JOB SEEKERS
EMPLOYERS
JOBS QUICK-SEARCH
.net
.net developer
a+
abap
account manager
accountant
admin
administrator
analyst
architect
bookkeeper
business analyst
business intelligence
c#
call centre
ccna
cisco
cloud
cobol
consultant
delphi
desktop
desktop support
developer
engineer
finance
graduate
graduates
helpdesk
internship
it manager
it support
it technician
java
java developer
junior developer
legal
linux
manager
marketing
mcse
network
network administrator
oracle
personal assistant
php
php developer
programmer
project
project administrator
project manager
receptionist
sales
sap
secretary
security
sql
support
technical support
technician
test analyst
tester
web developer
NEWSLETTER
FOLLOW US
Legal Advisor: Recoveries andInsolvency
Job Ref
273481
Job Type
Permanent
Employer Type
Recruitment Agency
Date Added
28 Apr 2017
Expiry Date 12 Jun 2017
Expiry Date 12 Jun 2017
* There have been 5 applications to this job.
* This job has been viewed 3783 times.
Employer:
Datacentrix
Location:
South Africa
Salary:
Negotiable
Benefits:
Role details:
- - - - - - - - - - - - - -
Main Purpose of theJob To providelegal advice, legal opinions and solutions to business units and branches. To support GM:Insolvencies & Recoveries in monitoring performance of Specialist Insolvency & Recoveriesand Specialist: Debt Collection & BIP by ensuring reports, record keeping and AMS are up todate. To manage legal risks of the bank. To manage the legal recoveries and insolvencies process aswell as external service providers performance. To draft and vet various types of agreementspertaining to the legal recovery process.
Key PerformanceAreas
Management of legal recovery and insolvency process
Responsible to manage legal recovery process within area of allocatedresponsibility
Acts on instruction from the business to commence with legal actionand liquidation applications or claim submissions.
Assesses the recoverability ofthe debt and makes recommendations on the action to be taken
Ensure best possiblelegal solution.
Collate and analyze all relevant information in relation to theaccount including security information received from the business
Issue a Letterof Demand as and when is required
Appoint an external attorney to proceed withsummons or liquidation application or business rescue process.
Reviewsummons/pleadings and ensure that the Bank's claim is adequately dealt with in the court papers
Manage the recovery, liquidation or business rescue process as guided by the HighCourt and Magistrate Court Rules and in accordance to the Legal Accounts Tracking System
Compile reports on recoveries to management for presentation to various forums
Interact with portfolio monitoring department as and when required.
Monitoring compliance with the Bank Act and other applicable legislation
Monitor compliance with the Bank Act and other legislations that may affect the Bank andrecommend solutions
Proactive awareness of new legislation and that may impact theBank’s business and provide advice
Management of external Service Providers
Management of panel of attorneys in terms of giving them instructions and subsequentcommunication
Manage delivery of outsourced work and ensure compliance withSLA
Evaluate attorney’s performance and make the requiredrecommendations
Ensure protection of Bank interest in vetting Attorneys statementsof accounts, to ensure that their tariff is in accordance with the prescribed fee arrangement, asset out in the SLA.
Oversee and manage general administration of the system.
Review and Development of Policies and Procedures
Identify loopholes and makerecommendations on policies and processes for service delivery
Monitoring andcompliance to the policies and procedures and making recommendations in case of non-compliance.
Manage functional reporting of the Specialist Insolvency and Recoveries and Specialist: DebtCollection and BIP
Functionally manage the Specialist Insolvency and Recoveriesand Specialist: Debt Collection and BIP members in their region
Monitor and reporton recoveries, records keeping and AMS updates for their region
Aligning team withPMS counterparts in their Region and ensuring co-operative engagement with stakeholders and panel ofattorneys
Ensuring that team complies with monthly rotation of all files on AMSdiary system
Support Specialist Insolvency and Recoveries and Specialist: DebtCollection and BIP members in their region with legal advice, functional management and decisionmaking
Manage Stakeholder relationship
Proactive building of internalrelationships with all business units
Understanding operational business needs
Providing business solutions in area of expertise
Understandinginternal client’s areas of operation
Proactively building relationships withattorneys/advocates/bank clients, etc.
Build good working relationship with theteam
Drafting and vetting of legal documents and general legal advice
Drafting/vetting and interpreting commercial agreements, including but not limited to LoanAgreements, Suretyships, Cessions, Mortgage Bonds, Notarial Bonds, settlement agreements, etc.
Attend to do research to build
Knowledge, interpretation andapplication of Commercial and Corporate Law.
Knowledge, interpretation, andapplication of relevant legislation including, the Bank’s Act, National Credit Act, TrustProperty Control Act, Insolvency Act, the Consumer Protection Act, etc.
Providelegal advice and the drafting of legal opinions on various issues affecting the business of theBank.
Compile status reports on recovering matter from time to time.
Preferred Minimum Education andExperience
Qualified Admitted Attorney or Advocate with havingserved pupilage
4 year LLB Degree or equivalent
3 years Postadmission experience as an attorney experience
Experience in a banking environmentor practicing in a corporate commercial environment.
Having extensive exposure toinsolvency, business rescue, restructures and debt recovery.
Experience in afinancial services environment
CriticalCompetencies
FinancialPrinciples
Additional Requirements
SARIPA membership or relevant Insolvency Law Post Graduate Qualification would be anadvantage
If you fit this profile, please load your CV onthe Datacentrix website. To view more of Datacentrix IT jobs, go to www.datacentrix.co.za and click on‘Search Jobs'