Recoveries Analyst

4 hours ago


Johannesburg, South Africa FirstRand Full time

About us, purpose, experience and qualifications

**about us**:

- make a promise
- be deeply invested
- value our differences
- build trust, not territory
- have courage
- always do the right thing

**purpose**:

- To manage a portfolio of accounts and deal with liquidators and attorneys monitoring legal fees. The role may have supervisory responsibilities.**experience and qualifications**:

- Diploma in Insolvency or Grade 12 and qualified by experience
- 2-3 years collections experience**additional requirements**:
**responsibilities**:

- Ensure Debt Recovery maximised due to effective analysis.
- Manage costs / expenses within approved budget to achieve cost efficiencies by monitoring legal fees payable to attorneys and liquidators.
- Liaise with third parties i.e. Attorneys and Liquidators in a professional manner to maximise return on collections for the bank.
- Deliver exceptional service that exceeds customers’ expectations through proactive, innovative and appropriate solutions with the relevant departments across the bank.
- Comply with governance in terms of legislative, audit and process requirements.
- Make accurate provisioning in terms of the Recoveries Detail Design and Asset assessments.
- Assess trends in recovery, security realization and liquidation dividends as a % of the business analyst' portfolio and recommend corrective action to management.
- Review daily reports ensuring the business recovery debts are correctly addressed within the Bank's policies, norms and standards.
- Manage personal development to increase own skills and competencies.
- Plan and manage performance, skills development, employment equity, talent and culture of team in order to improve innovation, achieve efficiencies and increase competencies.


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