Credit Recovery Specialist

2 days ago


Durban, KwaZulu-Natal, South Africa FirstRand Namibia Limited Full time

FirstRand Namibia Limited is a leading banking and financial services group with a strong presence in the region. We are seeking a highly skilled and experienced Credit Recovery Specialist to join our team.

About the Role

This role involves managing non-performing loans within a specific region to maximize recoveries and minimize costs, while providing credit with accurate MIS for the Kwa-Zulu Natal region. The successful candidate will ensure the reduction of loss to the Bank and increase revenue through collections and recovery.

Main Responsibilities

  • Ensure the reduction of loss to the Bank and increase revenue through collections and recovery
  • Control/manage costs/expenses within approved budget to achieve cost efficiencies by monitoring legal fees payable to attorneys and liquidators
  • Establish, align and manage target and budget goals whilst ensuring effective control of costs for a range of functional areas to increase cost efficiency

Requirements

  • BCom Law Commercial or BProc (Legal degree - practicing)
  • Experience in preferably from banking industry
  • 3 - 5 years' experience in a similar environment (knowledge and understanding of the law and court system work)


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