New Job Opportunity At Standard Bank Group

There is a new job Opportunity At Standard Bank Group. An Officer, Collateral is needed to join the company’s growing team.

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:

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.

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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.