Elements and Performance Criteria
- Identify available securitisation options
- Assess if security is required and identify appropriateness of securities available
- The customer's risk profile is determined
- Risk analysis is undertaken in accordance with organisation guidelines for securitisation to determine requirement for security
- Where security is required the range of securities available is identified and determination is made as to which are appropriate to the type of credit facility
- Valuations may be conducted and assets analysed where applicable to confirm value of security
- Apply appropriate security
- Reasons for the necessity of security are fully and clearly detailed to customers, verbally or in writing, using clear communication and reliable assistance to ensure good customer relations
- Negotiation may occur with the customer in the determining of the security arrangement within defined parameters and organisation guidelines and obligations
- Security interest is registered in accordance with legislative requirements
- Monitor and review effectiveness of security arrangement