Credit Recoveries Analyst

About the role

The Credit Recoveries Analyst will manage risk through cost‑effective legal recovery of bad debt exposures, working with third‑party service providers and internal stakeholders throughout the recoveries, legal and insolvency processes.

Key responsibilities

• Formulate and execute recovery strategies to maximise recoveries and limit impairments.
• Instruct panel attorneys, manage legal actions, and provide court‑required evidence.
• Handle claims, liquidations, sequestrations and ensure the bank’s asset interests are protected.
• Analyse client security positions and perform financial/non‑financial analysis to support recovery plans.
• Produce management information, report fraud‑related loss events and manage account diaries.
• Negotiate settlements within mandate, approve final settlements, and recommend write‑offs.
• Attend court, auctions, property visits and liaise with attorneys, insolvency practitioners and auctioneers.
• Monitor third‑party service providers, control fees and commissions, and optimise cash‑flow recovery.

Required profile

• Bachelor of Law degree or related Insolvency/Legal diploma.
• Minimum 3 years experience in credit, legal or insolvency functions.