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Credit Documentation & Security Officer

3.00 to 5.00 Years   Baghdad Iraq   03 Nov, 2023
Job LocationBaghdad Iraq
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryBanking
Functional AreaNot Mentioned

Job Description

Accountable for:

  • Ensuring proper management of credit documentation as per credit policies.
  • Ensuring credit documentation risk coverage adequacy & enforceability.
  • Associating documentation with limits & facilities to ensure end to end control on facilities limits.
  • Ensuring credit approval terms is properly executed.
Key Roles:
  • Oversee the preparation, review, maintenance & custody of the credit legal documentation
  • Ensure validity, execute-ability & acceptability of the delivered credit documentation as per the formal legal
  • standard
  • Ensure credit approval sufficiency with respect to credit documentation deferrals & waivers
  • Manage credit documentation deferrals & expiries in full coordination with respective CIB & CRE
  • managers to mitigate the resulting risks
  • Monitor & administer collateral/security inventory values & existence, & any collateral/security coverage
  • shortfalls as a result of market price changes
  • Ensure credit files, security/ collateral & credit documentation are complete, have controlled access & are
  • well-maintained
Key Performance Indicators:
  • Missing/expired security/collateral
  • Inefficient linkage between collateral/security & associated credit limits
  • Non-reported/ non-identified collateral/ security & documentation
  • irregularities / non-coverage
  • Quality & timeliness of review/reports
  • Loan review rating

Keyskills :

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