Collections Manager Job in Johannesburg
Job Description
Collections Manager Job. With a keen understanding of credit and collection principles, this managerial position is tasked with developing strategies to minimize delinquency rates and maximize revenue recovery. The Collections Manager leads a team of professionals, providing guidance and support to ensure timely and effective collections efforts while maintaining positive relationships with clients. Through meticulous planning and implementation of best practices, they contribute significantly to the financial health and stability of the organization.
Responsibilities of Collections Manager Job
- Managing the collections, credit, and risk portfolio to minimize credit losses i.e. relegations to Recoveries and improve cure rates, advising employers to get loan installments to improve profitability.
- Monitor and control costs within the approved budget limits to achieve operational efficiency.
- Managing the collections, credit, and risk portfolio to minimize credit losses i.e. relegations to Recoveries and improve cure rates, advising employers to get loan installments to improve profitability.
- Monitor and control costs within the approved budget limits to achieve operational efficiency.
- Ensure the reduction of loss to the Group and increase of revenue through collections and recovery.
- Manage costs/expenses within the approved budget to achieve cost efficiencies in the recovery campaigns.
- Develop a service culture that builds rewarding relationships, proposes innovations, and allows others to provide exceptional client service.
- Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SMEs, project managers, and senior staff members.
- Comply with governance in terms of legislative and audit requirements.
- Ensuring the best possible results are obtained from the Collections department through successful implementation of agreed campaigns.
- Plan and manage performance, skills development, employment equity, talent, and culture of the team in order to improve innovation and achieve efficiencies.
- Manage own development to increase own competencies.
Requirements
- Must be an admitted Attorney.
- Have at least 3 to 4 years post-admission experience.
- Experience in Insolvencies, deceased estates, litigation, and Property Transfers.
- People management experience is essential.
