Legal Credit Expert

24 hours ago


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

We are seeking an experienced and skilled Legal Credit Expert to join our team at FirstRand Namibia Limited. In this role, you will be responsible for managing non-performing loans within a specific region to maximize recoveries and minimize costs.

About the Role

You will be responsible for controlling the administrative activities relative to the function of deceased and insolvent estates by ensuring liaison with third parties i.e. Attorneys, Trustees, Executors, Liquidators by the Collectors. You will also need to counsel surviving spouses to expedite closure of home loan accounts by analysing surviving spouse or executor financial worthiness to manage risk for the bank.

Main Responsibilities

  • Control the administrative activities relative to the function of deceased and insolvent estates
  • Counsel surviving spouses to expedite closure of home loan accounts
  • Maintain expert knowledge on relevant legislative amendments, industry best practices and provide proactive advice and solutions to relevant stakeholders

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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