Compliance jobs in Dubai

Job Title: Compliance Manager

The role is to manage and oversee the company’s compliance polices. The suitable candidate will also develop and implement any required changes to existing polices.

Develop, implement and ensure compliance across Aggreko.
Run due diligence programmes for new consultants.
Conduct visits to project offices for review of their files in order to ensure that they correlate to the information held within the main office.
Constant review of Aggreko’s ethical policy.
Manage the corporate entertainment polices and ensure they are being implemented.
Liaison with external and internal audit as required.

Excellent spreadsheet and database application experience.

Salary: 40,000 AED per month + package

Email your CV to alex.fox@jobs.hudson.com with "DB559403 Jobs123.com" in the subject line

Risk Coordinator jobs in UAE

Job Title: Risk Coordinator

Grade: 5

Reporting to : Risk Head directly

Salary: AED 10K + 12K

Purpose:To assist the Head of Risk Management and Unit Heads by recording, documenting and providing back end support to the Risk Function.
Job Accountabilities and Responsibilities
· To establish, maintain & upgrade all the risk management tracking systems, ensure key performance indicators are maintained within the baseline and agreed upon TAT are adhered to, and highlight/elevate exceptions/variances to Head of Risk Management.
· Compile & maintain database of all risk management policies & procedures (corporate governance/credit risk/market risk/liquidity risk/operational risk/compliance/anti-money laundering) and roles/mandates of committees (ALCO/Business Risk Committee/New Products Committee).
· Record and maintain minutes of the meeting of Business Risk Committee and Basel II Implementation Committee for the assigned tasks/projects and ensure compliance/close-out of the same.
· Provide administration support to the Head of Risk Management in the preparation of annual operational plans/balance scorecards, risk management strategy (and follow-up on the meeting of strategy and project milestones), portfolio reports and MIS for the executive management, Audit Committee and the Board of Directors.
· Data gathering and assistance in the preparation of the budget during the annual budgeting exercising and tracking of monthly budgetary variances ensuring follow up with all departmental heads of the Risk Management Group.
· Compile and maintain the database of the risk and credit portfolio of past dues & classified accounts and follow up with the respective areas in order to support the Head of Risk Management.
· Assist the Head of Risk Management in the preparation of all presentations, reports, analysis and follow up of action points agreed upon at every meeting.
Background and Experience
Education Level Required
Graduate
Work Experience
5 years (experience in an administrative role with extensive exposure to excel)
Specialist Skills Knowledge required for the Job
· Excellent MS Excel skills.
· Good analytical skills, communication and Power Point presentation skills.
· Good interpersonal skills.
· Attention to detail

Email your CV to alvin@imc-dubai.com with "Risk Coordinator Jobs123.com" in the subject line

Job Title: Credit Admin Controller

Grade: 7

Location: Masafi, Fujairah

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

Reports to: Manager Credit Admin

Arabic speaking, open to non UAE experience.

Job Purpose:
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 alvin@imc-dubai.com with "Credit Admin Controller Jobs123.com" in the subject line

Credit Risk jobs in UAE

Job Title: Credit Admin Officer

Location: Masafi, Fujairah

Salary: AED 14K - 17K

To minimise the credit risk of the Bank by ensuring an independent control over the credit process, ensuring compliance of all internal procedures and operational controls.

To provide an efficient and high quality centralised credit administration/documentation service

Job Accountabilities and Responsibilities
Review Limit Advice: Study the limit advices approved by Head Office and have a clear picture in mind regarding the constitutional documents required, contents of facility letter and list of security documents to be obtained.
Execution of Limit Advice: Verify the maintenance of new review date and /or reduction of limit if any, in the system ; ensure that the facility letter and security documents are prepared strictly as per terms of approval and forward the same to the Units and create a record of the same in Pending Activation File.
Limit Activation: After receipt of the offer letter and all required security documents executed by the customer from the Unit, ensure that necessary accounts are opened /limits are loaded at account levels in the System to enable the customers to commerce utilization of the new and /or increased limits and simultaneously ensuring that facility arrangements fee is recovered from the customer and interest rates and other tariffs are correctly recorded.
Balance Confirmation: Check are sign of f the balance confirmation letters provided too the customers auditors for the audit purpose and ensure that the Bank’s charges are recovered from the customers.
Lodgement of Securities: Ensure that the details of security documents provided by the customer are properly recorded in the ”Record of Security Documents lodged in safe Custody Forms” before its lodgement in safe custody.
Approval of TTs: Approve TTs raised b various units for loan disbursement/rescheduling; invoice discounting after ensuring that they are all with in the approved terms and conditions.
Monthly returns –loans against Deposits. Ensure reported correctly.
Quarterly Central Bank Returns of Dubai, Ensuring timely reporting of returns.
Assisting Asst. Manager Centralised Credit Administration (CCA) in submission of credit related internal management reports.
Assist other staff in their work in case of need
Education level
ØGraduate, preferably in Banking and Accounting
Professional Qualifications
Banking Diploma preferred

