Overview :
Our client in the financial services industry is looking to employ a a Collections & Recovery Portfolio Manager to maximise after cost collections on its portfolio through proactive, strategic, and operational oversight across the full credit lifecycle.
Minimum Requirements :
- Grade 12 / Matric
- Bachelor’s degree in Finance, Economics, Business Administration, Statistics, or a related field
- Proven experience in debt collections, financial analysis, or a similar role within the financial services industry
- Proficiency in data analysis tools and software such as Excel, SQL
Responsibilities : Collections Policy
Develop and maintain the collections policy in alignment with current best practices and strategic thinkingManagement of Collection Strategies
Oversee the design, continuous improvement, monitoring, and reporting of collection strategies, with the following objectives :Proactively prevent default among paying customers by identifying and engagingthose at risk of default
Minimize the roll-forward of early defaulters through targeted interventionMaximize activation of Non-Performing Loans (NPL) and write-off accounts (NPLWO) to optimize NPL net yieldEnsure timely and consistent allocation of accounts to appropriate collections channels including OBCC Servicing and Activations, Cybertrac, and EDC, aligned with receipting and activation targetsPerformance Monitoring of Operational Channels
Oversee performance across operational channels including Call Centres (CC), Digital Collections, External Debt Collectors (EDCs), and CybertracEstablish targets and service level agreements (SLAs) for each channelDevelop and maintain performance monitoring reports to track delivery against these targets and SLAsMonitor stock rotation and aging accounts to ensure operational momentum andcompliance with strategy timelines
Collaboration with Operational Channels for Segmented Treatments
Facilitate weekly performance reviews with Operational Leads, including performance vs targets, activation counts, and receipting trendsWork closely with operational teams to define tailored treatment strategies based on customer segmentation : Design digital communication campaigns across SMS, WhatsApp, email, and customer journey flowsCreate customized scripts and AI prompts for use in the contact centreSettlement Offer Management
Manage all customer settlement initiatives, including both structured and ad-hoc offersOwn and maintain the deals matrix that guides settlement offers on NPL-WO accountsDefine maximum allowable settlement mandatesApprove customer-initiated settlement offers within delegated authorityRegulatory and Policy Compliance
Ensure that all collection activities adhere to applicable laws, regulations, and internal company policiesReporting and Monitoring
Compile and present regular performance reports, including weekly CC performance reviews and monthly Manco packInvestigate variances in monthly performance and provide recommendations for corrective action#J-18808-Ljbffr