Team Lead, Collateral Preparations Job at Stanbic IBTC Bank Plc

Started by jobnavy, May 23, 2012, 09:01 PM

jobnavy

Job Title: Team Lead, Collateral Preparations

Job ID: 9029

Location: Nigeria

Company: Stanbic IBTC Bank Plc (a subsidiary of Standard Bank Group)

Sector: Banking and Finance

Position Description:

• Attending to all aspects relating to collateral documentation and routine related aspects for the Branches.  Keep diary system to follow up on conditions of sanction and outstanding collateral items.

• Assist in preparing Collateral documents against the supporting documents and articles held.

Key Responsibilities:

•   Preparation

•   Guarantees

•   Key Performance Meassures

Knowledge:

• Tertiary related qualification

• 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.

• Knowledge of various legislative requirements, particularly as it pertains to credit agreements, loan documentation, and the variety of lending mechanisms and types of collateral that may be used.

• Understanding of relevant registration processes.

• Understanding of the bank's internal controls and processes, specifically relating to the drafting, execution, management and custody of all facility letters / loan agreements / collateral documentation.

• Computer literacy, legal drafting skills, risk management ability and problem solving

Experience:

• 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

Remains organised and apply sound judgement, and keeps developing relationships whilst under pressure.

• Attention to Detail

Maintains attention to detail across the whole scope of work, and selectively focuses energy on most relevant and impactful issues.  Strives for high degree of accuracy.

How to Apply:

• Visit Standard Bank Nigeria Jobs Portal.

• Scroll down and enter the "Job ID" in the field provided named "Search by Job ID"

• Click on "Search".

Team Lead, Collateral Preparations Job