Latest Jobs at Absa

Job Summary

• Join the dynamic and exciting world of CIB Transaction Administration as a Document Specialist in an opportunity that will allow you to be responsible for Documentation Management and Governance Services to frontline Business units / Product areas across CIB. The role also entails the following:

Job Description

• Drafting standard legal lending agreements, supporting resolutions and security documentation in accordance with credit approvals and applicable legislative requirements, while ensuring correctness and alignment to governance and policy standards.
• Act as liaison between business and Transaction Administration (TA) to ensuring that all pre-registration & pre-disbursement conditions and conditions precedent are fulfilled.
• Ensure appropriate governance and adherence to established Absa risk control policies and procedures including TA specific framework and procedures.
• Validate term sheets and ensure that all credit sanctioning collateral and conditions have been fulfilled prior to disbursement.
• Validation of all documentation to ensure compliance with lending requirements and appropriate sign-off by mandated officials.
• Prepare instructions and manage, registration/cancellations of bonds as requested by internal and external clients. Control check lists and registers to be maintained and updated throughout process.
• Ensure legal validity and enforceability of documentation (quality assurance), fulfilment of conditions precedent, correct interpretation of credit conditions and security requirements
• Post implementation review of transactional documentation to mitigate documentary and operational risk.
• Recordal, maintenance and control of documentation on various systems.
• Capturing and scanning of documentation and data onto Salesforce and other applicable systems.

Education and Experience

• NQF Level 6 or higher Legal qualification (paralegal diploma or B Degree).
• Minimum (1) one year Banking experience.
• Banking or Credit qualification an advantage.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised