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Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. “Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the prim...
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JOB DESCRIPTION
To assume full responsibility and accountability to Group Shared Services by delivering prompt, efficient service in the logging in and out of collateral documentation on the Security Management System (SMS). To ensure that accurate instructions are forwarded to attorneys in respect of Continuing Covering Mortgage Bond (CCMB) and constant follow up on all relevant aspects to minimise any losses and/or risks to the organisation. To monitor & control the inward collateral documents from the different Points of Representation (POR’s). To prepare all collateral and / Performance Bonds / Property guarantees. To record, maintain and house all collateral documents and performance bonds. To scan all documents to E view (internal system). To pay out property guarantees. To validate and accurately prepare collateral documentation in set turnaround time to assist with clients’ credit facilities. Capture of all information on lean screens accurately. Where mandate is held, ensure that all work is checked for accuracy before submitting.
QUALIFICATIONS
Minimum Qualifications
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.
1-2 years 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
Behavioural Competencies:
Technical Competencies:
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