Job Title: Safeguarding Manager, Africa Organisation: Aga Khan Foundation (AKF) Duty…
Fresher Documentation & Securities Clerk Job Opportunities – DFCU Bank
Job Title: Documentation & Securities Clerk
Organisation: DFCU Bank
Duty Station: Kampala,
Uganda
Uganda
Reports to: Documentation
& Securities Manager
& Securities Manager
About US:
DFCU bank is a fast growing commercial bank offering a variety of
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
Job Summary: The
Documentation & Securities Clerk will primarily ensure timely onward
transmission of securities & documents to the external lawyers for security
perfection and onward transmission of perfected securities to the Registry for
safe custody.
Documentation & Securities Clerk will primarily ensure timely onward
transmission of securities & documents to the external lawyers for security
perfection and onward transmission of perfected securities to the Registry for
safe custody.
Key Duties and
Responsibilities:
Responsibilities:
- Tasked
with receiving and verifying whether legal documents are duly
executed and sealed, from the sales/business team and respective
Securities and Documentation officer(s), prior to assessment of stamp duty
and registration fees to ensure that legal documents are binding in terms
of execution. - The
incumbent will also lodge documents with external law firms/registries and
follow up to ensure timely return which enables timely disbursement of credit
facilities to Bank customers. - Make
proper and prompt entries in the manual security registers, regarding
the movement and stages arrived at, in registering dfcu’s contract and
security documents. This is to facilitate easy tracing of documents by whoever
needs to. - Follow
up on registration of various security and contract documents for the
purposes of updating the credit register on movement of securities
and proper tracking of the perfection of dfcu Bank’s legal interest and
further ensuring that security registers are printed and filed securely to
ensure safe custody of securities (including prompt lodgement of all
securities in the strong room). - Maintain
and update the securities and registration tracker to monitor and capture
all securities handled by the lawyers in a specific month to enable easy
confirmation of the lawyers’ fee notes upon receipt of the same for
payment. - Avail
updates on the waivers disbursed in a specific month upon receipt of
waiver list to ensure that the Bank’s interests are properly secured. - Avail
monthly reconciliation reports in respect of the legal fees accounts to
the Manager of the Credit Operations Unit. - Work
closely with the external lawyers to ensure timely perfection of
securities, closely monitoring and facilitating the movement between
the business units and bank lawyers and eventually coordinate payments to
external counsel for registration services – ensure their accounts are
credited and invoices promptly paid.
Registry & filing management:
- Ensure that all security documents are
properly registered, titles are encumbered with dfcu’s mortgage or further
charge and log Books are caveated before forwarding the same to the
Registry Team for safe custody in a bid to avoid having unperfected
securities. - Work closely with the Registry Officers to
ensure timely term lease extensions and rectifications of all other
discrepancies.
Qualifications, Skills and
Experience:
Experience:
- The applicant for the DFCU Documentation
& Securities Clerk job opportunity must hold a Degree/Diploma in Law - Hold
a Certificate in effective records management - Experience
in working for a busy private law firm(s) handling the registration
of mortgages and other security documents for different financial
institutions. - Approved
Court process server. - Broad
knowledge and understanding of the procedures involving registration of
Mortgages, debentures, charges on chattels and various security
documents. - Possess
excellent interpersonal and communication skills (necessary for dealing
with the external registries and various Government departments when
registering securities). - Computer
literacy skills - Good
team player; support all queries relating to registration of
securities. - Basic
legal knowledge of products offered by dfcu Bank Limited.
How to Apply:
All candidates who so wish to join the banking sector in the
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: Vacanciesbank@dfcugroup.com
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: Vacanciesbank@dfcugroup.com
Deadline: 17th August 2017
For more of the latest jobs, please visit https://www.theugandanjobline.com or
find us on our facebook page https://www.facebook.com/UgandanJobline
find us on our facebook page https://www.facebook.com/UgandanJobline