Department Manager: Legal Recoveries

1 week ago


Sandton, South Africa Capitec Bank Ltd Full time R1 200 000 - R1 800 000 per year
Purpose Statement
  • This job reports into the Head: Credit Book Control and Recoveries, and assumes responsibility for maximising Stage 3 recoveries and impairment releases and minimising Stage 3 recovery costs and impairment raises for Capitec Business ("CB") and Capitec Rental Finance ("CRF"). This will be achieved through:
    • Assuming accountability for providing strategic direction to Legal Recoveries' personnel, operations, data application, recovery tactics, litigation, insolvencies, outsourcing and campaigns; and
    • Ensuring the optimal realisation of collateral securing the non-performing loan portfolios of CB ad CRF.
Experience

Minimum:
  • 8 - 10 years in a banking / legal environment comprising of at least
    • 4 years at a managerial level and
    • 4 years in a Recoveries space
  • Managerial experience in Capitec Bank Limited or another financial institution in the same
Qualifications (Minimum)
  • Bachelor's Degree in Law or Commerce
Qualifications (Ideal or Preferred)
  • A relevant post-graduate qualification in Commerce or Business Administration
Knowledge

Minimum:
  • Up-to-date knowledge of legislation and regulations relevant to the Collections and Recoveries environments
  • Up-to-date knowledge of the Credit Risk regulatory requirements
  • Protection of Personal Information Act (POPIA)
  • Basel II
  • Banking and Financial Services Industry
  • Strategic credit risk management
  • Advanced knowledge of the debt collection processes
  • Entire credit life-cycle
  • Broad business knowledge and acumen
  • Advanced knowledge of the National Credit Act, 2005; the Insolvency Act, 1936; the Companies Act, 2008; the Administration of Estates Act, 1965; and the Consumer Protection Act, 2008.
Ideal:
  • Understanding of:
    • Commercial, business, entrepreneurial and financial principles and practices
    • Governance and risk management principles
    • Data analytics
Skills
  • Project Management Skills (Methodolgy Specific)
  • Problem solving skills
  • Leadership Skills
  • Decision making skills
  • Analytical Skills
Conditions of Employment
  • Clear criminal and credit record


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