Collateral Preparation Officer in Lagos, Nigeria

at Stanbic IBTC Bank

Banking / Financial Services
Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female

Job Description

Attending to all aspects relating to collateral documentation and routine related aspects for the Branches.  
• Assist in ensuring compliance of security documents are in line with the provisions of the respective facility letter.
Key Responsibilities
• Checks security documents in terms of the facility letter.
• Preparation of Form 23184 accurately within turnaround times, in terms of the facility letter and other legal requirements, whilst maintaining excellent service to internal customers.
• Validation of Supporting Documents
• Any other duty that may be assigned from time to time.

Performance Measure
• Validation of security documents  are to be 100% accurate
• Check  and verifies details on collateral preparation form and checks sanction/corresponding authority from Credit
• Prepare credit forms accurately within turnaround times.
• Follow up on queries pending with respect to issues raised on facility letter and supporting security documents within an acceptable timeframe.
• Fill out drawdown tracker
• Enter security documents provided in the vault in register for vaulting in

• Provides report on facility letters and security documents that have been pending and unsettled.

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