Manager, Recoveries, BCB
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
To lead and manage the Recoveries and Rehabilitation function for Business and Commercial Banking (BCB) loan portfolios by executing the BCB credit recovery strategy.
- Execute the Business & Commercial Banking Recoveries and Rehabilitation strategy in alignment with overall BCB and Group Credit Risk objectives.
- Manage non-performing and distressed BCB loan portfolios including term loans overdrafts asset finance and structured facilities.
- Drive portfolio segmentation strategies (early arrears distressed legal rehabilitation) to maximise recoveries and client rehabilitation outcomes.
- Analyse portfolio trends risk indicators and recovery performance to proactively address emerging risks. Develop and implement sustainable rehabilitation solutions for viable BCB clients including restructuring rescheduling and workout arrangements.
- Ensure full compliance with credit policies recovery procedures regulatory requirements and governance standards.
- Lead coach and develop Recoveries & Rehabilitation team members through a hands-on performance-driven management approach.
- Build and maintain strong working relationships with BCB Relationship Managers Credit Risk Legal Collections Finance and Operations teams.
- Drive operational efficiencies through improved processes systems usage and data-driven decision-making Strategic & Portfolio Management
Qualifications :
- First Degree in Business Commerce Finance Accounting Banking or related field.
- Postgraduate qualification in Credit Risk Management Business Management or Law (Preferred).
- 710 years experience in banking with significant exposure to Business & Commercial Banking credit risk recoveries or restructuring
- Proven experience managing distressed loan portfolios restructurings and legal recoveries.
- Experience leading teams and managing senior internal and external stakeholders.
- Understanding of the products and services features benefits and pricing of the products and services on offer to the business across multiple business areas.
Additional Information :
Technical Competencies:
- Coaching and Mentoring
- Contact Centre Customer Relationship Management
- Managerial Budgeting
- Performance Management
- Product and Services Knowledge
- Risk Management
- Workflow Management
Behavioural Competencies:
- Developing Expertise
- Developing Strategies
- Embracing Change
- Empowering Individuals
- Interacting with People
- Interpreting Data
- Making Decisions
Remote Work :
No
Employment Type :
Full-time
Key Skills
About Company
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients ... View more
