Collateral Management Specialist

15 hours ago


Bloemfontein, Orange Free State, South Africa Fempower Full time
About the Role

Fempower seeks a highly skilled Collateral Management Specialist to join our team. As an Agricultural Finance expert, you will play a critical role in ensuring the accuracy and completeness of collateral data on our management system.

Key Responsibilities
  1. Collateral Dual Control: Ensure that all required security objects are captured accurately and linked to the applicable agreements correctly. Capture and release collateral on the CMS, and ensure supporting valuation/source documents are uploaded promptly and accurately to the Bank's record management system.
  2. Proactive Collateral Management: Conduct deeds office searches using the Windeed system and other required tools to confirm registration in favor of the company for conveyancing and notary transactions. Verify information on the Windeed system for accuracy and escalate corrections/update requirements to Conveyancers. Upload reports from Windeed to Onbase in accordance with the record management policy as stipulated in the file plan.
  3. Routine Valuation Updates and Confirmations: Ensure asset valuation inspections and agronomical assessments are conducted in line with the bank's policies, and backlogs are escalated timeously. Obtain regular CMS expiry reports to enable updates to routine valuations at the frequencies stipulated by the Credit Policy. Update valuations on the CMS upon receipt of the BF90, CMS report, external valuation, or other supporting valuation document on time.
Preferred Qualifications and Experience
  • A relevant 3-year degree in Agriculture or Credit Risk Management or Management/Business Finance is required.
  • A minimum of 3-5 years of experience in a banking or financial environment, specifically in Agricultural Financing, Agricultural Economics, Account Portfolio Management, Business/Credit analysis, or Credit & Risk Management is preferred.
Compensation

The estimated annual salary for this role is $85,000, based on market conditions and industry standards.



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