Job Purpose
To manage the credit documentation process for
facilities granted to customers by the bank and to ensure that all credit is
adequately and continually secured before disbursement and during the lifetime
of the facility. In addition to this, the role-holder will undertake any other
duty as assigned by the Manager – Credit Administration or Director- Credit
Risk Department.
Key Duties and Responsibilities
Securities Quality Assurance & Administration:
Receive documents from the disbursement officers and
validate the same to ensure conformity to set standard. Any deficiencies to be
highlighted and communicated to the relevant parties for remedial action to be
taken.
Maintain proper diaries to monitor compliance with
respect to renewable securities such as guarantees, valuation reports,
insurances, land rent and rates.
Follow up with branches and all business units to
ensure 100% compliance with respect to insurance renewals, payment of rent and
rates and revaluation of securities.
Facilitate release of securities in line with the
laid down procedures.
Update the securities register in T24 with new
securities and security release as well to ensure accurate record of security
details in the system.
Custodianship:
Filing security documents and other credit related
documents in a systematic manner to ensure ease of retrieval whenever need
arises.
Ensure safe custody of all securities documentation
in the designated holding areas/strong rooms
Control lodgment and withdrawal of securities
documentation from the designated holding areas/strong rooms
Ensure adherence to dual control system in accessing
the securities vault and other holding areas
Maintain a well updated securities movement register
Attend to queries relating to securities and
documentation such as request for copies of documents
Customer Service:
Respond to all queries relating to clearance of
facilities for drawdown and perfection of securities
Ensure prompt and precise respond to customer queries
via email and phone in line with set customer service standards.
Compliance & Policy Implementation:
Ensure compliance with internal policies and
procedures relating to lending and other areas that touch on day to day
operations.
Actively participate in all audit processes and
ensure the department achieves a satisfactory rating both in internal and
external audits.
Qualifications
Academic Background
Bachelor’s Degree in Commerce – Finance Option
Professional Course – Certified Public Accountant
(CPA) – Section 6
Work Experience
At least 2 years’ experience in advances securities,
lending, credit administration, debt management or any other area that involves
critical use of analytical skills within the bank.
Experience with NTSA operations and MPSR an added
advantage.
Skills and Competencies
Legislation:
familiarity with legislation governing perfection of securities and
requirements by regulating bodies
Technology skills: Computer literate with proficiency in MS Office.
Knowledge of Business Environment: Must understand local and global dynamics of the
business environments facing customers.
Results Oriented: Be able to have a personal drive to achieve set goals
enthusiastically
Personal Ethics: Must possess a high level of integrity.
Decisive and Independent: Ability to work independently, consult and clarify
where necessary and make informed decisions.
Interpersonal Skills; Excellent interpersonal skills, with the ability to
establish and develop relationships
Proactive Initiator: Must be pro-active, a self-starter and have the ability to
anticipate and advice on strengths, weaknesses, opportunities and threats.
Team work;
Ability to work through teams, deliver high quality work within deadlines, and
to meet team objectives
Communication Skills: Excellent communication skills both written and
oral, including the ability to convey ideas and positions clearly
How To Apply
