Job Purposes
• To assume full responsibility and accountability from a legal perspective and to provide full legal support to the BS&R team to facilitate prompt and speedy recoveries in respect of the existing portfolio of potential and existing non-performing loans.

• To ensure periodic review of all relevant documentation in respect of all non-performing loans in the BS&R space or all other potential delinquent loans as may be referred by Head, BS&R. In this regard, to review collateral documents for adequacy and correctness and to ensure that the bank is protected at all times; to immediately consider and recommend, at take-on, names/facilities/loans that require up-stamping and obtain prompt requisite approval for and to effect such up-stamping.

• To work with Legal Department and ensure the speedy completion of outstanding perfections of collateral covering the bank’s exposures. In this regard, to provide a focused and co-ordinated follow-up with both Legal Department and external Solicitors on those pending and uncompleted perfections that are longer than one year with a view to completing same; based on an understanding of the BS&R portfolio, to identify those stalled perfections where Legal Department is experiencing documentation challenges either internally or externally and take proactive steps to resolve same.

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Source:
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