Job Description

Job Summary 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 debtors 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 xc5x93Pay by Arrangementxc2x9d 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 banks Asset Finance division.TalentCruRecruiter

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