and Events Specialist
6 days ago
Midrand, South Africa Sanlam Full time**Who are we?** At MiWay, our purpose is to enable people to live their way. We understand that life is not just about "things" but the meaning that those things bring to your life. We believe that technology and innovation have infinite possibilities when it's inspired by humans by you. Therefore, we focus on our clients' needs; finding new ways to...
-
Mibusiness Insurance Specialist: Gauteng North
3 weeks ago
Midrand, South Africa Sanlam Full time**Who are we?** **What will you do?** - Responsible for achieving sales volumes, distribution, pricing, stock pressure and forwarding display objectives in accordance with expected standards for a particular district. Manages the activities of the sales force in a division. **Qualification and Experience** - Qualification and...
-
Drm Process and Information Specialist
7 days ago
Midrand, South Africa Premier Full time**Purpose of the job**: To provide reporting and route management optimization services to the bakery sales and transport teams in order to optimize sales routes, minimise cost to serve and identify areas for sales growth for their area of responsibility. **What will you do**: To support fact based decision making by ensuring accurate and on time DRM...
-
Mibusiness Insurance Specialist: Gauteng South
3 weeks ago
Midrand, South Africa Sanlam Full time**Who are we?** **What will you do?** - Responsible for achieving sales volumes, distribution, pricing, stock pressure and forwarding display objectives in accordance with expected standards for a particular district. Manages the activities of the sales force in a division. Ensures that all records are continually updated and maintains individual contact...
-
Device Partner Sales
2 weeks ago
Midrand, South Africa Rectron Full timeThe purpose of the Microsoft Device Partner Sales is to take advantage of the Pro Device Refresh. Working with the Product manager from Lenovo/Acer/Asus/MSI to drive Pro device sales. Focus on Microsoft Copilot device sales increase into all Rectron Sales territories to drive the Windows Messaging which is creating the need for a Pro Device...
-
Senior Talent Acquisition Specialist
2 weeks ago
Midrand, South Africa MiWay Full timeWho are we? Relevant Bachelor’s Degree A minimum of 8 years demonstrable recruiting experience i.e. in interviewing and assessing potential and onboarding processes. Understanding of labour market and labour legislation in South Africa. Proven ability to manage multiple jobs (at least 20) effectively at the same time. Skilled in LinkedIn search methods....