Job type: Full-time

Securities and Documentation Officer

REPORTING TO: Securities and Documentation Manager

RESPONSIBLE FOR:

Securities and Documentation

DEPARTMENT:

Legal Department

REGION:      Dar es Salaam

HOURS OF WORK

8am – 5pm Monday to Friday. Additional hours as required by workload.

  1. PURPOSE OF JOB:

Management and custody of all Banks’ securities and loan related documentation and maintaining a database of securities for all the business segments, i.e. corporate & retail.

  1. PRINCIPLE ACCOUNTABILITIES:

RESPONSIBILITIES:

  1. a) Safe custody of Bank’s securities
  • Manage an organized and dual safe custody of securities for ease of retrieval and manage the strong room effectively
  • Manage lodgement of all securities, retail & Corporate and physical filing of lodgement sheets
  • Maintain and manage securities database to ensure that all securities held by the Bank are captured correctly and updated regularly
  • Oversee the inputting of security details on lodgement and ledger sheets to ensure proper records are always in place and ensuring that all security-related documentation  is captured on the system and filed
  1. b) Discharges and Releases
  • Manage and facilitate discharge of securities from the Bank on receipt of request from the business units/ branches or customers ensuring that the banks interests are covered
  • Manage the withdrawal of Bank’s securities as well as oversee the movement of securities internally and externally i.
  1. c) Compliance
  • Review the security lodgement process to ensure highest standards in respect of procedure, and continuous improvement of the processes and engagement of stakeholders.
  • Perfection of security documents at the different government registries/authorities
  1. d) Takeovers and Sales
  • Issuance of instructions to lawyers on takeovers
  • Endorsement of discharges within the stipulated limits and overseeing the release of the same
  • Vetting of the undertakings to ensure that the bank’s interest is protected at all times
  • Manage the follow up of undertakings to ensure receipt of payment within the stipulated timelines or return of securities.
  • Negotiating and vetting of undertakings for special release of securities e.g. to facilitate amendments on titles; subdivisions, lease registration etc. while ensuring that the bank’s interest is protected.
  • Release lawyers and other financiers of their undertakings once the bank’s terms have been met.
  1. e) Management of internal and External Stakeholders
  • Manage both internal and external customers to ensure that their requests are responded to within the laid down timelines.
  • Managing quarterly stakeholder engagements for process review and improvements.
  1. SKILLS:
  • At least 2-3 years of experience in the banking Industry
  1. QUALITIES:
  • University degree in Law or other relevant professional qualifications.
  • Knowledge of Credit process and documentation
  • Outstanding communication skills.
  • Strong commercial know-how and first-class decision-making abilities.
  • Be a good relationship builder and a strategic thinker rather than just operational.
  • Resilient under pressure.

Kindly use the provided link to submit your application.

NB: Only shortlisted  candidates will be contacted

Application deadline: 15th Oct 2024.

How to Apply:

This is Full-time Job, To submit your application, please follow the link provided below.

CLICK HERE TO APPLY

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