Officer, Collateral Management
Attend to all aspects relating to credit documentation and routine related aspects for the Branches. Keep diary system to follow up on conditions of sanction and outstanding collateral items. Prepare, review and scrutinize Collateral documents required to ensure the Bank is properly secured for all lending. Perform other duties that may be assigned from time to time.
- Review sanction/corresponding authority from Credit Evaluation.
- Prepare client’s offer letter and supporting collateral documents.
- Follow up with Relationship Managers on the execution and submission of all collateral documents.
- Follow up with Relationship Managers on all outstanding collateral documents.
- Obtain confirmation from the relevant units/departments for security item requiring their inputs. e.g, legal confirmation from Legal dept. for Legal Mortgages, confirmation of insurance from SIIB etc.
- Provides reports on facility letters/loan agreements issued and returned.
- Follow up and ensure regularization of collateral documents by business.
- Follow up on receipt of original documents for transactions dealt in line with the Scanned Document Process.
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
- BSc Social Science or related field.
- Relevant professional certification can be an added advantage.
Experience
- 2-4years experience in the banking industry.
Behavioural Competencies:
- Producing Output
- Resolving Conflict
- Taking Action
- Team Working
- Upholding Standards
Technical Competencies:
- Asset Based Lending
- Mortgage Lending
- Risk Acceptance
- Risk Identification
- Risk Measurement