iMasFinance, an authorised financial services provider, invites applications for a 12-month Debt Recovery Learnership aimed at individuals seeking practical experience with an NQF Level 4 qualification. This opportunity offers hands-on exposure to key debt recovery functions including collections, legal handovers, portfolio management and stakeholder engagement.
Key Learning Areas include, but not limited to:
- Securing payment commitments from members in arrears
- Managing correspondence and queries related to collections
- Recording member information and collection activities
- Administering repossessions and legal processes
- Liaising with valuators, tracers, sheriffs and lien holders
- Supporting attorneys and debt collectors with portfolio and payment processing
- Maintaining professional relationships and reporting on progress
Eligibility Criteria:
- Grade 12 with Mathematics and/or Accounting
- Not currently employed or enrolled in any studies
- Open to previously disadvantaged youth
- Available to start in November 2025
Programme Details:
- Duration: 12 months
- Monthly allowance: R5,000
- Intake: Limited to 6 learners
- Start date: November 2025
Benefits of Participation
Engaging in the iMasFinance Debt Recovery Learnership offers several substantive advantages. Foremost, participants earn a formal, NQF-recognized qualification in debt recovery—an asset which enhances their credibility and competitiveness in the financial sector. The program is not merely theoretical; it immerses learners in practical settings within financial services and debt recovery, thereby equipping them with direct, workplace-relevant experience.
Furthermore, this learnership grants exposure to the legal and administrative frameworks underlying collections, knowledge vital for roles in finance, credit, risk management, and customer service. The program also facilitates valuable professional networking; participants interact with valuators, legal practitioners, and collections agents, fostering relationships that may benefit future career development. Notably, the learnership is paid—a stipend is provided—removing the financial barrier that often accompanies unpaid internships.
Potential Challenges
It is important to acknowledge the demanding nature of debt recovery work. Participants must often negotiate with individuals facing significant financial distress, and the role requires navigating complex legal and compliance issues. The program enforces strict standards regarding attendance, performance, and ethics; accuracy, confidentiality, and adherence to legal protocols are non-negotiable.
Additionally, participants should be aware that completion of the learnership does not guarantee permanent employment. The primary value lies in the acquisition of skills, experience, and formal credentials that enhance employability.
Prospects for 2025
While current information pertains to the 2024–2025 cycle, there is reasonable cause to anticipate the continuation of similar opportunities in 2025, given the persistent need for youth skills development in financial services. Prospective applicants should monitor official communications from iMasFinance, consult relevant job portals and learnership databases, and ensure their documentation (such as Matric certificates and proof of unemployment) is readily available. Developing supplementary skills—such as proficiency in IT or customer service—may further strengthen an application.
HOW TO APPLY
Conclusion
In summary, the iMasFinance Debt Recovery Learnership presents a significant opportunity for unemployed individuals seeking to enter the financial services sector. Despite the challenges inherent in debt recovery, the benefits—both immediate (such as a stipend and practical experience) and long-term (including formal qualification and enhanced employability)—are substantial.
