₦airaland Forum

Advice on NOC Appropriate NOC Code

Job Description of a Team Lead, Collateral Management Unit in a Bank


1) Supervising a team of 6 support staff responsible for collateral and vault management functions.

2) Monitoring the processes for receiving documents for loans and collaterals, recording, and filing in the vault.

3) Maintaining indexing system for customers’ files kept in the vault.

4) Managing the records of document retrieval and return

5) Managing an electronic document management system for storage, access and retrieval, as well as user access administration

6) Controlled access to the documents for retrieval, and collateral release.

7) Implementing document retention and archiving policies and procedures.

cool Monitoring and managing cash/fixed deposit/investments and other collaterals securing loans.

9) Reviewing all booked loans for up-to-dateness of insurance and valuation on pledged assets, and completeness of collateral perfection perfection documents.

10) Performing monthly review of collateral perfection, collateral sufficiency, and documentation preparing monthly reports for senior management.

11) Overseeing the planning, execution and implementation of projects related to collateral and document management activities.

12) Managing stationery requisitions for the management of the vault.

Your advice will help me to avoid NOC mismatches. Would have gone for 0122 0r 6235