Johannesburg: Legal Advisor: Recoveries & Insolvency

To support GM: Insolvencies & Recoveries in monitoring performance of Specialist Insolvency & Recoveries and Specialist: Debt Collection & BIP by ensuring reports, record keeping and AMS are up to date. To manage legal risks of the bank. To manage the legal recoveries process as well as external service providers performance. To draft and vet various types of agreements pertaining to the legal recovery process. Key Performance Areas Management of legal recovery process Responsible to manage legal recovery process within area of allocated responsibility Acts on instruction from the business to commence with legal action Assesses the recoverability of the debt and makes recommendations on the action to be taken and ensure best possible legal solution. Collate and analyse all relevant information in relation to the account including security information received from the business Issue a Letter of Demand as and when is required Monitoring compliance with the company Act and other applicable legislation Monitor compliance with the company Act and other legislations that may affect the Bank and recommend solutions Proactive awareness of new legislation and that may impact the Banks business and provide advise Management of external Service Providers Management of panel of attorneys in terms of giving them instructions and subsequent communication Manage delivery of outsourced work and ensure compliance with SLA Evaluate attorneys performance and make the required recommendations Ensure protection of Bank interest in vetting Attorneys statements of accounts, to ensure that their tariff is in accordance with the prescribed fee arrangement, as set out in the SLA Review and Development of Policies and Procedures Identify loopholes and make recommendations on policies and processes for service delivery Monitoring and compliance to the policies and procedures and making recommendations in case of non-compliance. Manage functional reporting of the Specialist Insolvency and Recoveries and Specialist: Debt Collection and BIP Functionally manage the Specialist Insolvency and Recoveries and Specialist: Debt Collection and BIP members in their region Monitor and report on recoveries, records keeping and AMS updates for their region Aligning team with PMS counterparts in their Region and ensuring co-operative engagement with stakeholders and panel of attorneys Ensuring that team complies with monthly rotation of all files on AMS diary system Support Specialist Insolvency and Recoveries and Specialist: Debt Collection and BIP members in their region with legal advice, functional management and decision making Manage Stakeholder relationship Proactive building of internal relationships with all business units Understanding operational business needs Providing business solutions in area of expertise Understanding internal clients areas of operation Drafting and vetting of legal documents and general legal advice Drafting/vetting and interpreting commercial agreements, including but not limited to Loan Agreements, Suretyships, Cessions, Mortgage Bonds, Notarial Bonds, settlement agreements, etc. Attend to do research to build Knowledge, interpretation and application of Commercial and Corporate Law. Knowledge, interpretation, and application of relevant legislation including, the company Act, National Credit Act, Trust Property Control Act, Insolvency Act, the Consumer Protection Act, etc. Provide legal advice and the drafting of legal opinions on various issues affecting the business of the Bank. Compile status reports on recovering matter from time to time. Preferred Minimum Education and Experience 4 year LLB Degree or equivalent 3 years post admission experience Critical Competencies Financial Principles Additional Requirements Competency in English (Afrikaans an advantage) In depth knowledge of the Companies Act, NCA, CPA, the company Act, and other relevant legislations