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With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary To provide specialist advice and support in area of specialisation enabling the provision of sound legal consultation services.To proactively develop, maintain and expand a long-term profitable relationship with the Absa conveyancing Panel.
To ensure that agreed Service Level Agreements (SLA's) and compliance between the Panel Attorneys and Absa Home Loans are adhered to.
Financial Control
Daily compare and purify the outstanding commitment (unregistered home
loans book) to ensure profitable net growth through comparing the reporting from the
Attorney with the E4 report. Initiate action where necessary.
Ensure an acceptable registration turnaround time as determined by the Service Level
Agreement (normal bonds, further advances, and classified bonds. Compare the attorney report with the E4 report and take action to resolve any discrepancies.
Measure attorney performance through monitoring of scorecards. Errors on documents and outstanding documents must be communicated to and rectified by attorney promptly.
Develop and implement controls in this regard to ensure that rejection levels are kept to a minimum of 5% per month.
Stakeholder Management
Build and maintain relationships with attorneys through telephonic contact and/or a
physical visitation Programme compiled by the Attorney Consultant
Ensure effective SLA management and query/complaint resolution is logged on the
Customer Complaint Process (CCP) & keeping track of the responsibilities and feedback (following up with the relevant role-players, example Processing Centre, Attorneys, etc) until the query/complaint is resolved.
Timeously compile and submit accurate management information (MI) (for example
monthly forecast reports, performance reports, work in progress reports) to relevant the role players.
Make recommendations to the Head Office Team with regards to the selection
of the Conveyance Panel in accordance with guidelines provided by Head Office (Black
Economic Empowerment (BEE) status, financial soundness, etc)
Appoint successful attorney firms (as approved by Head Office) to the panel and / or remove nonperforming firms according to SLA requirements.
Process
Analyze and summaries all reports available from E4 monthly to determine
trends with regards to errors made by either the attorney or ABSA. Implement controls
in this regard to ensure that these errors do not occur again.
On a monthly basis, monitor the monthly bond instruction allocations per attorney firm in order to identify the top performing attorneys and ensure through transaction allocation that these attorneys will receive privilege allocation during the month to come.
Issue warning letters to all non-performing attorney firms as per scorecard ratings. Issue
follow-up communication to ensure improvement in both relationship and performance.
Assist the Production Unit with trend analysis regarding loans not taken up (NTUxe2x80x99s) and provide possible solutions to retain pipeline business.
Obtain annual regulatory and compliance information from attorneys regarding
mandates, guarantees, power of attorneys, etc)
Education
Bachelor Honours Degree: Law, Military Science and Security (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
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