Workatele

Collateral Officer at First National Bank (FNB), Lusaka, Zambia

First National Bank (FNB)

Collateral Officer at First National Bank (FNB), Lusaka, Zambia

First National Bank (FNB)

Full time Job

Date Posted: September 12, 2024

Application deadline:

Expired on: September 19, 2024 5:00pm

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Job description

To receive, release, manage and report on imperfect or outstanding collateral

  • Assume accountability for the efficient and timeous capturing of data in the securities and Credit Support department
  • Assume accountability for the efficient and timeous fulfilment of the Bonds and/or Insurance process duties in the Securities and Credit Support
  • Liaise and maintain good relations with Attorneys and/or relevant Insurance companies, insisting upon the laid down standards and resolving any misunderstanding immediately
  • Resolve bond and Insurance process related queries quickly and efficiently
  • Ensure that the progress of all bonds/or insurance processes are properly diarised, follow-ups are attended to and that all parties are adequately informed
  • Adhere to the laid down Bond and insurance processes, maintaining efficient electronic tracking and monitoring processes and providing regular feedback to Supervisor
  • Source all the information necessary to finalise the preparation of each document
  • Provide consultative support to the Credit and Relationship function
  • Keeping clear and unambiguous records of all credit documents held by the bank, including identification and unambiguous recording of unacceptable documents
  • Assist with the development and formalisation of the team’s document preparation, checking and record-keeping processes
  • Provide training to other members of the team when necessary
  • Assist other team members with their functions when necessary
  • Assume accountability for the accurate record-keeping and filling of documents
  • Attend to the logging in and out of documents
  • Maintain customer files in appropriate order
  • Ensure that vault duties are adhered to
  • Assist Business Units/Banking with bank drafts (ordering and allocation
  • Assume accountability in sanctioning credit applications on CWS of any amount, confirming   accuracy and authenticity of security documents
  • Maintain quality assurance of the documents held by the Business Unit
  • Maintain control over the flow of original documents, adhering to laid down processes
  • Adhere to the laid down capturing processes and data entry standards, maintaining and monitoring processes and providing regular feedback to supervisor

Application deadline:

Expired on: September 19, 2024

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