Job Vacancy – Collateral Management Officer (CMA)

Organization

NMB Bank Plc

📍 Duty Station: Head Office

📅 Opening Date: 03 June 2026
📅 Closing Date: 17 June 2026

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Position Summary

The Collateral Management Officer (CMA) is responsible for ensuring that all Collateral Management Agreement (CMA) facilities comply with approved credit conditions, collateral requirements, regulatory standards, and internal controls before drawdowns and stock releases are processed.

The role focuses on collateral monitoring, documentation verification, risk management, compliance, stakeholder coordination, and maintaining accurate collateral records within banking systems.

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Key Responsibilities

1. Credit Compliance & Drawdown Control

The successful candidate will:

• Ensure all credit approval conditions and Condition Precedents (CPs) related to CMA facilities are fully satisfied before submitting drawdown requests to Credit Operations.
• Verify compliance with approved facility terms and collateral requirements.
• Ensure utilization requests comply with approved credit conditions.

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2. Documentation Management

Responsibilities include:

• Reviewing and verifying all CMA-related documents, including:
  • Tripartite Agreements
  • Stock Reports
  • Insurance Policies
  • Commercial Contracts
  • Supporting Security Documents
• Ensuring all documentation is complete, valid, and compliant.
• Maintaining accurate and updated records for all collateral-related documents.

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3. Collateral Monitoring & Verification

The officer will:

• Verify collateral values before utilization and stock releases.
• Monitor collateral quality using CMA stock reports.
• Reconcile stock reports and identify discrepancies.
• Review warehouse inspection findings.
• Ensure stock financing arrangements remain adequately secured.

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4. System Administration & Record Management

The role requires:

• Maintaining accurate collateral records within:
  • Core Banking Systems
  • Collateral Management Tools
  • Tracking and Monitoring Registers
• Updating:
  • Stock values
  • Insurance details
  • Collateral information
  • Security documentation records

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5. Risk Management & Compliance

The successful candidate will:

• Ensure compliance with:
  • CMA procedures
  • Internal controls
  • Regulatory requirements
  • Internal audit recommendations
• Identify and escalate:
  • Exceptions
  • Variances
  • Documentation gaps
  • Early warning signals
• Support implementation of risk mitigation measures.

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6. Stakeholder Coordination

Responsibilities include:

• Coordinating with:
  • Collateral Managers
  • External Auditors
  • Regulators
  • Other relevant stakeholders
• Supporting collateral verification exercises.
• Organizing stakeholder engagement meetings.
• Preparing:
  • Agendas
  • Meeting documentation
  • Action trackers
• Following up on agreed action points.

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7. Performance Monitoring

The officer will:

• Monitor performance of collateral managers.
• Identify operational weaknesses and process gaps.
• Recommend corrective actions and improvements.
• Escalate significant issues to management.

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8. Reconciliation & Reporting

The role includes:

• Reconciling:
  • CMA stock positions
  • Borrower utilization levels
  • Approved facility limits
• Ensuring accurate reporting and documentation.
• Maintaining audit-ready records.

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Required Knowledge & Skills

Technical Knowledge

Applicants should possess strong knowledge of:

• Collateral Management Agreements (CMA)
• Warehouse Receipt Financing
• Stock Financing
• Credit Operations
• Secured Lending
• Security Perfection Processes
• Collateral Registration Requirements
• Banking Risk Management
• Regulatory Compliance Frameworks

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Professional Skills

Candidates should demonstrate:

• Strong analytical and problem-solving skills.
• Excellent attention to detail.
• Ability to review documentation critically.
• Strong communication and stakeholder management skills.
• Risk assessment and control monitoring capabilities.
• Ability to interpret credit approval terms and collateral conditions.
• Ability to work under pressure and meet deadlines.

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Computer Skills

Proficiency in:

• Microsoft Office Suite
• Core Banking Systems
• Collateral Management Systems
• Financial Reporting Tools

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Qualifications

Applicants must possess:

Education

Bachelor’s Degree in:

• Finance
• Banking
• Agribusiness
• Risk Management
• Economics
• Law
• Related disciplines

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Experience Requirements

Applicants should have:

• Minimum 3 years of relevant experience in:
  • Banking
  • Financial Services
  • Credit Operations
  • Risk Management
  • Compliance
  • Collateral Management

Added Advantage

Experience in:

• Collateral Management Agreement (CMA) structures
• Warehouse Receipt Financing
• Secured Lending Operations
• Collateral Management Systems

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Ideal Candidate Profile

The successful candidate should be:

• Detail-oriented and highly organized.
• Risk-conscious with strong compliance discipline.
• Analytical and solution-focused.
• Professional in stakeholder engagement.
• Capable of managing multiple tasks simultaneously.
• Committed to maintaining strong internal controls and governance standards.

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Equal Opportunity Statement

NMB Bank Plc is an Equal Opportunity Employer committed to creating a diverse and gender-balanced workforce.

Women and persons living with disabilities are strongly encouraged to apply.

NMB Bank Plc does not charge any fee at any stage of the recruitment process. Applicants should disregard any request for payment related to recruitment.

Only shortlisted candidates will be contacted.

How to Apply:

To submit your application, please follow the link provided below.

CLICK HERE TO APPLY