Collateral Officer

Duties

• Responsible for the administration and maintenance of securities
• Key Performance Areas (KPAS)
• Securities Administration: Acceptance, transfer and handling over of security documents
• Ensure that the required documents regarding contracts, cessions, pledges and other supportive documentation in respect of:
• Acceptance of securities
• Follow up of securities
• Transfer of securities
• Handling over of securities
• Opening of new security files and
• Ensure it is finalized correctly and on time in accordance with the prescribed procedures
• Request Santam Quotations
• Request POA from attorneys
• Ensure that all documents are properly completed and signed when securities are accepted.
• Follow up/aftercare: Ensure that timeous and effective follow-up/after careactions as listed below are carried out in respect of securities
• Follow-up of missing or faulty securities
• Updating of security values and property revaluation on the computer system
• Safe Custody of securities: Ensure that prescribed procedures are followed for the acceptance, recording and issuing and cost recovery in respect of safe custody items
• Checking and control of deeds and supportive documents: Ensure that title deeds, mortgage bonds, short term insurance, life assurance, bank guarantees and supportive documentation are legally and correctly finalized
• Cost recovery: Ensure that costs and the value of stamps are recovered accordin to prescriptions
• Customer focus: Ensure that clients are handled in a professional manner with accurate information, including details about the branch’s products and services
• Maketing: Responsible to identify cross selling opportunities and refer such opportunities and leads to the correct person, branch or department involved
• General: Must be prepared/willing to do any other reasonable and lawful instruction/task and it should normally be carried out on time and correct

Requisites

• Knowledge of the system and processing activities
• Must have the adequate knowledge of the products and services that apply to this position
• At least 2 years experience in similar similar position
• Professional image & grooming
• Self-confidence and interpersonal skills
• Computer literate: Knowledge of Windows 2000, Microsoft Outlook, Excel Level I & II and Word Level I & II
• Matric (Grade 12)
• Valid Driver’s license (Added Advantage)
• CORE COMPETENCIES:
• Committed
• Energetic and willing
• Positive attitude towards system and system changes
• Time management
• Loyalty
• Communication both written and orally in English
• Teamwork
• Reliability
• Planning and organizing skills
• Integrity

Notes

• Only shortlisted applicants will be contacted