Credit Documentation and Securities Officer (1 Position)
REPORTING TO: Manager- Credit Documentation and Securities
JOB PURPOSE: Reporting to the Manager- Credit Documentation and Securities, the role holder will be responsible for the daily activities of reviewing credit documentation and securities in line with the operating guidelines to mitigate risks and minimize operational losses.
LOCATION: Kampala
KEY ACCOUNTABILITIES:
- Check and confirm that credit and entity account documents have been executed and are enforceable.
- Review files from the Loan Origination System for completeness and conclude the perfection of the physical documentation.
- Review of expiring and expired leases and follow through for renewals.
- Maintain a tracker of all reviewed files and escalation of issues to the different stakeholders.
- Review and updating of the Waiver report.
- Maintain a tracker of all securities undergoing perfection.
- Receive securities from the business and check completeness in line with the offer letter.
- Lodging the received unperfected securities with our Central Registry, a security received note was placed on the customer’s file.
- Handing over unperfected securities to the external lawyers, obtaining security acknowledgement notes for the same, and ensuring all securities/documents are submitted in full to the external lawyers.
- Receiving perfected securities from the external lawyers issuing an acknowledgement note for the same, ensuring that all securities/documents are received in full from the external lawyers.
- Responsible for ensuring that all perfected security-related documentation is captured in the system and filed.
- Handing back securities for paid-up credit, and security swaps in line with the security release process flow.
- Track external lawyers’ weekly progress reports and maintain external lawyers’ monthly review calendar.
- Report on documentation breaches and keep track of such breaches for closure.
- Handle all calls and queries relating to documentation and securities as per agreed service level agreements.
- Reconcile invoices presented by lawyers for professional fees and stamp duties against the actual payment to URA. In addition, follow through on resolution of any outstanding items on the reconcilable accounts
- Update security details in the core system as and when required.
KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED:
- A Bachelor’s Degree in Legal Practice or any related field.
- Training in key aspects of credit i.e., Credit Policy, IFRS, FIA, CRB, AML and KYC.
- Two (2) years of working experience in a law firm.
- Records management is an added advantage.
- Excellent communication and document management skills.
- Attention to detail, excellent analytical skills, ability to demonstrate a high degree of accuracy and meet deadlines.
- Excellent interpersonal, verbal, written, communication and independent judgment skills.
- Attention to detail.
- Strong communication skills.
- High level of integrity and ethical standards.
INVITATION
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including your present position and copies of relevant professional/academic certificates, to the email address indicated below:
Vacanciesbank@dfcugroup.com
Deadline: Friday 20th September 2024. Only short-listed candidates will be contacted.
dfcu Bank is an equal opportunity employer. We do not discriminate based on religion, age, citizenship, marital or family status, disability, or gender. Please note that all recruitment terms and conditions in the HR Policies and Procedures Manual shall apply.
