MAIN PURPOSE OF THE JOB
To provide legal advice, legal opinions and solutions to business units and branches. To support GM: Insolvencies & Recoveries in monitoring performance of Specialist Insolvency & Recoveries and Specialist: Debt Collection & BIP by ensuring reports, record keeping and AMS are up to date. To manage legal risks of the bank. To manage the legal recoveries process as well as external service providers performance. To draft and vet various types of agreements pertaining to the legal recovery process.
Key Performance Areas
Management of legal recovery process
Responsible to manage legal recovery process within area of allocated responsibility
Acts on instruction from the business to commence with legal action
Assesses the recoverability of the debt and makes recommendations on the action to be taken and ensure best possible legal solution.
Collate and analyse all relevant information in relation to the account including security information received from the business
Issue a Letter of Demand as and when is required
Monitoring compliance with Land Bank Act and other applicable legislation
Monitor compliance with Land Bank Act and other legislations that may affect the Bank and recommend solutions
Proactive awareness of new legislation and that may impact the Bank's business and provide advise
Management of external Service Providers
Management of panel of attorneys in terms of giving them instructions and subsequent communication
Manage delivery of outsourced work and ensure compliance with SLA
Evaluate attorneys performance and make the required recommendations
Ensure protection of Bank interest in vetting Attorneys statements of accounts, to ensure that their tariff is in accordance with the prescribed fee arrangement, as set out in the SLA.
Review and Development of Policies and Procedures
Identify loopholes and make recommendations on policies and processes for service delivery
Monitoring and compliance to the policies and procedures and making recommendations in case of non-compliance.
Manage functional reporting of the Specialist Insolvency and Recoveries and Specialist: Debt Collection and BIP
Functionally manage the Specialist Insolvency and Recoveries and Specialist: Debt Collection and BIP members in their region
Monitor and report on recoveries, records keeping and AMS updates for their region
Aligning team with PMS counterparts in their Region and ensuring co-operative engagement with stakeholders and panel of attorneys
Ensuring that team complies with monthly rotation of all files on AMS diary system
Support Specialist Insolvency and Recoveries and Specialist: Debt Collection and BIP members in their region with legal advice, functional management and decision making
Manage Stakeholder relationship
Proactive building of internal relationships with all business units
Understanding operational business needs
Providing business solutions in area of expertise
Understanding internal client's areas of operation
Drafting and vetting of legal documents and general legal advice
Drafting/vetting and interpreting commercial agreements, including but not limited to Loan Agreements, Suretyships, Cessions, Mortgage Bonds, Notarial Bonds, settlement agreements, etc.
Attend to do research to build
Knowledge, interpretation and application of Commercial and Corporate Law.
Knowledge, interpretation, and application of relevant legislation including, Land Bank Act, National Credit Act, Trust Property Control Act, Insolvency Act, the Consumer Protection Act, etc.
Provide legal advice and the drafting of legal opinions on various issues affecting the business of the Bank.
Compile status reports on recovering matter from time to time.
Preferred Minimum Education and Experience
4 year LLB Degree or equivalent
3 years post admission experience
Critical Competencies
Financial Principles
Additional Requirements
Competency in English (Afrikaans an advantage)
In depth knowledge of the Companies Act, NCA, CPA, Land Bank Act, and other relevant legislations
Deadline:5th March,2026