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Monday, November 15, 2010

Stanbic IBTC Bank Jobs: Collateral Preparation Officer

Stanbic IBTC Bank PLC through its wholly owned stock broking and asset management subsidiary, IBTC Asset Management Limited has several excellent mutual funds including the IBTC Nigerian Equity Fund, which is Nigeria’s largest mutual fund with a net asset value in excess of N25 billion (as at December 2007).  It is the only bank that has a direct subsidiary that is a pension fund administrator; through the market leading IBTC Pension Managers Limited (IPML). Stanbic IBTC Bank Nigeria recruits Collateral Preparation Officer
Job ID: 5763
Location: Nigeria – Lagos
DivisionCredit
Position CategoryCredit
Employment TypeFull Time – Permanent
ShiftNo
Regulatory ApprovalYes

Job Purpose
To assist in the implementation of credit procedures as it relates to drafting and scrutiny of collateral
KRAs
Ensure timely and accurate preparation of standard facility letters and required collateral documents
Ensure that facility letters and documents are correctly executed by authorized signatories with no unauthorized amendments made
Ensure receipt of all required collateral documents
Ensure the monthly balancing of bonds and guarantees records
Ensure all required collateral documents are held before recommendation is made to Credit Risk
To Apply, Click on this Link, Select Nigeria as the Country and Apply Online

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