Business Recovery Manager

3 days ago


Midrand, Gauteng, South Africa Development Bank of Southern Africa (DBSA) Full time
Job Description

The 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 ensure the most financially acceptable recovery outcome for DBSA.
  • Provide Expert Advice: Support Management and Board by offering bank-wide advice on turnaround issues.
  • Design Turnaround Solutions: Provide inputs on the design and implementation of turnaround/recovery management solutions to build a sound platform for DBSA non-performing loan recovery.
  • Prepare and Communicate: Prepare, communicate, and facilitate the use of appropriate turnaround and risk methodologies, tools, and techniques for distressed and non-performing clients.
  • Maintain Business Rescue Capability: Work with other turnaround specialists to maintain and improve business rescue and turnaround capability within DBSA.
  • Maximize Recoveries: Maximize recoveries to DBSA in as short a time as reasonably possible.
  • Calculate Expected Credit Loss: Calculate Expected Credit Loss for Stage 3 Assets (non-performing loans) within the portfolio under consideration.


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