Overview
Recoveries Analyst Jobs in Johannesburg, Gauteng at FirstRand
Job Description
To manage a portfolio of accounts and deal with liquidators and attorneys, monitoring legal fees, may have supervisory responsibilities
Ensure Debt Recovery maximised due to effective analysis
Manage costs / expenses within approved budget to achieve cost efficiencies by monitoring legal fees payable to attorneys and liquidators
Deliver a sound Debt Recovery Management culture through awareness of campaigns to influence behaviour and drive the importance of compliance
Liaise with third parties i.e. Attorneys and Liquidators in a professional manner to maximise return on collections for the bank
Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders
Conduct risk grading of customer base by input of data into Regulatory Credit Risk reports and Credit Recovery Models to ensure minimising of risk to bank for future business
Comply with governance in terms of legislative and audit requirements
Predictive / Pricing / Profitability model building by Credit Recovery model construction and testing through monitoring and maintenance of collections and Credit Recovery model performance
Make accurate provisioning in terms of the Recoveries Detail Design and Asset assessments
Assess trends in recovery, security realization and liquidation dividends as a % of the business analyst’ portfolio and recommend corrective action to management
Review daily reports ensuring the business recovery debts are correctly addressed within the Bank’s policies, norms and standards
Manage personal development to increase own skills and competencies
Experience and Qualifications
2-3 years’ relevant credit experience
3 Year Qualification (Preferred)
Financial industry experience is advantageous
Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
24/05/25
All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
Title: Recoveries Analyst
Company: FirstRand
Location: Johannesburg, Gauteng
Category:
