CIB Collateral SpecialistApply locations Johannesburg time type Full time posted on Posted 6 Days Ago time left to apply End Date: November 12, 2024 (3 hours left to apply) job requisition id R15474
Job DescriptionThe role entails maintaining the integrity of organizational collateral assets, engaging in the detailed monitoring and analysis of collateral data, ensuring compliance with internal policies and external regulations, and working closely with various teams to mitigate risk and optimise operational efficiency.
Manage and maintain collateral data, ensuring its accuracy and completenessMonitor collateral values regularly to identify potential risks or discrepanciesCoordinate with organisational stakeholders to resolve any issues related to collateral.Ensure compliance with all internal policies and external regulations related to collateral managementPrepare and present reports on collateral status and performance to managementParticipate in audits related to collateral and provide necessary information and supportImplement ways of work for efficient and effective collateral managementProvide on-the-job training and guidance to credit professionals in the selection of collateral types for specific collateral items, particularly for complex dealsProvide commentary on the listing of collateral in DCF (Deal Conclusion Forum) documentation and the correctness of captured collateralAttend Credit Operational Risk meetings to discuss all outstanding collateral with a priority on Watchlist clients and particular counterpartiesLiaise with internal and external stakeholders i.e., Transactors and attorneys to follow-up on outstanding collateral and legal documentationAssist with day-to-day administrative tasks, including allocating queries to attorneys and allocating deals to team membersStay updated on industry trends and regulations related to collateral managementWork on special projects as assigned, related to collateral management and risk mitigationReview existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancyParticipate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively sharedJob DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 12/11/24
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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