Officer, Collateral Custodian

  • Stanbic Bank
  • Dar es Salaam, Dar es Salaam Region, Tanzania
  • Mar 11, 2020
Full Time Banking

Job Description

Job Details

Risk Management: understanding all risks - from the economic to the political - that could affect our global business, and offering guidance to all parts of the bank

Job Purpose

    • Attending to all aspects relating to collateral documentation and routine related aspects for the Branches. .
    • Accurate Filing and Maintaining of Collateral Documentation in Safe Custody

Key Responsibilities/Accountabilities

    • To ensure the correct release and retrieval of the correct collateral documents from the system and the vault to ensure high standard of service.
    • To ensure that capture, lodgements and release of collateral in effected timeously for meeting turnaround time.
    • To ensure correct filing of documents in the strong room for effective work flow processes.
    • To ensure that absolute documentation is held in an orderly manner for effective workflow processes.
    • To attend to all internal and external requests for copies of collateral to be sent/faxed to ensure excellent customer services.
    • To timeously attend to queries.

Preferred Qualification and Experience

    • the incumbent must be an LLB (Laws) or Collateral related field
    • the incumbent must have 1-2 years experience in a similar position.
    • Preferable to have banking experience, particularly pertaining to banking processes with regard to collateral documentation and the operation thereof.

Knowledge/Technical Skills/Expertise

    • 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