Officer, VAF Legal at Standard Bank Group

JOB DESCRIPTION

To assume full responsibility and accountability of the individual’s portfolio of existing and future non-performing loan accounts in minimising the risk of loss to the Bank, to manage the legal portfolio and facilitate for the cost effective resolution of matters. Where the client has demonstrated an inability to commit to repayment of the instalments raised and/or meet future commitments arranged with the Bank, to proceed with the necessary legal action in order to secure the interest of the bank ensuring the age of the book is in line with the required time value of money.

QUALIFICATIONS

Minimum Qualifications:

• Matric
• Para-Legal Certificate / National Legal Diploma

Required Experience:

• 3 years’ experience in banking (Collections).
• 2 years general accounting experience to provide a broad based understanding of the various accounting principles.
• Sound and thorough knowledge of SBSA credit risk management policies and procedures.
• Sound knowledge of legal processes, civil and criminal.
• A good understanding of markets, market forces and business operations in different segments of the economy.

ADDITIONAL INFORMATION

Technical Competencies:

• Communication
• Customer Focus
• Team Orientation
• Relationship Management
• Leadership

Personal Competencies:

• Excellent written and verbal communication skills
• A sound understanding of estates and collections processes
• Ability to work effectively within a team
• Ability to work under pressure and in stressful situations
• Ability to properly run meetings and conduct negotiations
• Good networking skills