Commercial Recoveries Manager

19 hours ago

Randburg, South Africa FirstRand Bank Limited Full time

Description

Hello Future Commercial Recoveries Manager

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team in FNB HSL, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are you someone who can:

Ensure the reduction of loss to the Bank and increase of 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 targets whilst ensuring effective control of costs increase cost efficiency Achieve monthly Team targets with specific focus on non-performing loans and recovering of provisions. Control the administrative activities relative to the function of Litigation, deceased and insolvent estates by ensuring liaison with third parties i.e. Attorneys, Trustees, Executors, Liquidators by the Collectors Comply with governance in terms of legislative and audit requirements Negotiating with defaulting client’s post-handover from pre-legal team with a view to obtaining payment proposals and/or settlement of debts, failing which, to maximize recovery of the Bank’s exposure through legal recourse and recovery initiatives Drive the realization of the Bank’s collateral through the assistance of external service providers Management of performance outputs of various external and internal stakeolders including but not limited to a panel of attorneys, liquidators, executors, auctioneers Management of Bank costs in the form of legal fees, auctioneers costs etc. Managing a portfolio of legal accounts and driving perfromnace outputs to meet perfromnace targets Managing turnaround times of service providers in terms of signed SLA’s – ensuring complianxe thereof Ensuring non performing Loans eligible for write off are processed timeously Management of Collateral by ensuring revaluation within acceptable timelines to ensure correct impairment reporting Attending trials on defended matters Attending consultations with attorneys and counsel Attending auctions Identifying high risk matters to be referred to LRC for consideration Managing multiple properties linked to a single facility agreement Managing various categories of default Negotiating compromised settlements Being able to hold legal discussions with various external staekholders e.g. liquidators, business rescue practitioners Understanding the provision impact on their respective portfolio’s and to drive outputs that promote impairment reductions and maximum recovery

You will be an ideal candidate if you:

Law Degree with 2 to 3 years post admission experience or 5 to 8 years in a legal recoveries’ environment

You will have access to:

Opportunities to network and collaborate A challenging working environment that is progressive and agile Opportunities to innovate where iniative is taken and owned end to end

We can be a match if you are:

Adaptable and curious Analyse complex data sets Thrive in a collaborative environment

#Post

#FNB

#LI-NP2

Apply now if you are interested in taking the next step. We look forward to engaging with you

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Closing date:

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

12/11/24

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

  • Credit Recoveries Manager

    4 months ago

    Randburg, South Africa FirstRand Full time

    Job Description Hello Future Credit Recoveries Manager Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our team in FNB HSL you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives...

  • Commercial Property Manager

    2 weeks ago

    Randburg, Gauteng, South Africa Flair TM Full time

    Property Manager Job DescriptionFlair TM is seeking a seasoned Property Manager to oversee the management and operational efficiency of their commercial portfolio.Key Responsibilities:Manage day-to-day property operations, ensuring high levels of tenant satisfaction and property performance.Develop and implement operational strategies to optimize property...

  • Commercial Property Manager

    3 weeks ago

    Randburg, Gauteng, South Africa Flair TM Full time

    Job Title: Property ManagerFlair TM is seeking a results-driven Property Manager to oversee the management and operational efficiency of our commercial portfolio.Key Responsibilities:Manage day-to-day property operations, ensuring high levels of tenant satisfaction and property performance.Develop and implement operational strategies to optimize property...

  • IT Business Management Director

    2 months ago

    Randburg, Gauteng, South Africa Edge Executive Search Full time

    Job DescriptionWe are seeking a highly experienced and skilled IT Business Management Director to join our team at Edge Executive Search. The successful candidate will be responsible for leading and managing the IT Business Management team, driving a culture of high performance, value-for-money, optimization, and innovation in planning and control.Key...

  • Commercial Director

    2 months ago

    Randburg, South Africa The Staff Connection Full time

    Staff Connection is looking for a Commercial Director for our client in the travel & tourism sector.Bachelor's degree in Business Administration or similar discipline Min 10yrs experience within commercial experience in the hospitality sectorStrong marketing, sales and revenue experienceAbility to set financial targetsManaging relationships with key...

  • Commercial Property Finance Portfolio Manager

    1 month ago

    Randburg, Gauteng, South Africa Manpower Group SA (Pty) Ltd Full time

    Job Title: Commercial Property Finance Portfolio ManagerManpower Group SA (Pty) Ltd is seeking a highly skilled Commercial Property Finance Portfolio Manager to join our team. As a key member of our finance team, you will be responsible for managing a portfolio of commercial property finance deals, ensuring timely and accurate processing, and maintaining...

  • Commercial Legalization Officer

    4 months ago

    Randburg, South Africa Irdeto Full time

    **Who we are**: Irdeto is the world leader in digital platform cybersecurity, empowering businesses to innovate for a secure, connected future. Building on over 50 years of expertise in security, Irdeto’s services and solutions protect revenue, enable growth and fight cybercrime in video entertainment, video games, and connected industries including...

