Officer, Collateral Management at Stanbic IBTC Bank

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.

We are recruiting to fill the position below:

Job Title: Officer, Collateral Management

Job Ref ID: 80451689A-0001
Location: Walter Carrington Crescent, Lagos
Job type: Full time

Job Description

• 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.

Qualifications

• BSc Degree in Social Science or related fields
• Relevant professional certification can be an added advantage.

Experience:

• 2 - 4 years 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.

Application Closing Date
Not Specified. 

Method of Application
Interested and qualified candidates should:
Click here to apply online