iMasFinance Debt Recovery Learnerships 2027: Apply With Grade 12 and Earn R6,000 Per Month
iMasFinance Debt Recovery Learnerships 2027: Apply With Grade 12 and Earn R6,000 Per Month
Are you an unemployed young South African looking for an opportunity to gain practical work experience in the financial services industry? iMasFinance Co-operative Limited is inviting applications for its Debt Recovery Learnership Programme for 2027, offering a monthly allowance of R6,000.
This 12-month learnership will give successful candidates valuable workplace experience in debt collection, financial administration, customer communication and debt recovery procedures.
The programme is based in Centurion, Gauteng, and is open to qualifying unemployed youth who have completed Grade 12 with Mathematics and/or Accounting.
Only six learners will be selected for this opportunity, making it important for interested applicants to submit their applications before the closing date of 11 November 2026.
iMasFinance Debt Recovery Learnership 2027 Overview
- Company: iMasFinance Co-operative Limited
- Programme: Debt Recovery Learnership
- Location: Centurion, Gauteng
- Industry: Financial Services
- Business Unit: Training Department
- Functional Area: Administration
- Contract Type: Fixed-term learnership
- Duration: 12 months
- Monthly Allowance: R6,000
- Number of Opportunities: 6
- Minimum Qualification: Grade 12 with Mathematics and/or Accounting
- Work Experience: Not required
- Programme Start Date: January 2027
- Date Advertised: 6 November 2026
- Closing Date: 11 November 2026
About the iMasFinance Debt Recovery Learnership Programme
The iMasFinance Debt Recovery Learnership is a structured training opportunity designed to help unemployed young people develop the knowledge and practical skills needed to work in the financial services sector.
Through this programme, learners will gain hands-on experience in debt recovery operations while working towards an NQF Level 4 qualification.
Debt recovery plays an important role in financial institutions because it helps organisations manage overdue accounts, maintain accurate financial records and assist customers in resolving outstanding payment obligations.
Participants will learn how these processes work in a professional environment, including how to communicate with customers, maintain records, handle collections and assist with legal debt recovery procedures.
The programme provides an opportunity to build workplace confidence and develop skills that may be useful when applying for future administrative, customer service and financial services positions.
Minimum Requirements for iMasFinance Learnerships 2027
Applicants interested in the Debt Recovery Learnership must meet the following eligibility requirements:
- Must have completed Grade 12 (Matric).
- Must have studied Mathematics and/or Accounting at school.
- Must currently be unemployed.
- Must not be registered for any other studies.
- Must be available to begin the learnership in January 2027.
- The programme is open to previously disadvantaged youth.
- Must be willing to participate in a 12-month training programme in Centurion, Gauteng.
Previous work experience is not listed as a requirement, making this opportunity suitable for qualifying young people who want to gain their first practical experience in the financial services industry.
What Will Learners Do During the Programme?
Successful applicants will receive training and practical exposure to various debt recovery activities.
1. Debt Collection and Payment Arrangements
Learners will gain experience in communicating with members who have overdue accounts and assisting with arrangements to settle outstanding balances.
Responsibilities may include:
- Contacting members regarding overdue payments.
- Securing payment commitments from members in arrears.
- Recording payment arrangements.
- Following up on outstanding commitments.
- Maintaining professional communication with members.
2. Financial Administration and Recordkeeping
Accurate administration is essential in debt recovery operations.
Learners will be trained to:
- Capture and update member information.
- Record debt collection activities.
- Manage correspondence relating to collections.
- Respond to queries concerning outstanding accounts.
- Maintain accurate administrative records.
3. Legal Debt Recovery Processes
The programme will also introduce learners to procedures followed when accounts require further recovery action.
Training will cover:
- Administration of repossession processes.
- Supporting legal handovers.
- Working with debt recovery documentation.
- Communicating with attorneys and debt collectors.
- Assisting with the administration of legal recovery matters.
4. Stakeholder Communication
Debt recovery departments work with several internal and external stakeholders.
Participants will gain exposure to communication with:
- Attorneys
- Debt collectors
- Valuators
- Tracers
- Sheriffs
- Lien holders
This experience will help learners understand the importance of professional communication, teamwork and accurate information sharing.
