ROLE ACTIVITIES
Collateral Management and Loan Agreements
- Oversee the evaluation, documentation, and management of collateral assets and preparation of loan agreements;
- Ensure that collateral values are accurate and that the collateral meets all required standards.
2. Documentation and Agreements:
- Draft, review, and manage security documentation and loan agreements as per approved terms and conditions.
- Ensure all documentation is accurate, complete, and legally binding.
- Ensure regular review of collateral templates.
3. Perfection of Collateral and Uploading of Collateral values
- Ensure that all legal and procedural requirements for the perfection of collateral are met.
- Ensure the collateral values are captured/uploaded in the system for accurate collateral register
- Issue instructions to Conveyancers and ensure proper registration of collateral.
4. Conditions Precedent:
- Monitor and ensure that all loan terms and conditions precedent are met before the disbursement of credit.
- Coordinate with relevant departments and external parties to address any issues.
5. Insurance and Valuations:
- Manage and oversee insurance policies related to collateral.
- Ensure that all collateral valuations are current and accurately reflect market conditions.
6. Governance Committee:
- Serve as the Secretary for the Governance Committee, preparing agendas, and minutes, and facilitating meetings.
- Ensure that all forum decisions and actions are documented and followed up.
7. Reporting and Analysis:
- Prepare reports on collateral performance, documentation status, and compliance with requirements.
- Provide analysis and recommendations for improving collateral management practices.
8. Stakeholder Coordination:
- Liaise with legal advisors, appraisers, and other external parties to support collateral management and documentation processes.
- Coordinate with internal departments to ensure efficient execution of collateral-related activities.
QUALIFICATIONS & EXPERIENCE
- Bachelor’s degree in finance, business administration, accounting law, economics a related field;
- Professional certifications (e.g., CFA, CLL, or similar) or advanced degrees (e.g., MBA, LLM) are advantageous;
- 7 years of experience in credit collateral management, legal documentation, or a related field within the financial services industry.
- Proven experience in managing collateral, drafting legal agreements, and overseeing compliance.
Closing date: 31 December 2024