Officer, Collateral at Standard Bank Group

About The Job

Job Description

• To contribute to the implementation of adequate Credit Risk controls specifically focusing on risks encountered in the post-credit granting stage of the lending process by maintaining the appropriateness, applicability, consistency, validity, & enforceability of collateral verifying that all collateral & legal documentation in respect of banking facilities & advances granted have been obtained are in legal order & properly housed to secure assets & mitigate risks minimising financial losses.

Qualifications:
Minimum QualificationsType of Qualification: 

• Land Economy
• Real Estate
• Experience Required 1-2 years
• Exposure to various legislative requirements, particularly as it pertains to credit agreements, loan documentation, & the variety of lending mechanisms & types of collateral that may be used. 
• Understanding of relevant registration processes & the bank's internal controls & processes, specifically relating to the drafting, execution, management & custody of all facility letters/loan agreements/collateral documentation.
• Understanding of the bank's products and facilities. 
• Understand 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.

Additional Information
Competencies:

• Interpreting Data
• Making Decisions
• Directing People
• Empowering Individuals
• Resolving Conflict
• Understanding People
• Meeting Timescales
• Following Procedures
• Upholding Standards
• Pursuing Goals

Loan Assessment & Approval:

• Loan Processing
• Risk Acceptance
• Risk Measurement
• Risk Identification
• Contract Management
• Mortgage Lending
• Asset Based Lending
• Producing Output
• Checking Details