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Cape Town

    Collections Manager - Cape Town, South Africa - Liquid Thought

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    Full time
    Description

    THE MAIN PURPOSE OF THE ROLE

    To drive daily operations and collections within the Team and engage with External debt collectors, Management of accounts, soft trace process, reconciliations, compliance of Service level agreements and reporting. The candidate must have good and strong leadership skills.

    JOB REQUIREMENTS

    • Grade 12
    • Business Diploma /Degree or Credit Management level 5
    • Experience in Collections preferably a call center set up.
    • Proficient in MS Office Packages i.e. Advanced Excel, Word, PowerPoint, and Outlook
    • Minimum 5 years of experience managing a collections team
    • Understanding Debicheck payments and collections system and rules
    • Understanding of alternative payment gateway partners and processes
    • Data Analysis Skills
    • Knowledge of the In-Duplum rule, the Prescription Act, the Debt Collectors Act and the National Credit Act
    • Experience in collections in Pay Day Loans / Micro-lending environment is an added advantage.
    • Experience with auto-dialler systems.

    SKILLS

    • Team Management
    • Hiring and on job training of team members
    • Team performance management
    • Attention to detail.
    • Ability to handle pressure.
    • Deadline/Target driven.
    • Excellent communication and writing skills.
    • Analytical skills
    • Planning skills
    • Problem-solving skills.
    • Reporting skills

    KEY PERFORMANCE AREAS

    • Portfolio Management. Understand the portfolio and drive collections through smart and strategic processes.
    • Optimise collections activities to ensure the business has sound liquidity and working capital.
    • Daily management and monitoring of performance against set forecast targets, utilising reports available and month-to-date performance.
    • Daily management of collections Campaigns through different channels
    • Compilation and distribution of daily collections reports to relevant stakeholders
    • Query process and consumer queries and escalations are managed and executed timeously.
    • Weekly management and reporting of collections activities status to Senior Management
    • Monthly EDC portfolio balancing process, which includes reconciliation of accounts, allocation and retraction of accounts, clean up, and movement of accounts to relevant buckets.
    • Ensure EDCs operate within the terms of the Service Level Agreement
    • Create Content Strategy for different Collections Tools (Script, SMS, IVM, AND/OR Emails, Messengers).
    • Regularly analyse key performance indicators (KPIs) and perform trend analysis to provide concise summaries and root-cause analysis of performance trends to senior management.

    REPORTS

    • Collections Forecast Report
    • Soft Trace Report
    • Debicheck Suspended accounts report.
    • Daily/weekly collections report
    • Agents Efficiency Reports
    • Compiling ad-hoc reports and additional project support
    • Providing input to monthly Reports

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