Pre-Legal Collector

Description

• Pre-Legal Collector (NB07) Reporting to - Manager: Pre Legal Collections
• To manage portfolio for vehicle finance internally and externally within the legal fraternity; assist clients with rehabilitation options; general queries and perform general administration duties in order to minimize risk; maximize recoveries and protect the Bank’s interest

Duties

• Ability to structure problematic accounts
• Deal with external tracers and legal council in tracing of the debtors and/or assets
• Accountable for conducting tracing, locating, collections and repossession of Bank assets (vehicles) in accordance with legal processes
• Review accounts in default by doing reconciliations to determine the ageing of defaults and debtor’s ability to pay
• Contact debtors by a variety of means and establishing a relationship of trust to allow for repayments of debts by selecting and recommending a manageable payment schedule and recovery method
• Follow up with debtors who fail to fulfil their obligations and promises
• Explain legal requirements and obligations, obtain payment, establish payments, and renegotiate payments
• Maintain account records, including contacts, correspondence, payments, documents, and legal actions initiated or taken
• Gather and assemble necessary supporting documents
• Recommend actions to be taken for outstanding accounts; forward respective files and recommendations to supervisor for review and approval
• Updating of event management screens on the banking system
• Provide information and feedback to management if and when required. (Stock-listing, CRAM reports and feedback etc.)

Requisites

• Grade 12 (25 points), relevant qualification Diploma in Law, Credit, Banking and/or Finance
• The applicant must have at least here (3) years banking experience and/or collections experience and experience in dealing with vehicle and asset finance
• A sound knowledge of collections procedures and legal processes Computer Literacy
• Minimum BE (previously Code 08) Valid Driver’s License
• Abilities Requirements
• Attention to detail
• Client centricity
• Team player
• Time management
• Stress tolerance, flexibility, organized
• Good communication skills
• Willing to travel

Notes

• Only shortlisted applicants will be contacted
• Indicate the source of this job post: working.co.na
• Interested candidates should forward an updated Curriculum Vitae (CV), certified copies of qualifications and cover letter
• Please note that only shortlisted candidates will be contacted. (Affirmative Action Candidates are encouraged to apply)

How to Apply

1. Documentation

• Cover Letter
• Curriculum Vitae

2. Application

• Send your Documentation to Recruitment@Nedbank.com.na with the Subject line “Pre-Legal Collector”