Head: Legal Recoveries
4 months ago
**Job Advert Summary**:
To design, implement and manage an end-to-end legal recoveries capability that is recognised as a valuable and strategic function of the Land Bank. The function should maximise cost effective recoveries thereby supporting retail and business and corporate banking strategy. Maintains acceptable Non-Performing Loans (NPLs) percentage in relation to the loan book. To manage legal risks of the Bank. To manage the legal recoveries process as well as external service providers’ performance. To draft and vet various types of agreements pertaining to the legal recovery process.
**Key Performance Areas**:
**1. Legal and Solvency Strategy development and overseeing the legal recovery process including insolvency and debt collection**
- In alignment to the corporate plan develops, implements and maintains the legal recovery and insolvency strategies to maximise recoveries and minimise NPLS’s
- Manage various functions within Legal Recoveries in order to maximise cost effective recoveries.
- Determine what write-off is appropriate and is in the best interest of the Land Bank.
- Develop, implement and enforce right-off processes and related policies.
- Manage and monitor the matters that are referred to attorneys and debt collectors as well as for liquidation
- Manage the insolvency process including validation of claims and liquidation of them and distribution accounts
- Monitor and evaluate the performance of the appointed panel of attorneys.
- Manage the relationship and performance with the Debt Review panel of outsourced service providers, track vendor compliance against the SLA and contractual and legislative requirements
- Identify effective risk controls and put proper risk control assessment in place and reviewed annually
- Document that risks controls are operating effectively and if not that appropriate, corrective actions are taken
**2. Management of stakeholder relations**
- Oversee and manage the flow of relevant information to best inform stakeholders as to the status of the portfolio or individual clients within the portfolio
- Where appropriate generate feedback to stakeholders to improve future risk decisions and ensure past mistakes are prevented
- Drives stakeholder alignment and satisfaction utilising sound stakeholder management techniques
- Maintain relationships with external service providers (attorneys; debt collectors, etc.) and handle their queries timeously.
- Maintain relationships with clients.
- Maintain relationships with the relevant government departments (DRDLR, DAAF, etc.)
- Maintains good communication and reporting lines with branches.
- Respond timeously to internal and external customer queries
**3. Reporting and information systems**
- Manco reporting - detailed reports on amounts recovered and NPLS as well as cost effectiveness
- Credit Risk operations (CROM) reporting - identifying and highlighting from a recoveries and NPL perspective
- Exco reporting - high level reporting on overall recoveries and NPLs as well as high value litigation matters
- Quarterly business reports Maintain and enhance the system to suit business needs and support efficiencies
- Complete monthly audit assessment to ensure all required documentation / agreements / correspondence is in place to facilitate a clean audit result.
**4. Departmental and People Management**
**Performance Management**
- Analyse the business plan to determine the applicable deliverables and targets
- Compile the Performance Management documentation in collaboration with the staff member in terms of:
- Job Profile requirements
- Key Performance Areas
- Personal Development Plan
- Conduct performance planning session and Track and monitor performance in accordance with performance contracts
- Conduct performance reviews in accordance with policies and procedures and take corrective actions where necessary
**Capacity Planning**
- Determine the human resource requirements, in accordance with the expected deliverables and current capacity
- Secure the human capital requirements to ensure that deliverables will be met in accordance with the expected targets
- Set and achieve employment equity targets.
- Minimise staff turnover
- Lead the department in such a manner as to foster innovation and technological excellence.
- Demonstrate behaviour aligned to the corporate Land bank values
- Equitable distribution of responsibilities and accountabilities and plan appropriate human capacity and full utilisation for projects under management
**Financial Management**
- Develop and manage budget
- Manage expenditure and ensure no fruitless expenditure
- Adhere to financial guidelines and thus ensure proper control over expenditure
- Pursue divisional targets and manage the financial health and stability of division
**Preferred Minimum Education and Experience**:
- LLB or equivalent qualification.
- Admission as on attorneys is a requirement or admitted Advocate having served pupillage.
