Collateral Preparation Officer

Position Description
Job Purpose • Attending to all aspects relating to collateral documentation and routine related aspects for the Branches.  • Assist in ensuring compliance of security documents are in line with the provisions of the respective facility letter.
Key ResponsibilitiesPreparation• Checks security documents in terms of the facility letter.• Preparation of Form 23184 accurately within turnaround times, in terms of the facility letter and other legal requirements, whilst maintaining excellent service to internal customers.• Validation of Supporting Documents• Any other duty that may be assigned from time to time.Performance Measure• Validation of security documents  are to be 100% accurate
Daily• Check  and verifies details on collateral preparation form and checks sanction/corresponding authority from Credit• Prepare credit forms accurately within turnaround times.• Follow up on queries pending with respect to issues raised on facility letter and supporting security documents within an acceptable timeframe.• Fill out drawdown tracker• Enter security documents provided in the vault in register for vaulting inWeekly• Provides report on facility letters and security documents that have been pending and unsettled.

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