Legal & Regulatory

Port Louis

Legal & Regulatory Department is looking for an Assistant.

Job Purpose:

The candidate will be responsible to ensure that:
  • all credit files are complete in regard to proposal, approval and documents for perfection of security documents.
  • Sanction Letters are drawn strictly in accordance with the approval.
  • Documents and other credit facilities are properly and accurately executed and ensure that they are prepared based on relevant approvals in instances of security perfection, disbursement and release of security.

Key Responsibilities: Legal & Documentation Unit
  • Ascertain that credit files are in order.
  • Draw all credit documents strictly as per the approval terms without any errors or deviation.
  • Perform release of security promptly after seeking approval and ensuring relevant sets of documents have been submitted.
  • Ensure that all documents have been properly executed and the registration process are completed within the agreed SLAs.
  • Drafting of erasure letters.
  • Fulfilling the relevant formalities in accordance with the Registrar General for the registration of the Bank’s security documents.
  • Ascertain that all facilities disbursed are properly recorded in terms of product and set guidelines.
  • Prepare search reports from Conservator of Mortgages Office and Company Division accurately and promptly (online and onsite).
  • Handle queries from both internal and external customers.
  • Any other duties which may be assigned by the Head of Department.

  Technical & Behavioural Skills:
  • Good knowledge of Central Bank’s guidelines and other relevant local legislations
  • Good knowledge and understanding of banking products and lending processes.
  • Ability to read and interpret security documents.
  • Ability to use Microsoft Office tools (Excel, Word, PowerPoint, and Microsoft Outlook)
  • Ability to work under pressure and meet tight deadlines.
  • Good interpersonal and communication (oral/written) in both French and English medium.
  • Excellent team spirit.
  • Proactive, dynamic and solution provider.

Qualifications & Experience:
  • Minimum HSC, however, a degree in Banking / Finance / Accounting/LLB will be an advantage.
  • Minimum 3 years’ experience in the banking sector would be an advantage.
  • Legal knowledge would be an advantage.
  • Finacle (system) knowledge would be an advantage.

Please ensure all your personal, academic, and professional details are up to date. Any incomplete application will not be considered.

Management reserves the right not to make any appointment following this advertisement.

Job offer

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