Stanbic IBTC Bank Nigeria - Collateral Preparation Officer

Collateral Preparation Officer
Job ID 5763 Location Nigeria Division Position Category Credit Employment Type Full Time - Permanent Shift No Regulatory Approval Yes Post Closing Date Oct 20, 2010

Position Description

Job Purpose
To assist in the implementation of credit procedures as it relates to drafting and scrutiny of collateral

KRAs
Ensure timely and accurate preparation of standard facility letters and required collateral documents
Ensure that facility letters and documents are correctly executed by authorized signatories with no unauthorized amendments made
Ensure receipt of all required collateral documents
Ensure the monthly balancing of bonds and guarantees records
Ensure all required collateral documents are held before recommendation is made to Credit Risk

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