BMW Financial Services Vacancies 2022 Apply For Junior Associate Jobs @ BMW Financial Services Careers Page |

Maximize monetary and vehicle recovery whilst minimizing cost on all accounts in the Legal portfolio. This position requires a self-directed individual to meet set targets related to the recoveries of monies and vehicles, as well as to ensure that the necessary legal processes are done to protect the interests of the Company in the context of outstanding retail debt on a monthly basis.
In addition, the resource is required to provide legal support services and assistance in all legal matters relating to BMW Financial Services. The function includes the responsibility for weighing up the relative costs and benefits of potential action; to make decisions readily and confidently; to take action and apply corrective measures when the situation demands it. To be involved in system changes and enhancements.

• Achieve the monthly monetary recovery target on the legal portfolio.
• Ensure that the volume of accounts worked on a daily/weekly/monthly basis is in line with target expectations.
• Prioritize first time resolution on customer and/or supplier queries to minimize re-work in the department.
• Identify and proposes changes to procedures that are deemed ineffective or weak to promote efficiency, compliance and a better working environment.
• Administer payments and invoices related to suppliers on a monthly basis.
• Attend to Credit Bureau queries upon interaction.
• Internal Control systems (ICS) – adherence to controls; active contribution to detect and mitigate process gaps.
• Identify and support implementation of automation / efficiencies / process optimization, in or affecting your area of responsibility.
• Any other task that management may necessitate in reaction to unexpected changes to our environment, greater business needs or to mitigate the vulnerability of the BMW Groups reputation or potential financial loss

• Relevant Tertiary Qualification in Law
• At least 3 years working experience in Collections environment.
• Previous experience in a VAF collection environment would be advantageous
• Previous experience managing processes related to insolvent/sequestrated/deceased estates required.
• Computer Literate (MS Office, Windows, SAP, BEAM, Collect Smart).