Debt Account Manager
Debt Account Manager
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Job Description
Take charge as a Debt Account Manager and join a top South African financial services powerhouse based in Cape Town Northern Suburbs. You will spearhead the administration management and collection of debt on active and terminated contracts. Leverage your expertise in debt recovery to drive results foster innovation and ensure accountability. The successful candidate will be customercentric collaborative and actionoriented with strong financial acumen.
Responsibilities:
- Complete debt administration and recovery on terminated contracts
- Negotiate repayment agreements
- Institute claims against the estate of deceased/insolvent debtors
- Monitor and action all cases under followup
- Identify cases to be ceded/handed over to debt collectors
- Provide Cession/Hand over notifications to field management and debt collectors
- Compile recommendations for writeoffs
- Monitor and manage the Irrecoverable Bad Debt database
- Issue SARS letters as confirmation of debt repayment
- Manage the debitorder system
- Manage transfers between remuneration accounts
- Manage internet (EFT)/estate late/Forensic payments and reversals of deposits
- Monitor and handle cases received back from Debt Collectors
- Monitor and manage accounting collections
- Monitor cases handed to debt collectors in terms of risk management
- Report on cases handed over to debt collectors (Risk management)
- Provide Debt Collectors with sworn affidavits debt certificates and detailed statements.
- Manage small team of Debt Account managers
- Update terminated debt training material
Requirements:
- B Accounting / Law or equivalent degree
- A minimum 5 years experience in Debt recovery process environment
- At least 5 years experience in a similar role within Financial Services industry
- Knowledge of sales and distribution and debt management practices
- Must be updated with POPIA
- Knowledge of Debt Management and the Insurance sector
Please note if you have not heard from us in 2 weeks from application please consider yourself unsuccessful please do continue to follow us online and apply for suitable roles.
Required Experience:
Manager
Employment Type
Full Time
