Retail Securities Associate

Summary

Provide administrative support to the department through the preparation and processing of security documents whilst maintaining custodial responsibilities for security documents in assigned portfolios at a level that will enhance the achievement of goals and objectives.

Responsibilities

• • Prepare and process mortgage transactions in keeping with the approved credit applications and established service level agreements, ensuring all fees are collected.
• • Review approved credit applications and supporting documents.
• • Verify that all pre-disbursement conditions are included in the documentation, where applicable, in accordance with the approved credit applications.
• • Prepare all security documentation required in keeping with the approved credit applications and established service level agreements, ensuring all fees are collected.
• • Peruse and ensure all pertinent information is recorded for security documents prepared by branches or units and are in keeping with the security recital in the approved credit applications.
• • Calculate and ensure the collection of fees required for the processing, stamping and registration of credit facilities, with the correct accounts being credited.
• • Process executed security documentation upon disbursement for assessment, stamping and registration at the relevant government agencies.
• • Ensure stamping and registration of security documentation by government agencies is done within the specified timelines.
• • Create and maintain security files.
• • Prepare all relevant release documents for securities and letters to the relevant institutions to discharge the Bank’s interest upon request.
• • Prepare contingent liabilities for assigned branches or units.
• • Prepare securities and disbursement management/ regulatory reports for assigned portfolios.
• • Perform other related duties assigned from time to time.

Required Skills

• • In-depth knowledge and training in security documentation and processing.
• • Knowledge of established procedures for the execution/ perfection of security documents.
• • Knowledge of the Bank’s policies and procedures.
• • High degree of accuracy and attention to detail.
• • Effective communication skills.
• • Proficiency in the use of computer software packages such as word processing and spreadsheet applications.

Qualifications

• • Minimum of an Associate’s Degree in Banking and Finance, Management Studies or equivalent qualification from a recognized tertiary institution.
• • Experience in banking and financial services and completion of paralegal studies would be an asset.

Share This Job