Officer Collateral

Job Details
Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bank
Job Purpose

Attending to all aspects relating to collateral documentation and, more particularly, capturing and releasing of all collateral documentation on Model Bank System
Maintain and monitor diary system to follow up on collateral conditions of sanction and outstanding collateral items

Key Responsibilities/Accountabilities

Prepare receipts for inward collateral to business as required
Attend to all logging in of collateral documentation on Model Bank System
Attend to amendments on Model Bank System
Attend to temporary and permanent logging out of Collateral documentation on Model Bank System
Ensure that documents are to be lodged within agreed turnaround times
To attend to and investigate collateral queries’ and concerns for all customers
Provide all reports required for the collateral confirmation to be sent to business and the credit team
Daily

Receives and records all collateral documents in the relevant logbooks
Capturing and releasing of all collateral documentation on Model Bank system
Accurate Filing and Maintaining of Collateral Documentation in Safe Custody
Update Collateral system for new collateral logged in and for all collateral released

Weekly

Submit key measures to Johannesburg

Monthly

Collate all reports and logbooks for supervisor to check
Any other duty that may be assigned from time to time

SUCCESS INDICATORS

Satisfaction from all business units of high quality business support.
Improved performance ratings.
Improved/ satisfactory audit ratings.
No financial losses incurred as a result of collateral lapses.
Efficient end to end collateral process.

KEY PERFORMANCE MEASURES

Recording of documents are to be 100% accurate
Documents are to be filed within agreed turnaround times
Files/records to be kept up to date and to hand at all times
Timely communication and query response to customers and branches

IMPORTANT RELATIONSHIPS
Business units – Branch Managers, Relationship Managers, Customer Consultants, Business Bankers

Head, Credit CIB
Head, Credit PB
Head, Credit BB
Manager, Credit Legal

Preferred Qualification and Experience

Business Related Degree preferable.

Knowledge/Technical Skills/Expertise

Good knowledge of the bank’s internal processes and requirements with regard to security documentation and credit processes, specifically relating the custody of all facility letters/loan agreements/collateral documentation.
Knowledge of various legislative requirements, particularly as it pertains to credit agreements, loan documentation, legal processes, and the variety of collateral that may be used.

Apply via :

careers.peopleclick.eu.com

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