Thursday , April 18 2024

Investec Internship – Gauteng Recoveries Arrear Management Consultant

Website Investec

Job Description:

This opportunity entails managing arrears for Private Bank products and having full accountability of the book allocated for arrear management. This role will be based between the Sandton and Pretoria offices, so flexibility is required in terms of location.

Job Responsibilities:

  • Preparing Voluntary Surrender forms for return of Motor Vehicles
  • Running weekly excel reports for the team as required
  • Preparing and handing over matters to external attorneys on contingency Matters
  • Briefing legal consultants for client meetings
  • Meeting with Legal advisor and client
  • Meetings with consultants and clients to understand the reasons for the financial distress and to work on solutioning for amicable outcomes
  • Unpacking of aged matters with property and legal consultants
  • Preparing detailed memos and handover packs for internal Legal Consultants
  • Presenting to Credit for moratoriums, payment plans and settlement arrangements
  • Monthly reporting on impairments
  • Considering the collateral on aged deals, attending to new valuations and ensuring insurance cover is appropriately places
  • Ongoing negotiations, clear and concise documenting of arrangements and recordals of process
  • Drafting Section 129, Section 118 Letters and other NCA notices as required

Job Requirements:

  • Graduate or studying towards a Risk/Commerce qualification;
  • 1 to 2 years collection experience within a Recoveries environment preferrable;
  • Excel experience required;
  • Ability to understand financial documents, preparing credit minutes and presenting to credit would be ;beneficial
  • Strong client service experience required;

Job Details:

Company: Investec

Vacancy Type:  Full Time

Job Location: Sandton, Gauteng, SA

Application Deadline: N/A

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