Background and Experience
Minimum of 5 years experience with reputed bank in credit administration and documentation and all other credit admin function. Working experience with other departments (i.e. operation and L/Cs ) will be added advantage.
Specialist Skills/Competencies Required for the Role
Very good knowledge of commercial companies law of U.A.E and knowledge about types of companies/establishments and Knowledge about product/facilities and risk involved on the facilities offered.

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

Bank jobs in UAE (Four Type of Jobs)

Bank jobs in UAE

We have some excellent openings with one of the leading banks in the UAE.

Kindly send your CV's with photo/NOC/Visa status with salary details on wasim@imc-dubai.com

Please note candidates currently available in UAE only need to apply others need not apply.

Please go through the job decription of all 4 positions and accordingly apply mentioning the post in subject line,candidates not meeting the criteria please do not apply.

1) Corporate Credit Manager- we have 4 positions (2 for corporate and 2 for commercial)Grade: 8Salary: AED 25K- 28K depending on experienceReporting to Credit Risk HeadJob Purpose: To process / scrutinize credit applications (CAs) pertaining to small and medium sized exposures received from Marketing Units by reviewing various associated credit risks and mitigates and to approve credits within delegated credit approval discretion, or make suitable recommendations thereon for consideration of the appropriate approval authorities to ensure booking of profitable risk assets. Moreover, to ensure effective monitoring and initiate necessary remedial action wherever deemed necessary with a view to enhance / improve the overall risk quality of the Bank’s advances portfolio and minimize losses.

Job Accountabilities and Responsibilities ·

Credit Review: In-depth analysis of credit proposals based on financial and non-financial parameters. Client calls, if necessary, to be made to add value to process. This function also includes review of individual daily transaction forwarded by unit via TT.·

Credit Rating: Each credit to be graded independently based on assessment of parameters laid down in BOFRAS or such other risk rating system that has been implemented.. Ensure upgrading and downgrading exercise is conducted on an on-going basis in order to have a realistic measure of overall portfolio mix at any given point in time.·

Credit Processing: Raise queries with marketing Units regarding the CAs and follow up with them for speedy response in order to ensure that the proposals are processed in an expeditious manner within the stipulated time-frame as per the Bank’s standard service level agreement guidelines / benchmark parameters.·

Credit Support: Provide appropriate guidelines to the Relationship Managers to ensure that the proposals are structured / tailored in line with the Bank’s prevailing credit policy, Unit’s Asset Writing Strategy, and is also in compliance with the guidelines of the UAE Central Bank·

Credit Recommendation: Where credit approval decisions are in excess of delegated financial powers, credit proposal is escalated to UHCR or a higher credit authority in the credit chain under cover of a formal memo detailing basis for recommending / not recommending the proposal. Same process is applicable to daily TT transactions. ·

Credit Approval: Within discretionary powers, wherever applicable, approve credits + transactions on merit and with responsibility. Each credit decision (both approval and declines) to carry a formal noting along with justification / reasons / basis. ·

Credit Administration:-

Maintain a close watch on expiries and accounts pending activation. Covenant adherence based on semi-annual / annual accounts forwarded by unit to be monitored. Any condition required to be fulfilled post-approval to be diarised and followed-up.-

Process Extracts of the CCC meetings covering proposals that have been cleared by the CCC, requiring approval of the Executive Committee and / or the Board of Directors for proposals that have been cleared by the Central Credit Committee-

Ensure that Limit Advices covering the approved facilities are issued accurately in a timely manner -

Process, Approve or Recommend the Transaction Tickets (TTs) initiated by the marketing Unit covering cash payments, clearing transactions and trade finance transactions -

Follow up with marketing Units for early settlement of past dues, timely submission of CAs, perfection of charge documentation covering facilities that have already been approved but limits are pending activation by CCA. -

Carry out periodic portfolio reviews to ensure a health and safety-check on the portfolio under job holders control.·

Credit Monitoring:-

Keep an eye out for past dues, excessive EOL occurrences, high return cheques in account, and then proactively work out remedial measures with unit & customer. Escalate credit to UHCR in case the situation warrants. In case of significantly deteriorated credits – maintain liaison with recovery department to assist in recovery efforts. -

Propose changes to existing forms and design new forms for use by the Department and / or marketing Units with a view to improve processes-

