Manager: Collateral Compliance

Listing reference: capbw_000148
Listing status: Closed
Apply by: 13 May 2022
Position summary
Industry: Banking
Job category: Banking, Finance, Insurance. Stockbroking
Location: Windhoek
Contract: Permanent
Remuneration: TBD
EE position: No
Introduction
Assist the Head: Collateral Compliance with overseeing and managing of Preparation & Verification, Capturing and Disbursement, Maintenance & Custodian, and Instrument segments within the Department to implement and deliver the approved strategy of the Department, Credit Division and Group as well as provide support on all Collateral Compliance related matters to the Bank divisions, in order to support the effective execution of the Bank’s strategic initiatives and day-to-day operations.
Job description

KEY PERFORMANCE AREAS (KPA’s):

1.    Operational Management
·        Ensure effective and efficient implementation of an operational plan, systems, processes
     and procedures in the area of responsibility.
·        Analyze trends, competitive environments and ensure targets are achieved within the scope of corporate objectives and policies
 
2.    Customer Focus / Client Relationship
  • Ensures that client relationships are effectively managed and delivery of service to internal and external clients takes place in line with the deliverables agreed in the Service Level Agreements (SLA’s)
  • Identify Improvement areas for operational effectiveness and efficiencies in the department and analyze trends and competitive environments
 
2.    Financial Administration and Management
  • Planning, management, execution and monitoring of the Department’s budget; ensure that there is no revenue leakage and that all prescribed costs, fees and charges are executed as per the prescribed set guidelines, policies and procedures
  • Develop forecasts, financial targets and business plans for the branch
 
3.    Sales Focus
  • Assist in identifying cross-selling opportunities and to refer such opportunities and leads, as well as in developing and reinforcing a sales culture in the Bank
  • Assist in identifying potential growth areas for the Bank and analyze trends and competitive environment
 
4.    People Management
  • Develop and reinforce a performance culture in the Department
  • Creates understanding, ongoing awareness and monitors compliance with all Human Resources and other related policies
  • Provide management and leadership capabilities within the department
  • Ensure that the right people are placed in the right positions, in order to reduce workload, overtime and staff turnover
  • Effectively plan and conduct formal and on the job trainings to ensure that sufficient expertise is available to perform the job
 
5.    Risk, Compliance & Governance
  • Working knowledge to ensure compliance with the ICC Uniform Rules for Demand Guarantees (URDG – No. 758, 2010 Revision) and ICC Uniform Customs and Practice for Documentary Credits (UCP 600, 2007 Revision)
  • Compliance with Regulatory Bodies (i.e. Bank of Namibia, Bankers Association of Namibia, Namfisa, etc.) and any governmental Rules, Acts and Regulations (i.e. Anti-Money Laundering, Due Diligence, Sanctions, etc)
  • Mitigate Risk and Legal Implications to the Bank
  • Compliance and ongoing review of the Bank’s Policies, Processes, Procedures and Systems to improve effectiveness and efficiency to enhance service delivery and mitigate risk
 
6.    Core Competencies
  • Planning, organizing and executing skills
  • Problem Solving and Analytic
  • Entrepreneurial and Commercial Thinking
  • Planning, Organising and Executing
  • Persuading and Influencing
  • Relating and Networking
  • Leading and deciding
  • Enterprising and Performing

Minimum requirements

Knowledge, Skills & Experience
  • Computer literacy is essential (Microsoft Office Suite – Word, Excel, PowerPoint, etc)
  • Good knowledge of the Bank’s internal Collateral and Credit processes and procedures,
            specifically relating to Loan Facilities and Collateral Documentation
  • Knowledge of various legislative requirements, particularly as it pertains to credit agreements, loan documentation, legal processes, and the variety of collateral that may be used
  • Budgeting, Planning and Leadership skills
  • Skill in analysing and evaluating financial and legal information
  • Knowledge of financial markets and the volatile nature of certain variable security held, as well as the market forces that influence their market value
  • At least 7 (Seven) years’ collateral and/or credit experience
 
  Qualifications
  • Holder of LL.B degree
  • Admission as legal practitioner of the High Court of Namibia;

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