Team Leader – Credit Collateral – National Development Bank
Job Description
ROLE ACTIVITIES
1. Team Leadership and Management:
- Lead and manage a team responsible for collateral management, including drafting agreements, documentation, and perfection of collateral.
- Provide guidance, support, and training to team members to ensure effective performance.
2. Collateral Documentation and Agreements:
- Oversee the drafting, review, and management of security documentation and agreements.
- Ensure all documentation is legally sound and accurately reflects the terms of collateral agreements.
3. Perfection of Collateral:
- Ensure all legal and procedural requirements for collateral perfection are met.
- Issue instructions to the Deeds Office for proper registration and protection of collateral.
4. Conditions Precedent:
- Monitor and ensure that all conditions precedent are fulfilled before credit disbursement.
- Coordinate with internal departments and external parties to address any issues.
5. Fire Policies and Valuations Management:
- Oversee the management of fire insurance policies related to collateral.
- Ensure regular and accurate valuations of collateral assets are conducted and maintained.
6. Deal Conclusion Forum:
- Serve as the Secretary for the Deal Conclusion Forum, preparing agendas, minutes, and facilitating meetings.
- Ensure effective documentation and follow-up of forum decisions and actions.
7. Reporting and Analysis:
- Prepare and present reports on collateral performance, documentation status, and compliance.
- Analyze trends and provide recommendations for process improvements.
8. Stakeholder Coordination:
- Liaise with legal advisors, appraisers, and other external parties to support collateral management and documentation processes.
- Coordinate with internal departments to ensure smooth execution of collateral-related activities.
QUALIFICATIONS & EXPERIENCE
- Bachelor’s degree in finance, business administration, law, or a related field.
- Professional certifications (e.g., CFA, CLL, or similar) or advanced degrees (e.g., MBA, LLM) are advantageous.
- 6 years of experience in credit collateral management, legal documentation, or a related field within the financial services industry.
- Proven experience in managing collateral, drafting legal agreements, and leading a team.
Closing date: 31 December 2024