- 8 years experience
-
Head: Legal Recoveries
4 months ago
Centurion, South Africa Six Sense Full timeA well-established business is seeking to appoint a Head: Legal Recoveries & Insolvency. **Minimum Education and Experience**: - LLB or equivalent qualification. - Admission as on attorneys is a requirement or admitted Advocate having served pupillage. - 8 years' experience in legal recoveries / debt collection environment, preferably in a bank at the...
-
Head: Legal Recoveries
3 weeks ago
Centurion, South Africa Jobted ZA C2 Full timeMinimum Education and Experience: - LLB or equivalent qualification. - Admission as on attorneys is a requirement or admitted Advocate having served pupillage. - 8 years' experience in legal recoveries / debt collection environment, preferably in a bank at the senior management level. - 8 years' experience in restructuring of distressed accounts. Critical...
-
Head: Legal Recoveries
4 months ago
Centurion, South Africa Six Sense Consulting Full timeMinimum Education and Experience: LLB or equivalent qualification.Admission as on attorneys is a requirement or admitted Advocate having served pupillage.8 years' experience in legal recoveries / debt collection environment, preferably in a bank at the senior management level.8 years' experience in restructuring of distressed accounts.Critical...
-
Head: Legal Recoveries
4 months ago
Centurion, South Africa Six Sense Consulting Full timeMinimum Education and Experience: LLB or equivalent qualification. Admission as on attorneys is a requirement or admitted Advocate having served pupillage. 8 years' experience in legal recoveries / debt collection environment, preferably in a bank at the senior management level. 8 years' experience in restructuring of distressed accounts. Critical...
-
Legal Advisor: Commercial Law Recoveries
7 months ago
Centurion, South Africa Secondments Recruitment Full time**Job Advert Summary**: To provide legal advice, legal opinions and solutions to company business units. To manage company legal risks. To manage the legal recoveries process of outstanding crop insurance premiums and any other monies due and owing to the company. To ensure legal compliance as well as manage the external resources. To draft and review the...
-
Senior Legal Advisor: Recoveries
2 months ago
Centurion, South Africa Six Sense Full timeA well-established financial services business is seeking to appoint a Senior Legal Advisor: Recoveries & Insolvency. To create and manage an end-to-end legal recoveries capability. The function should maximise cost effective recoveries and contributing to minimising financial loss and mitigating risk. **Minimum Education and Experience**: - LLB or...
-
Senior Legal Advisor: Recoveries
2 months ago
Centurion, South Africa Land Bank Careers Full time**Job Advert Summary**: The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to...
-
Head of Legal
7 months ago
Centurion, South Africa SydSen Recruit Full timeGauteng, Centurion Head of Legal - Centurion, Gauteng As the **Head of Legal** in the **Automotive Industry**, you will be responsible for overseeing and managing all legal affairs within the company. You will provide strategic legal advice, ensure compliance with laws and regulations, and mitigate legal risks. Your expertise will play a crucial role in...
-
Executive Manager Legal Services
1 month ago
Centurion, South Africa Six Sense Full timeA well-established business is seeking to appoint a Executive Manager Legal Services To set the legal strategy and framework for the organisation in alignment with the Corporate Plan, to assess and manage the legal and regulatory environment pertaining to the business of the organisation. Through operationalisation of the strategy supports the legal...
-
Executive Manager Legal Services
4 weeks ago
Centurion, South Africa Jobted ZA C2 Full timeMinimum Education and Experience: - Postgraduate degree (LLM) - Admitted Attorney / Advocate - Ideal: - Conveyancing qualification - RELEVANT EXPERIENCE - Minimum of 10 years spent in job Senior Legal Commercial and Corporate experience / Head of Legal Division / Senior Partner - Ideal: - Insolvency and Business Rescue Experience 3 5 years - Conveyancing...
-
Executive Manager: Legal Services
4 weeks ago
Centurion, South Africa Jobted ZA C2 Full timeJob Advert Summary To set the legal strategy and framework for the organization in alignment with the Corporate Plan, to assess and manage the legal and regulatory environment pertaining to the business of the Bank. Through operationalization of the strategy supports the legal recovery process with the focus being minimization of losses. Establishes...
