Officer, Document Preparation - Collateral Job at Standard Bank

June 24, 2024 Business, Featured, Full-time

Officer, Document Preparation – Collateral Job at Standard Bank

Location: Jobs in Uganda 2023 – 2024
Work Hours: Full-time, 08 hours per day
Salary: UGX
No. of Vacancies: 01
Deadline: July 07, 2024
Hiring Organization: Standard Bank

Job Description:
The Officer, Document Preparation – Collateral, will contribute to the implementation of effective Credit Risk controls by focusing on risks encountered in the post-credit granting stage of the lending process. This role ensures that all collateral and legal documentation for banking facilities and advances are appropriate, applicable, consistent, valid, and enforceable. The goal is to secure assets and mitigate risks, minimizing financial losses.

Qualifications:

Minimum Qualifications:

Type of Qualification: Bachelor’s Degree in Legal Studies

Experience Required:

Credit Risk – BCB/PPB:
- 1-2 years of experience with home loans and lending is beneficial. Preferably with banking experience related to collateral documentation and processes.
- 1-2 years in Personal and Business banking provides exposure to credit risks, lending, and collateral processes.
- 3-4 years of understanding the bank’s products and facilities. Familiarity with the terms of the facilities and conditions required to manage legal risk effectively.

Responsibilities:

Verify that credit agreements contain no clauses placing the bank at undue risk.
Draft legally enforceable facility letters/loan agreements, ensuring all terms, conditions, and required collateral are incorporated.
Ensure compliance with relevant processes, procedures, and policies pertaining to Credit Collateral Operations.
Conduct regular audit checks to verify the validity and reliability of collateral information in the finance collateral system.
Register collateral documents/agreements promptly, addressing complications quickly to improve customer experience.

Additional Information:

Behavioral Competencies: