Team Lead, Perfections & Securities

Job Objective(s)

• Ensure perfection of collaterals and securities and to draft all contractual and other legal documents that are not in standard form.

Duties & Responsibilities

• Vet all legal documents submitted by outside entities with which the bank wishes to enter into a relationship to ensure that the interest of the bank is duly protected before advising management to execute.
• Review all collateral documents submitted by the business groups to secure any facility to ensure that the customer has adequate legal interest capable of being given to the bank as security.
• Arrange in liaison with external solicitors, for the engrossment and perfection of legal mortgages, debentures and other instruments used as collateral for credit extension in accordance with relevant federal and state laws.
• Advise on, and recommends the appropriate statutory fees payable to the federal and various state and municipal governments and parastatals for the perfection of collateral documentation.
• Verify the due perfection of collateral documentation assigned to external solicitors and recommends the appropriate professional fees payable in line with approved in-house scale.
• Keep custody of all legal documentation to which the bank is a party.
• Undertake periodic review of documentation for all borrowing accounts to ensure legal completeness.
• Review loan records and preparation of mortgage loan documents and closings, commercial and real estate loans.
• Prepares documents and review records

Knowledge

• Depth in Research, PC, Interpersonal and analytical reasoning skills       
• Depth in written and oral communication skills
• Depth in conceptual and analytical skills
• Depth in Record keeping and documentation skills
• Depth in Human Resource knowledge (preferably hands-on experience
• Depth in Knowledge Of Regulatory Laws
• Depth in deductive skills (ability to make accurate deductions from subsisting events).
• Depth in knowledge of laws relating to banking and contract

Skills/Competencies

• Depth in advocacy solicitor ship  and diplomatic skills
•   Good personality skill
• Enthusiastic and diplomatic
• Poised and attentive to detail
• Takes initiative, is cautious and assertive
• Amiable and outspoken
• A team leader, calm, thorough and cheerful