Visit clients jointly with the marketing Units for better understanding of their business-

Draft circulars to improve communication on credit related matters / issues.-

Propose changes to policy and procedural manuals to fit the changing environment and to ensure proactively that the Bank remains ahead of the game. -

Conduct credit workshops with a view to provide training to Credit Dept staff, Credit Analysts and Relationship Officers. -

Seek legal opinion from our legal advisors / lawyers wherever deemed necessary in co-ordination with Manager CCA-

Recommend changes to the approval mechanism and / or credit policy / procedure, wherever deemed necessary, with a view to expedite the approval process and ensure fast turn around.-

Complete tasks / projects assigned by the Unit Head Corporate Credit / HORM / GM from time to time.

Education levelGraduate Degree in Commerce or BBA with major in Finance or Banking

Professional qualificationsCertified Associate of the Chartered Institute of Bankers, London or equivalent

Work Experience At least 9 years of all-round Banking experience including exposure to Credit, Operations and Trade Finance areas. Core experience of at least 3 to 6 years in Credit Dept is essential out of which preferably at least 2 years in one of the leading UAE / GCC based Banks. Exposure to marketing area will be an added advantage.

Specialist Skills/Competencies Required for the Role·

Good analytical skills in relation to credit area.·

Good knowledge of the UAE and GCC market.·

Ability to structure / modify credit facility packages bearing in mind the risk-reward scenario and also the
Bank’s risk appetite for the customer and / or sector.·

Ability to identify early warning signals of potentially weak and non-performing accounts.·

Ability to assist and advise the marketing Units to plan an appropriate exit strategy / work-out arrangement.


2)Credit Admin Officer

Location: Masafi, FujairahSalary: AED 14K - 17K

Job Purpose: To minimise the credit risk of the Bank by ensuring an independent control over the credit process, ensuring compliance of all internal procedures and operational controls.To provide an efficient and high quality centralised credit administration/documentation service

Job Accountabilities and Responsibilities Review Limit Advice: Study the limit advices approved by Head Office and have a clear picture in mind regarding the constitutional documents required, contents of facility letter and list of security documents to be obtained.

Execution of Limit Advice: Verify the maintenance of new review date and /or reduction of limit if any, in the system ; ensure that the facility letter and security documents are prepared strictly as per terms of approval and forward the same to the Units and create a record of the same in Pending Activation File.

Limit Activation: After receipt of the offer letter and all required security documents executed by the customer from the Unit, ensure that necessary accounts are opened /limits are loaded at account levels in the System to enable the customers to commerce utilization of the new and /or increased limits and simultaneously ensuring that facility arrangements fee is recovered from the customer and interest rates and other tariffs are correctly recorded.

Balance Confirmation: Check are sign of f the balance confirmation letters provided too the customers auditors for the audit purpose and ensure that the Bank’s charges are recovered from the customers.

Lodgement of Securities: Ensure that the details of security documents provided by the customer are properly recorded in the ”Record of Security Documents lodged in safe Custody Forms” before its lodgement in safe custody.

Approval of TTs: Approve TTs raised b various units for loan disbursement/rescheduling; invoice discounting after ensuring that they are all with in the approved terms and conditions.Monthly returns –loans against Deposits. Ensure reported correctly.Quarterly Central Bank Returns of Dubai, Ensuring timely reporting of returns.Assisting Asst. Manager Centralised Credit Administration (CCA) in submission of credit related internal management reports.Assist other staff in their work in case of need

Education levelØ Graduate, preferably in Banking and Accounting

Professional QualificationsBanking Diploma preferred

Background and Experience(Identify the minimum education and experience required for the role)

Work Experience Minimum of 5 years experience with reputed bank in credit administration and documentation and all other credit admin function. Working experience with other departments (i.e. operation and L/Cs ) will be added advantage.

Specialist Skills/Competencies Required for the RoleVery good knowledge of commercial companies law of U.A.E and knowledge about types of companies/establishments and Knowledge about product/facilities and risk involved on the facilities offered.


3) Customer Relationship Manager – Wealth Management
We have an opening for CRM, Wealth mgmt-Candidate should have 3-4 years experience in investment services and bancassurance.

Grade: 7

Salary: AED 11K – 13K + IncentivesLocation: Dubai



4) Credit Admin controller corporate – Arabic speaking only
Location: Masafi, Fujairah

Salary: AED 16K- 21K + Bonus + BenefitsReports to: Manager Credit Admin

Arabic speaking preferred, open to non UAE experience.

Job Purpose: 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 levelUniversity degree in Commerce, Finance or Banking

Professional QualificationsPreferably 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 "Jobs123.com" in the subject line