Credit Admin - Banking Jobs in UAE

Please note candidates currently available in UAE only need to apply

Job Title: Credit Admin controller corporate – Arabic speaking only

Salary: AED 16K- 21K + Bonus + Benefits

Reports to: Manager Credit Admin

Arabic speaking preferred, open to non UAE experience.

To ensure effective delivery of centralized credit administration functions in compliance with internal objectives and guidelines as well as external regulations, to the full satisfaction of both internal and external customers and to assist Manager Credit Administration in carrying out various functional responsibilities.

Job Accountabilities and Responsibilities

-Act as a primary link in co-ordinating credit administrative and related operational issues with Corporate Credit Units.
-Co-ordinate with various departments in matters related to credit administration functions.
-Liaise with lawyers on various matters related to documentation issues, etc.
-Responsible for all daily operations of Centralized Credit Administration .
-Approve Transaction Tickets raised by Units for disbursement/rescheduling of Medium/Short Term Loans, after ensuring that the loans are within approved limits.
-Authorized signatory to customer facility letters.
-Monitor various reports i.e. Overdrafts Excess Report; Past Due Advances Report; Classified Accounts Report; Pending Documents Report, etc. and ensure to meet deadline for despatch to relevant authorities.
-Approving of system maintenance pertaining to : Loading of Limits; Tariffs: Interest Rates; etc. upon completion of documentation and compliance with Head Office Credit Dept., approval Terms
-Checking of security documents received from Units to ensure that documentation has been properly completed and authorize completed documents for lodgement in safe custody.
-Joint custodian of all security documents lodged in safe custody.
-Review of timely despatch of facility offer letters and security documents to Unit with relevant comments and observation.
-Supervision of the LBD drawer report system
-Supervision of reporting of customer data under the U.A.E Central Bank , Credit Risk Bureau System.
-Authorising the release of security documents from safe custody as and when approval is received from Head Office Credit Dept.
-Various other matters related with credit administration functions and tasks assigned by Manager Credit Administration.
-Liaise with U.A.E Central Bank with matters related to reporting data of customers
-Attending to enquiries/requirements of external and internal auditors
-Attending to providing information to Central Bank auditors on credit related matters during time of audit
-Providing various credit related information to Management as and when required.
-Monitor all deferrals and ensure timelines for rectification of documentation are met.
-Monitor covenants and issue exception reports where required

Education level
University degree in Commerce, Finance or Banking
Professional Qualifications
Preferably a Banking Diploma

Work Experience
Minimum 8 years of banking experience with good credit related background, of which at least 5 years should be as an Officer in Credit Administration department of a Bank.

Specialist Skills/Competencies Required for the Role
·Good knowledge of banking operations with strong leadership skills.
·Good command of English and communication skills.
·Good PC skill.
·Good understanding of legal and regulatory requirements, security documentation and credit processes.

Email your CV to wasim@imc-dubai.com with "Credit Admin controller Jobs123.com" in the subject line