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Manager : Collections

Manager : Collections

Woolworths Financial ServicesWes-Kaap, South Africa
1 day ago
Job description

Overview

Effective management of Team Leaders to drive execution of key Risk Operations Collections strategies through a team of Collections agents. The execution will be on our outbound portfolio. Also give input to the development of future collection strategies, policies and procedures and understand industry trends to influence strategic approach. This includes a strong emphasis on leveraging digital engagement channels to enhance collections efficiency.

Responsibilities

Strategy and Procedures

  • Develop and implement operating plans in line with internal collection strategies, policies and procedures, legal and legislative norms and standards
  • Ensure compliance with Risk Operations operating plans and highlight operational risks and controls. Proactively take remediation action where necessary
  • Ensure effective execution of approved collection strategies, policies and procedures. Manage collections activities according to agreed performance measures, including operating plans and expense budgets
  • Effectively manage stakeholders within the business that directly impact the Performance of the business unit and ensure that the necessary operational controls are in place.

Operating Plan

  • Develop and implement operating plans in line with the overall business strategy and plans for the early-stage collection’s function
  • People plan developed and implemented in line with overall Risk ops People strategy
  • Policies, Procedures and Process

  • Ensure adherence to ABSA and WFS policies and procedures approved by the WFS Board.
  • Ensure compliance, highlight operational risks and controls, and proactively take relevant action.
  • Continuously seek improvements in collection processes, products and technology and manage the change process when improvements are implemented.
  • Targets

  • Set the day-to-day targets for the department and ensure the achievement of collection targets
  • Manage Collections activities in line with agreed performance measures and operating budgets.
  • Embed a high-performance culture, framework and review processes to achieve business targets.
  • Ensure effective and consistent communication throughout the team, encourage feedback and customer insight to enhance the overall collections experience
  • Stakeholder Engagement

  • Present monthly portfolio performance to relevant stakeholders. This includes producing accurate and timely communication reports and analysis on collection results and operational activities.
  • Leverage ABSA relationships as well as relevant external parties
  • Proactively share information and expertise with internal and external stakeholders
  • Staff and Talent Management

    Manage performance of staff according to WFS HR Policies, including

  • Set performance standards (Key Performance Areas, Key Performance Indicators)
  • Ensure performance measurements carried out correctly and regularly
  • Ensure skill and knowledge gaps are identified
  • Ensure training and development plans exist and are followed
  • Develop career paths
  • Motivating and leading the team
  • Qualifications and Experience

    Minimum Qualification

  • Degree / diploma in credit management or equivalent relevant experience
  • Experience Required

  • 2-5 years Call Centre Managerial in a Collections environment experience
  • Requirements

  • Strong Financial Services Collections Industry Knowledge
  • Proven Collections strategy execution knowledge
  • Proven track record in managing high performance collections teams
  • Strong leadership skills
  • Governance and Compliance
  • Customer Satisfaction knowledge
  • Customer treatment knowledge
  • Contact Centre / Call Centre
  • Fluency in Microsoft office suite
  • Analytical background will be advantageous
  • Industry relationships for insights to new initiatives
  • Proven Digital collections knowledge
  • Closing Date : 30 October 2025

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    Manager • Wes-Kaap, South Africa

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