Collateral Custodian Officer at Stanbic IBTC Plc

Stanbic IBTC - Effective risk management is fundamental to the business activities of the Standard Bank Group (group). While we remain committed to increasing shareholder value by developing and growing our business within our broad determined risk appetite, we are mindful of achieving this objective in line with the interests of all stakeholders.

We are currently recruiting for thhe position of:

Job Title: Collateral Custodian Officer

Main Purpose of the Job

• Attending to all aspects relating to collateral documentation and routine related aspects for the Branches.
• Accurate Filing and Maintaining of Collateral Documentation in Safe Custody

Problem solving

• Evaluate current processes and controls in order to address any shortcomings in the credit monitoring, management and mitigation processes.
• Effectively manages the priorities and activities of the Credit Collateral team by identifying key value leverage points and eliminating low value work.

Planning

• Planning is typically short-term, with flexibility being a strong requirement as planning may need to be adjusted often to meet changing business needs

Decision Making

• Apply banking acumen and sound common sense to the overall management of own duties
• Monitor changes in the operating environment, quick to act upon potential opportunities

Qualification

• Minimum of Diploma in a Collateral related field
• Understanding of the bank’s products and facilities. Understands the terms of the facilities, and the conditions that will need to be compiled with over the duration of the facility’s life to ensure that legal risk is effectively restricted.
• Computer literacy, risk management ability and problem solving
• Preferable to have banking experience, particularly pertaining to banking processes with regard to collateral documentation and the operation thereof.

Competencies

• Leadership abilities, providing encouragement and direction to the Credit Collateral team, and leading by example.
• Articulate and perceptive. Listens to other people, and clarifies their understanding of the issues. Defines requirements concisely and unambiguously, while pitching the conversation at the right level for the hearer.
• Works well with other contributors to the business process by sharing information and involving their input.
• Handles potential conflict situations tactfully, with respect for other parties involved, and fosters a climate of co-operation and trust.
• Work Pressure/Stress
• Attention to Detail
• Problem Solving
• Analysis and identification of technical and legal issues, and identification of most appropriate solutions. Organises and controls work efficiently.
• Follow Through
• Ensures that appropriate quality is delivered on time, and later evaluates the effectiveness of the initiative.
• Technical Competence
• Demonstrates the willingness and capacity to acquire the necessary level of technical competence/knowledge for the job.
• Customer Orientation
• Identifies and responds to customer needs, (e.g. Wholesale Banking, Credit Evaluation, etc) delivering high service relevant to the business’ strategy and operating conditions.
• Positiveness and Energy
• Future Orientation

Application Closing Date
22nd July, 2013

Method of Application
Qualified and Interested Candidates Should
Click Here To Apply Online