Legal and Credit Risk Administrator – First National Bank Namibia
Job Description
Job Description:
To ensure that the technical aspects of surety will hold up in legal process. Accountable for the controlling of all surety related documents and ensure that documentation is managed in safe keeping. Provide efficient and effective administration support to ensure the smooth running of a functional area.
Are you someone who can:
- Verify security “held” according to the latest approved limits to prevent potential losses.
- Scrutinise the correctness of currently held security documents to ensure compliance with legal requirements.
- Ensure all supporting documentation is in place, including marital status letters, identity documents, company/CC documents, fire cover confirmations, and valuation reports.
- Redraft incorrect collateral documents to minimise risk exposure to the Bank.
- Draft new proposed security documents in line with approved credit limit requirements.
- Draft Facility Letters and Loan Agreements forming part of the legal agreement between the Bank and the Borrower.
- Take immediate action to note the Bank’s interest on all cessions.
- Attend to instructions for the registration and cancellation of bonds.
You will have access to:
- Hold a Certificate or Diploma in Administration.
- Have 3–5 years’ relevant experience in a similar role.
- Possess a background in collateral management (advantageous).
- Have working knowledge of the Collate system (added advantage).
We can be a match if you are:
- Always doing the right thing – Fight for ethical conduct and transparency, both inside and outside
- Curious – Believe in insight, creativity, and its power to unlock value
- Deeply Invested – Take initiative and be a leader in your own right
- Valuing differences – Be inclusive, gracious, decent, and humble
- Building Trust not Territory – Crete a culture of sharing
- Courageous – We’ve built a culture of bravery by speaking our minds and encouraging others to do the same
The company ONLY accept applications via their career portal. Interested candidates can apply via the link below:
Apply online via: FNB Career Portal
