Environmental & Social Due Diligence Managing Consultant (M&A) (Mid-Senior Level)

ERM; Johannesburg; On-site; ZAR 400 000 - 500 000; Full time

Job summary

An established industry player is seeking a dedicated Debt Review Specialist to help individuals navigate financial challenges. In this role, you will assess clients' financial situations, create tailored repayment plans, and facilitate the debt review process. Your expertise will be crucial in negotiating with creditors and ensuring compliance with the National Credit Act, while also providing clients with the education they need to maintain financial stability. This position offers a rewarding opportunity to make a significant impact in people's lives by guiding them toward financial recovery and empowerment.

Qualifications

• Experience in debt counseling or financial advisory roles is essential.
• Strong analytical and communication skills are crucial for success.

Responsibilities

• Conduct thorough assessments of clients' financial situations.
• Initiate and manage the debt review process with creditors.
• Educate clients about responsible financial practices.

Skills

Debt Counseling

Financial Advisory

Analytical Skills

Communication Skills

Empathy

Problem-Solving

Education

Experience in Debt Counseling

Knowledge of National Credit Act

Tools

Financial Software

Microsoft Office

Job description

As a Debt Review Specialist, your primary responsibility will be to assist individuals who are facing financial difficulties by assessing their financial situations and facilitating the debt review process.

Your role will involve evaluating debt, creating repayment plans, and guiding clients toward financial stability.

Key Responsibilities:

1. Client Assessment: Conduct thorough assessments of clients' financial situations, including reviewing income, expenses, and outstanding debts.
2. Debt Review Process: Initiate and manage the debt review process, which includes contacting creditors, negotiating repayment terms, and drafting debt repayment plans.
3. Financial Analysis: Analyze financial documents, credit reports, and other relevant information to determine the most suitable debt management strategy for each client.
4. Communication: Maintain open and effective communication with clients, creditors, and legal entities, providing updates on the debt review process and addressing client inquiries.
5. Compliance: Ensure compliance with all applicable laws and regulations governing debt review processes, such as the National Credit Act (NCA) in South Africa.
6. Documentation: Maintain accurate and comprehensive records of client interactions, agreements, and financial assessments.
7. Client Education: Educate clients about responsible financial practices and budgeting to prevent future financial difficulties.
8. Negotiation: Negotiate favorable terms with creditors to reduce interest rates, extend repayment periods, or settle debts when appropriate.

Qualifications:

1. Previous experience in debt counseling, financial advisory, or a similar role.
2. Knowledge of South African debt review regulations and the National Credit Act.
3. Strong analytical and problem-solving skills.
4. Excellent communication and interpersonal skills.
5. Empathy and the ability to work compassionately with clients facing financial challenges.
6. Proficiency in using financial software and Microsoft Office applications.

Debt Review Specialists play a critical role in helping individuals regain control of their financial situations. This position requires a strong commitment to ethics, a high level of discretion, and the ability to navigate complex financial negotiations.