5. Portfolio Management and Reporting
Learners will also assist with the administration of debt recovery portfolios.
Activities may include:
- Monitoring collection progress.
- Supporting portfolio administration.
- Processing payment-related information.
- Maintaining records of recovery activities.
- Preparing progress reports.
- Supporting debt recovery teams with administrative tasks.
iMasFinance Learnership Monthly Allowance
Successful learners will receive a monthly allowance of R6,000 throughout the 12-month programme.
The allowance is intended to provide financial support to participants while they complete their training and workplace learning.
Benefits of Joining the iMasFinance Learnership
This programme presents several advantages for qualifying applicants who want to enter the financial services industry.
Practical work experience: Learners will gain exposure to everyday debt recovery and administrative activities in a professional financial services environment.
Industry-related training: The programme offers training aimed at an NQF Level 4 qualification.
Monthly financial support: Participants will receive an allowance of R6,000 per month during the programme.
Workplace skills development: Learners can improve their communication, administration, recordkeeping and problem-solving abilities.
Career preparation: The experience may strengthen future applications for positions in debt collection, credit administration, customer service and financial administration.
Completion of the learnership does not automatically guarantee permanent employment.
Documents Required When Applying
Applicants should prepare the following documents before submitting their applications:
- An updated Curriculum Vitae (CV).
- A copy of their South African identity document.
- A copy of their Grade 12 (Matric) certificate.
- Copies of any other relevant qualifications or certificates.
Ensure that your CV contains accurate contact information and that all uploaded documents are clear and readable.
Applicants should also make sure that their educational qualifications and personal details match the information provided in the online application.
How to Apply for iMasFinance Debt Recovery Learnerships 2027
Interested candidates must submit their applications through the official iMasFinance careers website.
Follow these steps:
- Visit the official iMasFinance careers portal.
- Look for the Debt Recovery Learnership opportunity.
- Read the full programme description and eligibility criteria.
- Complete the required online application details.
- Upload your updated CV, identity document, Matric certificate and other relevant qualifications.
- Review your information carefully before submitting your application.
- Submit your application before 11 November 2026.
Applicants are encouraged to apply early because only six learners will be selected.
Important Closing Date
The closing date for the iMasFinance Debt Recovery Learnership Programme is Wednesday, 11 November 2026.
Applications submitted after the deadline may not be considered.
The selected learners are expected to begin their 12-month programme in January 2027.
Important Information for Applicants
iMasFinance is an equal opportunity employer and considers its approved Employment Equity Plan and targets as part of the recruitment process, in line with applicable SETA requirements.
The organisation also actively supports the recruitment of persons with disabilities.
Applicants should note that:
- Only successful applicants will be contacted.
- Candidates who do not receive feedback within four weeks after the closing date should consider their applications unsuccessful.
- iMasFinance does not require applicants to pay recruitment fees.
- Applicants should be cautious of fraudulent recruitment advertisements circulated through social media, email and WhatsApp.
Never pay money to secure a learnership interview, training placement or job opportunity.
Frequently Asked Questions About iMasFinance Learnerships 2027
Can I apply with Grade 12?
Yes. Applicants must have Grade 12 with Mathematics and/or Accounting and must meet the remaining eligibility requirements.
Do I need previous work experience?
No previous work experience is specified as a requirement for this learnership.
How much will learners receive per month?
Successful participants will receive a monthly allowance of R6,000.
Where is the learnership located?
The programme is based in Centurion, Gauteng.
How long does the programme last?
The learnership runs for 12 months and is scheduled to begin in January 2027.
How many learners will be selected?
There are six available learnership opportunities.
Can currently employed applicants apply?
No. The advertised eligibility requirements state that applicants must be unemployed and not currently enrolled in studies.
When is the application closing date?
Applications close on 11 November 2026.
Final Thoughts
The iMasFinance Debt Recovery Learnership 2027 is an opportunity for qualifying unemployed South African youth to gain valuable experience in the financial services industry while receiving a monthly allowance of R6,000.
With structured training, practical exposure to debt recovery procedures and an NQF Level 4 qualification pathway, the programme can help participants develop skills relevant to future employment.
Candidates who meet the requirements and are available to start in January 2027 are encouraged to prepare their documents and submit their applications before 11 November 2026.
