Commercial Debt Recovery Specialist

Join a leading organization in the financial services sector, where your expertise in commercial debt recovery will directly impact business stability and growth. This is an excellent opportunity for a dedicated professional looking to make a tangible difference within a dynamic team focused on excellence and integrity.

Duties:

• Manage a portfolio of commercial and corporate debtors, including SMEs, private companies, close corporations, partnerships, trusts and larger corporate entities

• Drive recovery of high-value, aged, disputed and difficult-to-recover accounts

• Develop account-specific recovery strategies based on debtor circumstances, account history, risk and documentation

• Negotiate settlements, acknowledgements of debt and structured repayment arrangements within approved authority

• Monitor payment commitments and take decisive action where arrangements are not honoured

• Reconcile disputed accounts and coordinate resolution of legitimate queries affecting recovery

• Manage pre-legal, hard collections and legal recovery matters

• Assess accounts for legal escalation and prepare complete legal handover packs

• Liaise with attorneys, sheriffs, liquidators, trustees, business rescue practitioners and other recovery stakeholders

• Monitor litigation, judgments, enforcement actions and claims in liquidation, insolvency and business rescue proceedings

• Identify accounts approaching prescription and escalate appropriately

• Conduct debtor tracing and commercial investigations using authorised systems, CIPC records, credit bureau information and tracing tools

• Investigate debtor trading status, ownership structures, directorships, addresses, assets and related entities

• Analyse financial statements, bank statements, payment history and other data to assess collectability

• Prioritise accounts according to value, ageing, risk, prescription exposure and recovery potential

• Maintain accurate collection records, forecasts, portfolio reports and audit trails

• Ensure all recovery activities comply with relevant legislation, contractual requirements, company policies and approved mandates

Requirements:

• Grade 12/Matric

• Registration with the Council for Debt Collectors

• At least five years' experience in commercial or B2B debt collection

• Proven experience managing high-value, aged and complex debtor portfolios

• Strong negotiation and management skills

• Proficiency in Excel

Familiarity with the following:

• Commercial tracing tools and credit bureau information

• Legal processes related to debt recovery

What We'll Give You:

• The opportunity to work on a challenging and rewarding portfolio

• A supportive work environment committed to professional growth

• Competitive remuneration (salary details not disclosed)