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ASSISTANT: MONITORING & ARREAR MANAGEMENT (FTC - 6 MONTHS) (EASTERN CAPE)   DETAILS

JOB NAME

Assistant: Monitoring & Arrear Management (FTC - 6 Months) (Eastern Cape)


POSTED BY: Land & Agricultural Development Bank
REF:LBAF 29
Date Published:Friday, January 29, 2021
Date of Expiration:Wednesday, July 28, 2021 EXPIRED
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LOCATION OF THIS JOB
 South Africa |  EASTERN CAPE in South Africa
INDUSTRY
DEVELOPMENT FINANCE INSTITUTIONS
JOB TYPE
Contract
MAIN JOB DESCRIPTION
Closing Date 2021/02/05
Reference Number LAN210128-1
Job Title Assistant: Monitoring & Arrear Management (FTC - 6 Months) (Eastern Cape)
Division Portfolio Management Services
Unit Portfolio Management Services
Job Type Classification Contract
Location - Country South Africa
Location - Province Eastern Cape
Location - Town / City East London

JOB ADVERT SUMMARY
The Land and Agricultural Development Bank of South Africa (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 proactively monitor the credit health and risk on assigned portfolio of client accounts with exposures of R1 million and less; in terms of the loan agreements and provide regular reporting on the overall performance of the portfolio.
2. To undertake the execution of the risk and loss mitigation strategies throughout the loan monitoring and arrear management value chain in an effort improve the quality of the book, thereby reducing the account flows to underperforming and non performing statuses
3. To ultimately deliver on the Portfolio Management Services vision of being the world class monitoring and arrear management environment by implementing industry best practice strategies through execution of the optimised processes and procedures.

Key Performance Areas
1. Proactive Portfolio Monitoring Management
2. Proactive Arrears and Default Management
3. Record Management and Reporting
REQUIREMENTS FOR THIS JOB
PREFERRED MINIMUM EDUCATION AND EXPERIENCE
1. 3 year Bachelor degree/or advance diploma
2. 1 - 3 working experience in:
1) Banking
2) Account Management / Client portfolio management
3) Debt recovery /Collections
4) Business / Credit Analysis
5) Financial Analysis/Spreading

Critical Competencies
1. Advanced Microsoft Office
2. Business Acumen
3. SAP Knowledge
4. Relevant Legislation Financial
5. Accounting Principles Portfolio Management

ADDITIONAL REQUIREMENTS
1. Knowledge of the Land Bank Act
2. Knowledge of the PFMA
3. Knowledge/Experience of the Business Environment Sound knowledge and understanding of the legislation and regulations inclusive of legislative and regulatory bodies within a specific environment
4. Travel as and when required.
5. Extended hours as and when required.


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