Managing Director - Collections, Sandton– R 660 000 CTC

 

Recruiter:

Nolands Recruitment (Pty) Ltd

Job Ref:

JHB000600/BH

Date posted:

Monday, September 13, 2021

Location:

Johannesburg, South Africa

Salary:

R 600 000 CTC Annually


SUMMARY:
Based in Bryanston, this group at the top of their game with a focus on facilitating loans. Due to their growth, they require an MD: Collections to join the senior management team immediately

POSITION INFO:

The role will see you working closely with the CEO, COO & Chief of Legal of the group in generating & implementing collections strategies

 

Having knowledge of Sectional Title Act, Gated Communities, Sectional Title Ownership, Home Owner Associations, Bodies Corporate will have you with one foot in the door.

 

Minimum requirements:

Essential:

  • LLB / Bachelor of Laws
  • Minimum direct hands on collections experience with at least 5 years’ experience in a levy collections environment
  • Experience in managing staff
  • Possess intimate knowledge of collection processes in the community scheme levy debt collection environment, business rescue, liquidation & sequestration procedures & insurance industry knowledge
  • Knowledge of prescription & in duplum principles

Advantageous:

  • Debt collection qualifications
  • Membership/accreditation  of any debt collection bodies or associations
  • Knowledge of the legal concept of “Subrogation” within the insurance industry

 

Duties & responsibilities:

  • Develop collection strategies in line with the group’s overall debt collection strategic requirements;
  • Define relevant Key Performance Indicators for the team to achieve the overall collections & company strategies;
  • Support the Collections Manager to define operational objectives for the team;
  • Manage the timeous & accurate processing of payments to third party providers in line with standing contracts;
  • Review & approve all outgoing refunds;
  • Review matters that may carry risk & provide a risk mitigation strategy;
  • Review & sign-off on all insurer settlements;
  • Oversee contractual risk (per the agreement with MFRF) & develop appropriate risk mitigation strategies;
  • Ensure that sufficient vetted legal service providers are properly contracted & held accountable in terms of established & agreed performance matrices as entrenched in their contract;
  • Establish performance matrices for legal service providers; monitoring collection progress with regular reporting on collection statistics & reporting on deviations from agreed risk parameters;
  • Resolve complex & difficult collection matters & personally drive these matters to completion;
  • With the support of the Collections Manager, develop departmental resource structures to ensure that the team is running efficiently & effectively;
  • Continually assess the debt management system (levy debt collections) to ensure efficiency of the system & make recommendations for improvement;
  • Manage the overall relationship with the various collection attorneys;
  • Create & present meaningful reports for EXCO & MANCO

 

Competencies & attitudes:

  • Write meaningful & accurate executive reports.
  • Work with complexity & being solution orientated.
  • Quantitative & qualitative data analysis for improved management decision-making.
  • Self-starter
  • Good knowledge of levy debt collection & sectional title laws.
  • Has proven debt collection skills
  • Present to group EXCO and/or MANCO
  • Strong leadership
  • Rapport & influence.
  • Integrity.
  • Detail orientated
  • Effective communication skills.
  • Analytical & able to interpret complex information
  • Ability to work independently & in a team.
  • Ability to work remotely, with access to transport & cellular phone where & when required.

 

Remuneration & benefits:

  • R 600 000 – R 660 000 CTC
  • Ability to work remotely

 

Contact:

 

 

Nolands Recruitment is a subsidiary of Nolands Advisory Services Africa. This advertised opportunity is not for any company affiliated with Nolands

 

Please note: this is open to non-EE candidates

 

This opportunity applies to South African citizens. Non-South African citizens need not apply.

 

Only online applications will be considered & reviewed. If you have not been contacted within two (2) weeks of your application, please consider it unsuccessful. We will keep your profile on hand should a similar position come up in the future



 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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