Senior Legal Coordinator

6 months ago

Sandton, South Africa Adcorp Holdings Full time

**Synopsis**
We have an exciting opportunity for a Senior Legal Advisor for our client in the banking sector, to initiate all proceedings to minimize bad debt.
**Qualification and Experience**
- LLB degree.
- Must an admitted attorney.
- Work experience in a Banking environment.
- Understanding and exposure to Magistrate /High Court litigation
- Able to train and guide supporting staff and good time management skills.
- Proficient in law of contract, law of cession, evidence, insolvency and civil procedure.
- Knowledge of consumer protection obligations.
- Excellent understanding of debtor’s accounts, (specifically rental & lease agreements).
- Knowledge of the legal process / insolvencies and all Acts surrounding the collection of debts

**Roles and Responsibilities**
- Assist with all defended matters - prepare for trial and represent the Bank / Company in court as witness in defended matters.
- Attend to settlement negotiations on legal matters.
- Attend meetings with clients and / or attorneys.
- Manage all Rental Legal Accounts in conjunction with the relevant parties, in a manner which ensures maximum recovery to the Bank in the shortest possible time frame.
- Manage and monitor all legal accounts handled by the bank and their attorney(s).
- Decide on action to be instituted, strategy to follow, whether to terminate, to sue for damages, specific performance etc.
- Monitor insolvencies-liquidations, sequestrations, business rescue, curatorship etc. Submit claims, sign affidavits, monitor dividend payments, check liquidation and distribution account for possible undue preference or dispositions, call for advanced dividends etc.
- Manage own non-performing book effectively.
- Draft, where necessary, ancillary and supporting agreements, negotiate and monitor the “Pay by Arrangement” accounts.
- Explore, pursue and realize all avenues of recovery to maximum benefit to the Bank.
- Manage and contain all internal & external costs associated with the collection of outstanding agreements.
- Assist with impairments and other reports required relative to the Rental Legal Book and present at relevant managerial meetings.
- Recommend write offs after all avenues of recovery have been exhausted.
- Provide ad hoc legal advice to the business specifically with regards to the bank’s Asset Finance division.

Job Reference: TCN01813

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