RECOVERIES ANALYST – FNB (First National Bank), part of FirstRand Group

Most banks in Namibia require a diploma or degree in Finance, Accounting, Banking, or Business Administration. Professional certifications like ACCA, CIMA, or banking-specific qualifications from the Namibia University of Science and Technology (NUST) or Institute of Bankers strengthen your application. Experience in credit, collections, or risk management is often preferred.

You will analyze non-performing loan portfolios, develop recovery strategies, and negotiate repayment arrangements with defaulted customers. Daily tasks include preparing legal documentation for debt recovery, monitoring collection targets, and collaborating with legal teams on litigation cases. Reporting on recovery performance and portfolio trends to senior management is also central to the role.

Namibian banking culture emphasizes professionalism, punctuality, and strict adherence to regulatory compliance set by the Bank of Namibia. Hierarchical structures are common, with clear reporting lines and formal communication protocols. Work-life balance varies by department, but month-end and quarter-end periods typically demand longer hours to meet reporting deadlines.

With experience, you can advance to Senior Recoveries Analyst, Collections Manager, or Credit Risk Manager positions within FirstRand Group or other Namibian financial institutions. Some analysts transition into broader risk management, compliance, or legal roles. Continuous professional development and internal mobility programs at major banks support upward movement.

Standard benefits typically include medical aid contributions, pension or provident fund membership, and annual leave as prescribed by Namibian labour law. Many banks offer performance bonuses, study assistance for professional qualifications, and employee wellness programs. Specific packages vary by employer and employment level, so review individual offers carefully.

Monitor the FirstRand Namibia careers portal and professional networks like LinkedIn for vacancies. Tailor your CV to highlight analytical skills, credit knowledge, and any collections or legal experience. Employers prioritize candidates with strong numerical abilities, negotiation skills, integrity, and familiarity with Namibian credit legislation and the National Payment System.