Head: Recoveries

Capitec Bank Ltd.; Cape Town; On-site; ZAR 800 000 - 1 000 000; Full time

Job summary

A leading financial institution in Cape Town seeks a strategic leader to develop and implement the Recoveries strategy. The ideal candidate will have over 10 years of management experience in a credit environment and proven ability to lead large teams. A Bachelor's Degree in Finance or Commerce is required, with an ideal preference for a Master's Degree in Business Administration. This role emphasizes effective leadership and alignment with organizational goals.

Qualifications

• 10+ years of management experience in a credit environment with responsibility for Recoveries.
• Proven experience using influence and relationships to achieve objectives.
• Expert knowledge of Recoveries and best practices.

Responsibilities

• Develop and implement the Recoveries strategy aligned with the organizational goals.
• Oversee the effective execution of the strategy through a comprehensive business plan.
• Provide effective leadership and management of the Recoveries department.

Skills

Communications Skills

Analytical Skills

Commercial Thinking Skills

Leadership Skills

Education

Bachelor's Degree in Finance or Commerce

Masters Degree in Business Administration

Job description

We're on the lookout for energetic, self‑motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2. Once you have completed the above, finalize your application by clicking apply below.

Purpose Statement

• Responsible for developing and implementing the Recoveries strategy as part of the broader BSC Divisional strategy, ensuring it supports and delivers the organisational goals.
• Ensure alignment of the Recoveries strategy with the overall Credit management strategy.
• Oversee the effective execution of the strategy through a comprehensive Recoveries business plan, providing effective leadership and management of the functions within the Recoveries department.

Experience

• 10yrs+ management experience in an increasingly senior roles in a credit environment with responsibility for Recoveries.
• Proven experience of using influence and relationships to drive and achieve objectives.
• Experience of managing large teams
• Experience of successfully leading, planning and managing Recoveries operations and initiatives
• Influencing and providing strategic input and regular exposure to Executive level engagement

Qualifications (Minimum)

• Bachelor's Degree in Finance or Commerce

Qualifications (Ideal or Preferred)

• Masters Degree in Business Administration

Knowledge

• Knowledge and experience of the Credit life cycle/value chain.
• Expert knowledge of Recoveries and recoveries best practice
• Commercial, business and financial principles and practices and acumen. Building and developing effective teams.
• Credit management systems.
• Governance and credit management principles
• Business products, processes, policies and systems
• Fundamental IT systems and data analysis
• Quality principles and practice
• Leadership, mentoring and coaching methods and practices.

Skills

• Communications Skills
• Analytical Skills
• Commercial Thinking Skills
• Leadership Skills

Conditions of Employment

• Clear criminal and credit record

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06