Jobs

    Senior Legal Coordinator - Sandton, South Africa - TalentCru

    TalentCru
    TalentCru Sandton, South Africa

    19 hours ago

    talentCRU background
    Description

    We have an exciting opportunity for a Senior Legal Advisor for our client in the banking sector, to initiate all proceedings to minimize bad debt.

    • LLB degree.
    • Must an admitted attorney.
    • Work experience in a Banking environment.
    • Understanding and exposure to Magistrate /High Court litigation
    • Able to train and guide supporting staff and good time management skills.
    • Proficient in law of contract, law of cession, evidence, insolvency and civil procedure.
    • Knowledge of consumer protection obligations.
    • Excellent understanding of debtor's accounts, (specifically rental lease agreements).
    • Knowledge of the legal process / insolvencies and all Acts surrounding the collection of debts
    • Assist with all defended matters - prepare for trial and represent the Bank / Company in court as witness in defended matters.
    • Attend to settlement negotiations on legal matters.
    • Attend meetings with clients and / or attorneys.
    • Manage all Rental Legal Accounts in conjunction with the relevant parties, in a manner which ensures maximum recovery to the Bank in the shortest possible time frame.
    • Manage and monitor all legal accounts handled by the bank and their attorney(s).
    • Decide on action to be instituted, strategy to follow, whether to terminate, to sue for damages, specific performance etc.
    • Monitor insolvencies-liquidations, sequestrations, business rescue, curatorship etc. Submit claims, sign affidavits, monitor dividend payments, check liquidation and distribution account for possible undue preference or dispositions, call for advanced dividends etc.
    • Manage own non-performing book effectively.
    • Draft, where necessary, ancillary and supporting agreements, negotiate and monitor the "Pay by Arrangement" accounts.
    • Explore, pursue and realize all avenues of recovery to maximum benefit to the Bank.
    • Manage and contain all internal external costs associated with the collection of outstanding agreements.
    • Assist with impairments and other reports required relative to the Rental Legal Book and present at relevant managerial meetings.
    • Recommend write offs after all avenues of recovery have been exhausted.
    • Provide ad hoc legal advice to the business specifically with regards to the bank's Asset Finance division.
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