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Secondments

SENIOR LEGAL ADVISOR: RECOVERIES & INSOLVENCY

Secondments

  • R Undisclosed
  • Permanent Senior position
  • Centurion
  • Posted 10 Jul 2025 by Secondments
  • Expires in 32 days
  • Job 2616430
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About the position

Job purpose:

To create and manage an end-to-end legal recoveries capability that is recognised as a valuable and strategic the business of the Bank. The function should maximise cost effective recoveries thereby supporting the Banking and Risk Divisions and contributing to minimising financial loss and mitigating risk on behalf of the Company.

Key Performance Areas

Strategy development and overseeing the legal recovery process including insolvency and debt collection

  • Manage various functions within Legal Recoveries in order to maximise cost effective recoveries.
  • Determine what right-off is appropriate and is in the best interest of the Company.
  • Comply with right-off processes and policies.
  • Manage and approve all outputs from the legal advisors and Specialists.
  • Manage and monitor the matters that are referred to attorneys and debt collectors
  • Monitor and evaluate the performance of the attorneys.
  • Ensure that effective risk controls have been identified and that a proper risk control assessment is in place and reviewed annually
  • Ensure that documented risks controls are operating effectively and if not that appropriate, corrective actions are taken
  • Ensure that business and reputational risks associated with third party relationships are mitigated through effective service level agreement and monitoring thereof.
  • Ensure that appropriate mandates are in place and reviewed annually
  • Ensure that policies are in place, aligned with the recoveries strategy and reviewed annually
  • Ensure that processes and procedures are documented, aligned with the recovery strategies and reviewed annually.
  • Ensure effective disposal of Bought in Properties by the Bank
  • Provide strategic leadership

Maintain stakeholder relations

  • Oversee and manage the flow of relevant information to best inform stakeholders as to the status of the portfolio or individual clients within the portfolio
  • Where appropriate generate feedback to stakeholders to improve future risk decisions and ensure past mistakes are prevented
  • Ensure stakeholder alignment and satisfaction utilising sound stakeholder management techniques
  • Maintain relationships with external service providers (attorneys; debt collectors, etc.) and handle their queries timeously.
  • Maintain relationships with clients.
  • Maintain relationships with the relevant government departments (DRDLR, DAAF, etc.)
  • Ensure good communication and reporting lines with branches.
  • Respond timeously to internal and external customer queries

Manage budgets

  • Make budget recommendations for the Legal Recoveries and Debt Collection unit.
  • Monitor expenses and ensure the cost effectiveness of the department.
  • Monitor costs of fees charged by attorneys

Manage information systems

  • Ensure the maintenance of the system.
  • Recommend enhancements on the system.
  • Monitor the monthly reports.
  • Analyse the information in the system

Manage land claims

  • Ensure recovery of money on properties subject to land claims.
  • Track all claims to ensure that maximum recovery takes place

Qualifications and Requirements

  • LLB or equivalent qualification.
  • Admission as an attorneys or admitted Advocate having served pupillage.
  • 7 years experience in legal recoveries / debt collection environment and litigation, preferably in a bank
  • 5 years management experience is preferable

Additional Requirements

  • Competency in English
  • In depth knowledge of the Companies Act, NCA, CPA, Company Act, and other relevant legislations

Desired Skills:

  • Financial Principles
  • Experience in restructuring of distressed accounts
  • Knowledge of risks and controls
  • Good understanding of legal practices in South Africa
  • Understanding of Insolvency legislation and practises in South Africa

Desired Work Experience:

  • 5 to 10 years

Desired Qualification Level:

  • Degree

Apply Now

Secondments

About the agency

Uniquely positioned to address your skills shortages, Secondments specialises in placing high-quality candidates in permanent, contract, project and interim management positions. We believe in creating synergy with our clients by building sound business relationships which enhance our understanding of their business and needs. Using a managed, controlled recruitment process, we are able to match the staffing needs of their organisations with suitably talented secondees. Our pool of professionals have a range of skills, both generic and specialist. These candidates, all of whom have verified education levels and experience, are available from two weeks to longer periods, depending on client needs. And if we do not have exactly the right fit for the role, we will source the best candidate. We are dedicated to providing a seamless, turnkey solution to ensure our clients get the right person, in terms of skill and integrity, at the right time to fulfil their organisational needs. Notwithstanding the name change due to the acquisition of Ernst & Young’s Advisory Secondments business to Secondments, the business has been in existence since 2003. The business was acquired as a going concern with the full staff complement, including all clients. This change broadens the scope of clients that Secondments can offer services to. Following a successful 13-year working relationship with Ernst & Young (EY), Siphiwe Dondolo, Jayson Theron and Carl Endenburg acquired the global audit and advisory firm’s secondment portfolio. Secondments started trading on 1 April 2015 with the full support of the EY Africa Executive Committee. Secondments works across South Africa, Africa, the United Kingdom, Ireland and the United Arab Emirates (UAE). We support our clients through a sophisticated talent pool of associates, working regularly with colleagues across international borders. Our candidates can assist in the finance, risk, IT/technology, human resources (HR), management consulting, operations and supply chain fields – across a number of sectors – including: • Financial Services (Banking, Insurance and Private Equity) • Oil and Gas • Construction • Power and Utilities • Public Sector and Government • Health • Mining and Metals • Consumer Products and Retail • Technology, Media and Telecommunications • Automotive Broad-Based Black Economic Empowerment (B-BBEE) Secondments is a 51% black-owned Level 2 B-BBEE organisation, one of the few specialist recruitment consultancies that are a true Level 2 B-BBEE provider. Eleven per cent (11%) of our company is now in the hands of a Black Ownership Trust, making a real difference to previously disadvantaged individuals. We opted for this in the belief that it would make a significant impact rather than benefit a select few. We are determined not to pay mere lip service to Black Economic Empowerment (BEE). Our Managing Director (MD), Siphiwe Dondolo, owns 40% of the business and was with EY for 9 years prior to moving over to Secondments as a shareholder and as the MD. OUR SERVICES As Secondments, we are confident we have the right combination of people, methodology, best practices and technologies to ensure we deliver seamless, efficient and effective services. These are based on a solid foundation of integrity, excellence, professionalism, best practice and value – delivered to both clients and candidates. Client services We offer the full- service of strategic talent matching ,namely: Permanent placements Executive Search Contract placements Temporary Employment Services Project Placements Interim management position placements Executive Search Our specialised service offerings have evolved in response to our clients’ unique needs for a strategic,customisable,Executive recruitment service whose delivery is executed with excellence in mind throughout the process. Leveraging off our unique networks within the Executive landscape to tap into passive candidates,our experienced recruitment team and proven track record in the industry we are best positioned to assist our clients to fill key positions in the most timeous, professional and efficient manner. Temporary contract staff work under the supervision and direction of our clients. Secondments manages them from a planning, HR, payroll and industrial relations perspective, however, freeing clients from time-consuming administration.

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