Senior Document Specialist - Sandton, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

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Description

Bring your possibility to life Define your career with us

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Do you have 5 years Legal experience focusing on Credit and Documentary Risk mitigation? Join our Transaction Administration CIB Team as a Senior Document Specialist and be responsible for Documentation Management and Governance Services to frontline Legal and Business units / Product areas across CIB

Your responsibilities will include:

Job Description:

Act as liaison between business unit / product area and Docman ensuring that all preregistration & predisbursement loan conditions and conditions precedent are fulfilled
Drafting standard legal agreements and security documentation in accordance with credit approvals and applicable legislative requirements ensuring correctness and alignment to governance, legislative requirements and policy standards
Ensure appropriate governance and adherence to established Absa risk control policies and procedures
Liaison with attorneys for receipt of presales schedules and related scheme documentation and undertakings. Validation of all documentation to ensure compliance with loan requirements and appropriate signoff by mandated officials
Post implementation review of transactional documentation to mitigate documentary and operational risk
Issue of property guarantees
Post implementation review of transactional documentation to mitigate documentary and operational risk
Record, maintain and control documentation on various systems

Education and Experience Required

NQF Level 6: B Degree or equivalent
Five years in a legal / credit environment, focusing on credit and documentary risk mitigation
Legal qualification an advantage

Education

Bachelor's Degrees and Advanced Diplomas:
Business, Commerce and Management Studies (required)