Manager: Legal Recoveries

Apply by : 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: 1. To see what life at Capitec is all about and complete a short assessment, please click here! 2. Once you have completed the above finalize your application by clicking apply below. The role: Are you an experienced Legal Recoveries professional who knows how to turn complex recovery matters into commercially sound outcomes? We’re looking for an energetic, self-motivated Manager: Legal Recoveries to help drive our Legal Recoveries strategy across Capitec Business and Rental Finance. In this role, you’ll play an important part in maximising recoveries, supporting impairment releases and managing the effective progression of legal recovery processes across secured and unsecured non-performing loan portfolios. What you'll be doing You’ll be responsible for: Operationalising the Legal Recoveries strategy and stepping in for the Head: Legal Recoveries when required. Managing the initiation, progression and finalisation of legal recovery processes to optimise the realisation of collateral and recoveries. Managing recoveries across secured and unsecured Business Bank non-performing loan portfolios as well as Rental Finance. Setting and managing performance against Service Level Agreements and recovery targets for external service providers. Building strong relationships with External Debt Collectors (EDCs) and expanding the EDC network to support our recovery strategies. Managing stakeholders, portfolios and processes to support the reduction of non-performing loans. Applying sound governance, risk management and quality assurance principles across the Legal Recoveries environment. What you'll need Minimum experience 6–8 years’ experience within a banking and/or legal environment. At least 2 years’ management experience. At least 3 years’ experience within Collections and/or Recoveries. Practical experience in insolvency . Ideal experience 8+ years within banking or financial services. Strong exposure to legal recoveries within a commercial or business banking environment. Experience working with and managing External Debt Collectors (EDCs) . Experience within a similar banking or financial-services environment. Qualifications (Minimum) Bachelor's Degree in Commerce or Law Qualifications (Ideal or Preferred) A relevant post-graduate qualification in Law or Business Administration Knowledge that will set you up for success You should have a solid understanding of: Debt recovery and legal recovery processes Insolvency principles and processes Credit and corporate legislation Banking and financial services Secured and unsecured lending Collateral and the realisation of security Commercial and financial principles Governance and risk management Stakeholder and third-party performance management Data analytics and quality assurance Conditions of Employment Clear criminal and credit record Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.