| JOB NAME |
Manager: Workout & Restructuring (Vryburg) [Vryburg]
POSTED BY: Land & Agricultural Development Bank
REF:LBAF 2033
Date Published:Wednesday, January 22, 2025
Date of Expiration:Monday, July 21, 2025
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| LOCATION OF THIS JOB |
 South Africa | VRYBURG in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Closing Date 2025/01/29
Reference Number LAN250121-6
Division Risk Management
Unit Risk Management
Job Type Classification Permanent
Location - Country South Africa
Location - Province North-West
Location - Town / City Vryburg
JOB ADVERT SUMMARY
(Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.
MAIN PURPOSE OF THE JOB
1. To find innovative commercial restructuring solutions for Corporate Banking clients identified as in need of a proactive intervention to mitigate risk and prevent or minimise losses.
2. To give technical expertise using the turnaround methodologies to develop, implement and monitor business rescue plan.
3. To manage the end-to-end process of identified distressed Corporate Banking clients.
KEY PERFORMANCE AREAS
1. Innovative restructuring solutions to Corporate accounts
2. Manage the implementation of the approved restructure of customer accounts
3. Monitoring and Evaluation of restructured customer accounts
4. Provide advisory services to internal and external stakeholders where required.
5. Record Keeping and Reporting
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| REQUIREMENTS FOR THIS JOB |
PREFERRED MINIMUM EDUCATION AND EXPERIENCE
3 years Business / Commercial Qualification (BCOM) or related fields
CRITICAL COMPETENCIES
1. Microsoft Office
2. Business Acumen
3. Legal procedures
4. Deal structuring
5. Turnarounds, workout and restructuring
6. Credit and Financial Analysis
7. Credit assessment / evaluation
ADDITIONAL REQUIREMENTS
1. Extensive travel as and when required.
2. Extended hours as and when required / Time management
3. Willing to work outdoors
4. Valid SA Driver’s License
5. Stress management
6. Role involves working on high profile, pressured situations which from time to time carry reputational risk for the Bank
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English 
FRENCH
