Employer Active
1 - 2 years
Not Disclosed
Salary Not Disclosed
Saudi Arabian
N/A
1 Vacancy
Establish collateral management and review plan and generate periodic report on the variation/movement of collateral value in respect of outstanding credit exposure.
Coordinate update of collateral register with details of pledged collaterals for monitoring purpose
Coordinate update of tracker for Insurance policies on Pledged Assets
Appointment of warehousing Agents/Collateral Managers to manage the stock securing the facilities granted under warehousing arrangement.
Review weekly report on stock managed under warehousing arrangement to ensure compliance with the dynamics and escalate where there are deviation from the approved conditions/dynamics or diminution coverage or the LTV ratio
Approve release of warehoused stock based on the lodgement made into the account in line with the transaction dynamics
Co-ordinating reporting on collateral value coverage and loan to value ratio Reporting and ensuring compliance with the valuation frequencies on pledged assets
Coordinate and ensure renewal of expired insurance policies on pledged assets through UBN Insurance Brokers on expiration
Appointment of valuers to carry out valuation/revaluation of assets securing the facilities granted to banks customers
Full Time