Collections Head

Description

• Defines, develops and oversees the end to end collections function in the business unit and drives the collections strategy and synergies Manage and control pre-legal and legal recovery operations for FNB Botswana, to minimise provisions and maintain arrears at acceptable levels May interact with other departments with regard to credit strategy and manages a department of staff or areas

Duties

• Ensure maintenance of loss provisions within agreed business strategy parameters to ensure receipt of proceeds to minimise losses and maximise profits
• Reduce the age of the arrears, book to lower NPL ratio within risk appetite for optimal risk management
• Manage the arrears and collections processes to ensure effective management of loan book of the bank whilst solving for customer excellence
• Evaluate and authorize provisions and write-offs within discretionary limits of delegated authority to ensure the most optimal recovery of funds, and refer those outside authority limits to the applicable committees
• Manage a team of dynamic individuals to be engaged and function optimally in an environment that is dynamic and ensuring growth and continuous improvement

Requisites

• Have a Degree in Accounting/Finance/Business or Law
• Management courses completed will be an advantage
• Have 5 to 8 years of experience in banking, credit and/or collections space in a senior role

Notes

• Only shortlisted applicants will be contacted
• All appointments will be made in line with FirstRand Group’s Employment Equity plan
• The Bank supports the recruitment and advancement of individuals with disabilities
• In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis
• The Bank will keep this information confidential unless we are required by law to disclose this information to other parties