| JOB NAME |
Specialist: Monitoring & Arrear Management (FTC) 20 Months (East London)
POSTED BY: Land & Agricultural Development Bank
REF:LBAF 44
Date Published:Tuesday, May 11, 2021
Date of Expiration:Sunday, November 7, 2021 EXPIRED
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| LOCATION OF THIS JOB |
 South Africa | EAST LONDON in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Contract |
| MAIN JOB DESCRIPTION |
Reference Number LAN210507-5
Job Title Specialist: Monitoring & Arrear Management (FTC) 20 Months (East London)
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 maximise economic value through proactively monitoring the credit health and risk on assigned portfolio of Intermediaries/Clients portfolios/accounts in terms of the agreements (and associated policies) and regularly report on the status and quality of the Intermediary/Client portfolios/accounts for performance management information, reporting and decision making.
2. To focus on customer retention through rehabilitation of arrear agreements opposed to aggressive action, duly allocate funds received via Banking systems and ensure that the status of payments is correctly reflected on the Intermediary/Client accounts/portfolios.
3. To proactively and accurately maintain Intermediary/Client accounts/portfolios, trace clients using all tools available and regularly report on payment status and status of arrears accounts for management reporting.
KEY PERFORMANCE AREAS
1. Proactive Portfolio Monitoring Management
2. Proactive Arrears and Default Management
3. Drive and ensure adherence to the governance, risk & controls and management thereof in line with the Land Bank’s Risk & Compliance Framework
4. Manage Stakeholder Relationships
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| REQUIREMENTS FOR THIS JOB |
PREFERRED MINIMUM EDUCATION AND EXPERIENCE
Relevant NQF Level 7 or Advanced Diploma or Bachelor degree 5 years experience in:
1. Corporate Banking, and
2. Intermediary/Client Portfolio Management, and
3. Client Account Portfolio Management, and
4. Business, Credit, Risk and Financial Analysis
CRITICAL COMPETENCIES
Advanced Microsoft Office Business Acumen Financial Policies and Procedures Legislation and
Regulations Agricultural Economics and Value Chain
ADDITIONAL REQUIREMENTS
Required to work extended hours Required to travel as and when required
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English 
FRENCH
