✅ Attention Job Seekers: Be sure to read through the entire post for important details! You'll find the application link or email provided at the end of the post.
Capitec Bank Invites Suitably Qualified Applicants to Apply for Sandton Manager Legal Recoveries (EDC) Vacancies (1 Post)
The closing date for applications is Not Specified.
Are you a motivated and ambitious individual with a passion for service in the banking industry? Do you want to be part of a dynamic team that’s making a real difference in the lives of our customers? Look no further! Capitec Bank is on the lookout for energetic and self-motivated individuals to join our team as a Sandton Manager Legal Recoveries (EDC).
What You’ll Be Doing:
As a Sandton Manager Legal Recoveries (EDC), you’ll play a crucial role in maximising Stage 3 recoveries and impairment releases, and minimising Stage 3 recovery costs and impairment raises for Capitec Business and Capitec Rental Finance. Your key responsibilities will include:
- Operationalising the Legal Recoveries Strategy and assuming duties for the Head: Legal Recoveries (as required) when unavailable.
- Managing the institution, progression and finalisation of applicable legal processes to ensure the optimal realisation of collateral and recoveries (in line with budget and targets) held across the scored secured and unsecured Business Bank non-performing loan portfolios, and the Rental Finance non-performing loan portfolio.
- Designing, implementing and managing performance within applicable Service Level Agreements and recoveries’ targets of all third parties utilised by the Legal Recoveries division.
- Building solid relationships with the External Debt Collectors (EDCs) and to continuously grow the EDC network to support the Business Bank and Rental Finance recovery strategies.
- Managing relevant stakeholders (clients, colleagues and external service providers), portfolios and processes so as to reduce non-performing loan ratios in line with industry norms.
What We’re Looking For:
To be successful in this role, you’ll need:
- A Bachelor’s Degree in Commerce or Law
- At least 6-8 years of experience in a banking / legal environment, with at least 2 years at a managerial level and 3 years in a Collections / Recoveries environment
- Experience in Insolvency practice
- Ideal candidates will have 8+ years of experience in a banking environment, with 2+ years at a managerial level and 3+ years in a Collections / Recoveries space
- A relevant post-graduate qualification in Law or Business Administration
- Knowledge of credit and corporate legislation and processes, banking and financial services industry, debt recovery processes, collateral variants/types, commercial, business and financial principles and practices, governance and risk management principles, business products, processes, policies and systems, data analytics, stakeholder performance management principles, quality assurance practice, and deep knowledge of Insolvency principles/processes/policies/etc.
- Analytical skills, attention to detail, computer literacy (MS Word, MS Excel, MS Outlook), interpersonal and relationship management skills, and problem-solving skills
Conditions of Employment:
To be considered for this role, you’ll need to have a clear criminal and credit record. Capitec Bank is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.
How to Apply:
If you’re passionate about service and want to join a dynamic team, click on the link below to apply:
Don’t miss out on this exciting opportunity to join Capitec Bank’s team!
⚠️ Important Notice: Job links on this website may expire after the closing date. We advise all job seekers to verify the job's status before applying, as we are not liable for applications submitted to expired listings.
Leave a Reply