-
Executive Manager Legal Services
1 month ago
Centurion, South Africa Six Sense Consulting Full timeMinimum Education and Experience:Postgraduate degree (LLM)Admitted Attorney / AdvocateIdeal:Conveyancing qualificationRELEVANT EXPERIENCEMinimum of 10 years spent in job Senior Legal Commercial and Corporate experience / Head of Legal Division / Senior PartnerIdeal:Insolvency and Business Rescue Experience 35 yearsConveyancing Experience 35 yearsLitigation...
-
Executive Manager Legal Services
1 month ago
Centurion, South Africa Six Sense Consulting Full timeMinimum Education and Experience: Postgraduate degree (LLM)Admitted Attorney / AdvocateIdeal:Conveyancing qualificationRELEVANT EXPERIENCEMinimum of 10 years spent in job Senior Legal Commercial and Corporate experience / Head of Legal Division / Senior PartnerIdeal:Insolvency and Business Rescue Experience 3 5 yearsConveyancing Experience 3 5...
-
Executive Manager Legal Services
1 month ago
Centurion, South Africa Six Sense Consulting Full timeMinimum Education and Experience: Postgraduate degree (LLM) Admitted Attorney / Advocate Ideal: Conveyancing qualification RELEVANT EXPERIENCE Minimum of 10 years spent in job Senior Legal Commercial and Corporate experience / Head of Legal Division / Senior Partner Ideal: Insolvency and Business Rescue Experience 3 5 years Conveyancing Experience 3 5...
-
Head of Business Operations
6 months ago
Centurion, South Africa Pollock and Associates Full timeHead of Business Operations Bank/Fin Services/Insurance Centurion - Gauteng - South Africa We seek a dynamic and experienced Head of Business Operations to join our clients team and drive excellence in debt collections, customer support, loan administration, and commercial credit functions. It plays a critical role in maintaining loan book quality and...
-
Chief Legal Strategist
4 weeks ago
Centurion, Gauteng, South Africa Fempower Full timeJob Title: Chief Legal StrategistFempower is seeking a highly experienced and skilled Chief Legal Strategist to join our team. This role is responsible for setting the legal strategy and framework for the organization in alignment with the Corporate Plan.Key Responsibilities:Assess and manage the legal and regulatory environment pertaining to the business of...
-
Executive Manager: Legal Services
4 weeks ago
Centurion, South Africa Fempower Full timeJob Advert Summary To set the legal strategy and framework for the organization in alignment with the Corporate Plan, to assess and manage the legal and regulatory environment pertaining to the business of the Bank. Through operationalization of the strategy supports the legal recovery process with the focus being minimization of losses. Establishes...
-
Executive Manager: Legal Services
4 weeks ago
Centurion, South Africa Fempower Full timeJob Advert SummaryTo set the legal strategy and framework for the organization in alignment with the Corporate Plan, to assess and manage the legal and regulatory environment pertaining to the business of the Bank. Through operationalization of the strategy supports the legal recovery process with the focus being minimization of losses. Establishes policies...
-
Head: Legal Client Agreements
4 months ago
Centurion, South Africa Land Bank Careers Full time**Job Advert Summary**: Manages and implements the legal risk capabilities across the Land Bank, creates frameworks and plans to support legal capability. To create and manage the corporate and commercial legal capability that is recognised as a valuable and strategic partner to support the business of the Bank To effectively support the Land Bank Corporate...
-
Recoveries Claims Consultant
7 months ago
Centurion, South Africa Customer Loyalty Consultants (Pty) Ltd Full time**Gauteng**, Centurion** **Monthly (Momentum Umbrella Fund: Death Benefit, Funeral Cover Benefit, Lump Sum Disability Benefit, Critical, Market related)** We are looking for a dynamic Third-Party Recovery Claims Consultant to joint our Recoveries team. The main purpose of the position is to take full responsibility over third party recovery claims while...