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Job Description
Performing due diligence on collateral transactions, inclusive but not limited to KYC (Know-Your-Customer), for example, Inspection and Verification of clients and guarantors, and vetting of property documents.
Responsibilities
- Submission of title document (for example, Certificate of Occupancy) on behalf of collateral applicants at their financial institutions (for example, Union Bank, Access Bank)
- Carrying out valuation of property documents at a registered Estate surveyor and valuer. (Example, financial worth of a property to be used as collateral).
- Retrieval of property documents (for example, Certificate of occupancy, Deed of Assignment) from the financial institution.For example, (Commercial Bank – Access Bank) or (Finance House – Orange One).
- Recovery of collateral renewal from the client (Example, collateral borrower).
- Collection of Bank Guarantee (BG) for transactions from the issuing bank to the company’s client, for example, from Wema Bank to an Oil and gas supplier.
- Carrying out search of title documents (for example, Certificate of Occupancy) at requisite Land registry.
- Recovery of company’s money from collateral client for payment to land owners or landlord.
Location: Lagos State, Nigeria.
For More Information: PROPERTY OFFICER
