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Recoveries Manager - eThekwini

New World Personnel Consultants

We have a position for a Recoveries Manager based in Durban for one of our big financial clients. Job Purpose: Managing the Recoveries team to ensure that the desired targets are achieved and maintained, and relevant legal processes are finalized within the prescribed time limits. Monitor Properties in Possession, Recovery of shortfall matters/losses (Recoverable - & Bad Debt), Sell Assist & Private offers with losses, Recovery of Quick Cash, Recovery of Personal loan arrears & monitor outsourced collection of 3rd Parties so as to expertly and cost effectively reduce losses and increase cash flow whilst reducing the Bad Debt provisions. Ensuring company adherence/compliance to relevant legislation including company/shareholders policies and processes. Key Responsibilities A. Ensure that the collection targets and/or goals in terms of the Recoveries Team are achieved and maintained. • Monitor the consultants to ensure that the team achieves all targets set by follow up of individual performance targets. • Supervise the individuals closely/daily for non - performance regarding target achievement. Motivate team for achievement of targets. • Sign off all client arrangements in line with mandates set by the company. • Manage and lead a team of consultants to achieve agreed targets or goals. • Identify and Implement Key Performance Factors for the team, which must be measurable. • Adherence to internal processes and accuracy • Ensure policies & processes are constantly updated Requirements Minimum Qualification: •Matric, 1-year Paralegal Diploma Preferred •Legal degree/ BCom degree Minimum Experience: •2 Years of supervisory experience in the conveyancing and debt recovery sector/banking experience. Preferred Experience: •More than 2 years supervisory experience in conveyancing & debt recovery sector in the home loan industry Salary market related. Apply Now
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