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Sumac Microfinance Bank
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Absa Group Ltd, Central Bank of Kenya, DFCU Bank, HF Group, Sumac Microfinance BankProfession (Banking, microfinance, insurance, Mid-level)
Accounting, finance, banking, insurance,Administrative, clerical,Business, strategic management,Customer support, client care,Energy, power,Engineering, architecture,Human resources,Information technology, software development, data,Legal,Media, communications, languages,Medical, health,Project, program management,Research, academy,Sales, marketing, promotion,Security,Teaching, training,Transportation, logistics, driving,
Industry (Legal, Mid-level)
Seniority (Legal, Banking, microfinance, insurance)
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DFCU Bank
Banking + 2 more
Description
Requirements
- A Bachelor’s Degree in Law or any related field.
- Training in key aspects of credit i.e. Credit Policy, IFRS, FIA, CRB, AML and KYC.
- Two (2) years’ working experience in collateral management.
- Records management is an added advantage.
- Excellent communication and documents management skills.
- Attention to detail, excellent analytical skills, ability to demonstrate high degree of accuracy and meet deadlines.
- Excellent interpersonal, verbal, written, communications and independent judgement skills.
- Attention to details.
- Strong communication skills.
- High level of integrity and ethical standards.
Responsibilities
- Conduct conformance checks of executed documentation to minimize errors and protect the Bank from potential legal and financial risks.
- Tracking the movement of securities under perfection, resolve any documentation-related issues, and maintain secure custody of collateral.
- Effectively monitor the transactions assigned to external legal teams for perfection for registration of the bank’s interest in securities to minimize risks related to delays in perfection of collateral.
- Address queries and provide advisory services related to perfection to uphold compliance with internal policies and external regulations while providing solutions to customers.
- Track and escalate overdue issues arising out of documentation reviews to stakeholders to mitigate operational losses.
- Maintain regular reporting on the status of documentation, security perfection, and any outstanding issues or risks to stakeholders which facilitate transparency and mitigate delays.
- Reconcile the payment of legal fees and disbursement invoices related to security perfection, confirming that payments for legal services and stamp duty are accurate and processed in a timely manner.
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