  • Commercial Property Finance Portfolio Manager

    4 weeks ago

    Randburg, Gauteng, South Africa Manpower Group SA (Pty) Ltd Full time

    Job Title: Commercial Property Finance Portfolio ManagerWe are seeking a highly skilled Commercial Property Finance Portfolio Manager to join our team at Manpower Group SA (Pty) Ltd. As a key member of our team, you will be responsible for managing a portfolio of commercial property finance deals, identifying new business opportunities, and maintaining...

  • IT Business Management Director

    1 month ago

    Randburg, Gauteng, South Africa Edge Executive Search Full time

    Job SummaryWe are seeking an experienced IT Business Management Director to lead our team and drive business value through effective management of IT finances, vendors, and projects.Key ResponsibilitiesLead and develop the Business Management team to achieve high performance and value-for-moneyManage and coordinate the overall IT budget, ensuring effective...

  • IT Business Management Director

    5 months ago

    Randburg, South Africa Edge Executive Search Full time

    Lead, develop and manage the Business Management team and lead a culture of high performance, value-for-money, optimization and innovation in planning and control and manage performance of the team effectively Manage and coordinate the overall IT budget effectively and ensure that effective mechanisms are in place to manage, control and report on IT...

  • Commercial Underwriter

    1 month ago

    Randburg, Gauteng, South Africa CFS Recruitment (Pty) Ltd Full time

    CFS Recruitment (Pty) Ltd is seeking a skilled Commercial Underwriter with a focus on Marine experience. The ideal candidate will possess a strong understanding of commercial lines and have a proven track record in underwriting marine-related risks. Key requirements include:• Matric certification• RE 5 qualification• FETC in Short-Term Insurance•...

  • Commercial F&i Business Manager

    5 months ago

    Randburg, South Africa WeBuyCars Full time

    This is an exciting opportunity for a Commercial Finance and Insurance Manager to join the team at our Dome branch in Randburg! Commercial Finance & Insurance Main Purpose of this job: To professionally handle the financial aspect of We Buy Cars’ clients’ when buying a used commercial vehicle. This can only be done by a suitably qualified and appointed...

  • IT Business Management Director

    1 month ago

    Randburg, Gauteng, South Africa Edge Executive Search Full time

    Job DescriptionEdge Executive Search is seeking an experienced IT Business Management Director to lead our IT business management team. The successful candidate will be responsible for developing and managing the team, leading a culture of high performance, value-for-money, optimization, and innovation in planning and control, and managing the performance of...

  • Asset Re Marketing

    4 months ago

    Randburg, South Africa FirstRand Full time

    Job Description The Asset Re-Marketing Sales Manager is responsible to manage, control and maximize the recovery of re-marketed assets at the best cost possible. The incumbent must have a total understanding of the re-marketing process managing the storage, the logístical process, the valuation process and the auctioning of motor vehicles or aviation or...

  • IT Business Management Director

    2 weeks ago

    Randburg, Gauteng, South Africa Edge Executive Search Full time

    Job DescriptionWe are seeking a highly skilled and experienced IT Business Management Director to join our team at Edge Executive Search. The successful candidate will be responsible for leading and managing the Business Management team, driving a culture of high performance, value-for-money, optimization, and innovation in planning and control.Key...

  • IT Business Management Director

    2 weeks ago

    Randburg, Gauteng, South Africa Edge Executive Search Full time

    Job DescriptionEdge Executive Search is seeking a highly skilled and experienced IT Business Management Director to lead our client's IT business unit. The successful candidate will be responsible for developing and managing the IT business strategy, leading a high-performing team, and driving innovation and value creation.Key ResponsibilitiesDevelop and...

  • Financial Analyst

    7 months ago

    Randburg, South Africa Green Marble Recruitment Consultants Full time

    Our internationally affiliated client based in Randburg is looking for a meticulous Financial Analyst to become part of their dynamic team. The perfect fit will showcase robust analytical abilities, a comprehensive grasp of financial and risk analysis principles, and proficiency in information and data interpretation. This role entails gathering, processing,...

  • Claims Manager

    5 months ago

    Randburg, South Africa Green Marble Recruitment Consultants Full time

    Are you an experienced leader with a passion for driving efficiency and excellence in claims resolution and management? We're seeking a dynamic Claims Manager to oversee our clients' end-to-end claims process and lead a dedicated team of claims analysts. We are looking for an individual with a strong personality, a collaboration mindset and the capability to...

  • Fraud Administration and Operations Manager-1

    1 week ago

    Randburg, South Africa FirstRand Full time

    Job Description Manage and guide team resources in executing the appropriate fraud administration processes and procedures in a timely manner to maximize recoveries for FNB and minimise any write-offs - Reduce fraud complaints (conduct analysis of complaints, identify gaps and recommend improvements) to ensure processing at optimal levels at all times and...

  • Commercial Property Finance Portfolio Manager

    1 week ago

    Randburg, Gauteng, South Africa Manpower Group SA (Pty) Ltd Full time

    Job Title: Commercial Property Finance Portfolio ManagerROLE PURPOSE:To grow revenue, manage debt portfolio and maintain quality of collateral in line with the company's objectives over time. This includes to identify, source and secure multi-unit residential loans (with associated commercial property) with appropriate clients, to maintain prepayment...