Job Information
Retail Securities Associate
Company Information
Job Information

Company
Sagicor Jamaica
Website
https://www.sagicor.com/
Contact Name
Contact Email
sagicorjobs@careerjamaica.com
Job Type
Full-time
Department
Sagicor Bank Jamaica Ltd.
Category
Banking/Finance
Posted
10-01-2023
Job Status
Start Publishing
17-03-2023
Stop Publishing
24-03-2023
[Kingston,Jamaica ]
Description
"Looking for a diverse and rewarding career?
If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"
Sagicor Bank Jamaica Limited is seeking a suitable candidate to join our Credit Risk team in the capacity of: Retail Securities Associate
Location: Kingston
As a Retail Securities Associate, you will:
- Provide administrative support to the department through the preparation and processing of security documents whilst maintaining custodial responsibilities for security documents in assigned portfolios at a level that will enhance the achievement of goals and objectives.
- Prepare and process Mortgage transactions in keeping with the approved credit application and established Service Level Agreements and ensure all fees are collected.
- Review approved credit application and supporting documents.
- Verify that all pre-disbursement condition(s) are included in the documentation, where applicable, in accordance with the approved credit application.
- Prepare all security documentation including Commitment Letters, and related security documents.
- Peruse and ensure all pertinent information is recorded for security documents prepared by branches/ units and are in keeping with the security recital in the approved credit application.
- Calculate and ensure collection of fees required for processing, stamping and registration of credit facilities and that the correct accounts are credited.
- Process executed security documentation upon disbursement for assessment, stamping and registration at the relevant Government Agencies.
- Ensure stamping and registration of security documentation by Government Agencies is done within the specified timelines.
- Constantly follow up with the Documentation Assistant and external agencies (as required) to ensure that the Bank’s interest is protected and noted on the relevant instruments.
- Create and maintain security files.
- Prepare all relevant release documents for securities and letters to the relevant institutions to discharge the Bank’s Interest upon request in accordance.
- Prepare Contingent Liabilities for assigned Branches/ Units.
- Prepare securities and disbursement management/ Regulatory Reports for assigned portfolio.
- Perform other related duties assigned from time to time.
What do you need?
- Minimum of an Associate’s or Bachelor’s Degree in Banking and Finance, Management Studies or equivalent qualification from a recognized tertiary institution.
- Experience in Banking and Financial Services and completion of paralegal studies would be an asset.
- In-depth knowledge and training in security documentation and processing.
- Knowledge of established procedures for the execution/ perfection of security documents.
- Knowledge of the Bank’s policies and procedures.
- High degree of accuracy and attention to detail.
- High degree of confidentiality and flexibility.
- Ability to prioritize and time management skills.
- Effective communication skills.
- Proficiency in the use of computer software packages such as word processing and spreadsheet applications.
If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than January 13, 2023.
While we appreciate all applications, only shortlisted candidates will be contacted.
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