Land Bank Agricultural Specialist: Workout & Restructuring Vacancy

Closing Date

2026/03/13

Reference Number

LAN260224-5

Job Title

Agricultural Specialist: Workout & Restructuring – (Head Office)

Division

Agricultural Economics and Advisory

Unit

Agricultural Economics

Job Type Classification

Permanent

Location

Country: South Africa

Province: Gauteng

City: Centurion

Job Advert Summary

The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africa’s only specialist agricultural bank, established in 1912. The bank’s sole objective is to serve South African commercial and emerging farmers by providing specially designed financial services.

These services enable farmers to finance land, equipment, asset improvements, and production credit. Land Bank also supports agri-businesses and continuously reviews its offerings to ensure alignment with industry needs.

As the agricultural sector has evolved, with new entrants from historically disadvantaged backgrounds entering the value chain, Land Bank has played a critical role in supporting sustainable agri-businesses. It provides appropriately structured financial products that promote personal and commercial viability in a sector vital to South Africa’s sustainability and economic well-being.

Main Purpose of the Job

• To develop innovative commercial restructuring solutions for banking clients requiring proactive intervention to mitigate risk and prevent or minimise losses.
• To provide technical expertise using turnaround methodologies to develop, implement, and monitor business rescue plans.
• To manage the full end-to-end process of identified distressed banking clients.

Key Performance Areas

1. Innovative Restructuring Solutions to Banking Accounts

• Manage a portfolio of banking clients transferred to the Workout and Restructuring Unit.
• Engage internal stakeholders (Banking, Credit, Legal, and Collections teams) to understand the client and their business.
• Conduct full diagnostic analysis and preliminary due diligence; recommend external due diligence where necessary and justifiable.
• Conduct research through engagement with stakeholders to determine long-term business and financial viability.
• Engage clients to assess urgency and report accordingly if critical intervention is required.

2. Manage Implementation of Approved Restructures

• Engage clients and relevant stakeholders regarding restructure outcomes.
• Negotiate equitable agreements aligned with the Bank’s interests.
• Gather required documentation for new agreements.
• Provide input into drafting loan, equity, and security agreements in collaboration with the Legal Team and in line with approved Credit Committee terms.
• Issue signed agreements to clients.

3. Monitoring and Evaluation of Restructured Accounts

• Monitor accounts within the portfolio to ensure turnaround objectives and conditions are met.
• Obtain and analyse management information from clients within prescribed timelines.
• Engage clients regarding performance variances and ensure action plans address negative gaps.
• Provide regular performance updates and represent accounts at governance structures (EXCO, Credit Committee, or Board).
• Provide client and portfolio data to the Finance Division for impairment calculations.

4. Advisory Services to Stakeholders

• Advise Collections and Banking teams on identifying accounts that require workout intervention.
• Contribute subject matter expertise to policy and procedure reviews.
• Support Banking team members in client meetings by providing expert opinions on restructuring matters.
• Attend internal and external forums as a turnaround and restructuring specialist when required.

5. Record Keeping and Reporting

• Ensure client information is managed in line with the Bank’s record management policy.
• Compile governance and management reports as required.
• Update relevant systems in collaboration with Client Administration.
• Provide trend reports on potential and active workout matters.
• Address audit findings and implement corrective actions.

Preferred Minimum Education and Experience

• 3-year Business / Agriculture / Commercial Qualification (BCom).
• 3–5 years’ banking experience, including:
  
  • Finance/Banking deal structuring
  • Primary agriculture
  • Structured trade and commodity finance
  • Strong financial and credit analysis
  • Business turnaround plan formulation
  • Evaluation of restructures or workouts
  • Managing distressed client turnarounds

Critical Competencies

• Microsoft Office
• Business Acumen
• Legal Procedures
• Deal Structuring
• Turnarounds, Workout and Restructuring
• Credit and Financial Analysis
• Credit Assessment / Evaluation

Additional Requirements

• Travel as required
• Ability to work extended hours when necessary
• Willingness to work outdoors
• Valid South African Driver’s License
• Strong stress and time management skills

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