Overview
Manager: Legal Recoveries Jobs in Sandton, Gauteng, South Africa at Capitec Client Care
Title: Manager: Legal Recoveries
Company: Capitec Client Care
Location: Sandton, Gauteng, South Africa
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Date: 26 Mar 2025
Location: Sandton, GT, ZA
Company: Capitec Bank Ltd
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We’re on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:
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Once you have completed the above finalize your application by clicking apply below
Purpose Statement
To contribute towards maximising Stage 3 recoveries and impairment releases, and minimising Stage 3 recovery costs and impairment raises for Capitec Business and Capitec Rental Finance through:
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.
Experience
Minimum:
6 – 8 years in a banking / legal environment comprising of:
at least 2 years at a managerial level
and 3 years in a Collections / Recoveries environment
Experience in Insolvency practice
Ideal:
8+ years in a banking environment comprising of
2+ years at a managerial level, and 3+ years in a Collections / Recoveries space
Qualifications (Minimum)
Bachelor’s Degree in Commerce or Law
Qualifications (Ideal Or Preferred)
A relevant post-graduate qualification in Law or Business Administration
Knowledge
Minimum:
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
Deep knowledge of Insolvency principles / processes / policies / etc.
Ideal:
Management experience in Capitec Bank.
Experience in the same or a similar industry
EDC practice and experience
Skills
Analytical Skills
Attention to Detail
Computer Literacy (MS Word, MS Excel, MS Outlook)
Interpersonal & Relationship management Skills
Problem solving skills
Conditions of Employment
Clear criminal and credit record
Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.
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