ABSA Vacancies – Estate Administrator

Website Absa Group Limited

Job Description:

To administer deceased estates ranking from normal to more complex estates which might involve Capital Gain Tax and Estate Duty.

Job Responsibilities:

  • On receipt of Letter of Executorship from the Master of the High Court; advertise (e.g. advertise in the local newspaper and Government Gazette) and for any debtors / creditors (section 29 notification) in respect of the estate late to submit their claims within thirty days of date of advertisement. cannot be transferred must be redeemed and it is dependable on the instructions from the heirs / cash shortfall on the estate.
  • Adhere to risk and compliance policies in terms of Environmental Health and Safety, Information Security, Records
  • Build and maintain a relationship with various stakeholders (i.e. valuators, auctioneers, attorneys, Master of the High Court, South African Revenue Service)
  • Management and Money Laundering, Sanctions etc. Non-adherence to Absa’s Policy & Procedures may lead to disciplinary action
  • Be knowledgeable on the Estate Administration Act, in order to comply with all the legal aspects in deceased estates.
  • Ensure that queries do not turn into complaints by addressing these within a period of twenty four hours.
  • Receive all relevant information as requested by the various stakeholders and start redeeming and transferring assets e.g. all assets in the name of the deceased which

Qualification & Experience:

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Job Details:

Company: Absa Group Limited

Vacancy Type:  Full Time

Job Location: Port Elizabeth, Eastern Cape, SA

Application Deadline: N/A

Apply Here

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