• Application Deadline: Fri, 22 Jul 2022 00:00:00 GMT
• Position: Collateral Confirmation & Market Intelligence Specialist


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 6 years


• Location Lagos


• Job Field Banking  , Sales / Marketing / Retail / Business Development 
  

Duties & Responsibilities

• Responsible for the physical confirmation of all contracts and collateral for LPO, IDF, CFF, APG, PFI, BG etc with Principals to validate credit documents


• Responsible for physical confirmation of domiciliation arrangement from principals


• Follow up with DMO and CBN on SDN to ensure that the bank’s position is secured


• Physical visitation of schools to validate RAC for FirstEdu. product


• Physical visitation of third-party vendors to verify suppliers under Stock replacement facility product


• Validation of agreements /signatories under ESCROW account  


• Collect/validate all documents from RM required for processing of credit requests in CAP/SLD


• Ensure appropriate loan documentation and timely follow- ups with head office departments for loan approvals


• Follow up with CRM for conveyance of F3800Bto to the Relationship team upon approval


• Responsible for the follow up with relevant departments to ensure perfection of security documents


• Responsible for bank-wide circularization for the release of security documents


• Liaise with CRM in processing the release of security documents


• Liaise with Risk Departments and Legal for processing and collection of bonds


• Ensure timely processing of security documents & certifications


• Liaise with Legal Services for review of documents (bonds, APG & collateral perfection)


• Monitoring and tracking of short term loan repayments across all SBUs and prompt escaltion of account showing early signs of deliquency


• Carry out pre-approval physical visitation to markets bank-wide for market intelligence and risk assurance check across the SBUs


• Assist to engage the BUs on a regular basis to deliver training and enlightenment of FTS and all its variants to facility better understand of the product to avoid pitfall and process delays


• Carry out engagement and visitation of customers for assessment and profiling as part of risk assurance function to aid Management decision


• Carry out pre assignment review all FTS and variants applications across all SBUs on Fintrak


• Prepare and initiate the pre-approval recommendation for all FTS and variants transactions across the Bus before Management approval


• Carry out the periodic post approval visitation of FTS Management & Collection officers to customers shop for stock assessment as part of the monitoring strategies


• Make daily review of all active FTS and variants accounts to identify loan covenant default on accretion timelines   FTS Management & Collection officers


• Carry out the tracking, preparation, and rendition of daily monitoring reports of all active FTS and variants across all the SBUs


• Render daily monitoring reports to all the SBUs bank-wide where all red flags are duly noted and escalated


• Initiate escalation of all loan repayment defaults and early distress account to the management of relevant SBUs for prompt action


• Provide weekly FTS and variants position report to the Team Lead


• Drive collection on FTS and variants loans in branches and ensure performance trigger monitoring


• Provide report on all collection and early delinquency signs /challenges on FTS/variants and short-term loans


• Arrange regular visits/meetings with customers and follow-up on repayment arrangements


• As part of Bank’s Information Security requirements, maintain the security of all information entrusted to the staff and comply with the principles in the Information Security handbooK

Job Requirements

Education:

• Minimum Education: First Degree in any discipline

Experience:

• Minimum experience: 6 yeas relevant banking experience