Legal Advisor: Recoveries & Insolvency
- Location
- Gauteng
- Minimum qualification
- Bachelor's degree
- Closing date
First listed . Last checked at source .
In brief
**Overview** This role is for a Legal Advisor specializing in Recoveries & Insolvency at Land Bank Careers. The position involves providing comprehensive legal advice, opinions, and solutions to various business units and branches, with a primary focus on managing the legal recovery process and insolvency matters. The incumbent will support the General Manager of Insolvencies & Recoveries in monitoring specialist performance, ensuring accurate reporting, and managing the bank's legal risks. The role also encompasses overseeing external legal service providers and drafting and vetting relevant legal agreements. **What you will do** * Provide legal advice, opinions, and solutions to business units and branches. * Support the General Manager: Insolvencies & Recoveries by monitoring the performance of Specialist Insolvency & Recoveries and Specialist: Debt Collection & BIP, ensuring reports, record-keeping, and the AMS are up to date. * Manage the legal risks of the bank. * Oversee the legal recoveries process and the performance of external service providers. * Draft and vet various agreements pertaining to the legal recovery process, including Loan Agreements, Suretyships, Cessions, Mortgage Bonds, Notarial Bonds, and settlement agreements. * Manage the legal recovery process within the allocated area of responsibility, acting on instructions to commence legal action. * Assess debt recoverability and recommend appropriate legal solutions. * Collate and analyze all relevant account and security information. * Issue Letters of Demand as required. * Appoint external attorneys to proceed with summons and review pleadings to ensure the Bank's claim is adequately addressed. * Manage the recovery process according to High Court and Magistrate Court Rules and the Legal Accounts Tracking System. * Compile reports on recoveries for management and various forums. * Monitor compliance with the Land Bank Act and other applicable legislation, recommending solutions and providing advice on new legislation. * Manage a panel of attorneys, providing instructions, ensuring SLA compliance, evaluating performance, and vetting their statements of accounts. * Identify loopholes and make recommendations for policies and processes related to service delivery, monitoring and ensuring compliance. * Functionally manage Specialist Insolvency and Recoveries and Specialist: Debt Collection and BIP members in their region, monitoring and reporting on recoveries, record-keeping, and AMS updates. * Align the team with Risk: Collections, Workout & Restructuring counterparts and ensure cooperative engagement with stakeholders and panel of attorneys. * Ensure the team complies with the monthly rotation of all files on the AMS diary system. * Proactively build internal relationships with business units and external relationships with attorneys, advocates, and bank clients. * Understand operational business needs and provide solutions in the area of expertise. * Conduct legal research and apply knowledge of Commercial, Corporate Law, and relevant legislation (Land Bank Act, National Credit Act, Trust Property Control Act, Insolvency Act, Consumer Protection Act). * Compile status reports on recovering matters. **Requirements (from the original advert)** * 4 year LLB Degree or equivalent * Admitted Attorney having served articles of clerkship or Admitted as an Advocate having served pupillage * Post admission experience as an attorney * Knowledge of Financial Principles * Ability to work extended hours as and when required * Ability to travel as and when required **Who should apply** This role is suited for an experienced legal professional who possesses a 4-year LLB Degree or equivalent and is an admitted Attorney (with articles) or Advocate (with pupillage), coupled with post-admission experience as an attorney. The ideal candidate will demonstrate strong expertise in managing legal recovery and insolvency processes, including debt assessment, initiating legal action, and navigating court procedures according to High Court and Magistrate Court Rules. They should have a deep understanding and ability to apply Commercial, Corporate Law, and specific legislation such as the Land Bank Act, National Credit Act, and Insolvency Act. The candidate must be proficient in drafting and vetting various commercial agreements, monitoring legal compliance, and developing policy improvements. Experience in managing external legal service providers, including performance evaluation and financial oversight, is essential. Furthermore, the role requires an individual capable of providing robust legal advice and opinions, managing legal risks, and fostering strong relationships with both internal business units and external legal and client stakeholders. Functional management skills to support junior specialists, monitor performance, and ensure accurate reporting and record-keeping are also required. Applicants must be prepared to work extended hours and travel as needed. **Deadline** 19th October, 2026 **Reference** Original posting: https://www.myjobmag.co.za/job/legal-advisor-recoveries-insolvency-land-bank-careers-2 Source: myjobmag
Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.
Job description
Before you apply
- Confirm the requirements and closing date on the original listing (myjobmag). SPANi lists vacancies from other sites and may not reflect last-minute changes.
- Legitimate employers do not charge application, registration or training fees.
- Don't send your ID or bank details before you have confirmed the employer is real.
Before you apply
- Read the full advert and confirm you meet the minimum requirements before applying.
- Tailor your CV headline and most recent experience to the job title and key skills.
- Note the closing date and reference number, and keep a copy of what you submit.
- Apply only through the employer or job board link — never pay to apply.