Manager - Credit Control

ADIB - Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 240,000 - 360,000; Full time

Job summary

ADIB - Abu Dhabi Islamic Bank in Abu Dhabi seeks a Manager - Credit Control to act as the last filter in limit approvals, ensuring compliance with credit policies, product manuals and SOPs. The role covers wholesale, business banking and financial institutions, including syndications.

The candidate will oversee documentation, security files and follow-up actions, supervise workflows, and support relationships managers while maintaining timely processing per SLAs.

Qualifications

• 10-12 years of Banking experience with more than 5 years in credit administration/documentation.
• Understanding of Commercial products/Islamic Banking and related risk implications.
• Strong knowledge of UAE company laws and legal issues in commercial financing.
• Effective communication in English; knowledge of Arabic preferred.

Responsibilities

• Authorize credit limits in systems for all assigned segments after ensuring terms and conditions are met.
• Scrutinize facility documentation and related securities for Wholesale, SME, syndication and FI.
• Prepare/Review of facility and security documentation ensuring terms per approved CA.
• Participate in user testing for system enhancements related to credit control.
• Update systems with credit information such as risk ratings, expiry dates, and collateral details.
• Identify irregularities and ensure proper tracking in relevant systems.
• Prepare documentation checklists for clients within the assigned segment.
• Process release of security requests after approvals and settlements.
• Support Unit Manager in managing resources for Limit Management and Documentation.
• Assist and implement recommendations from Credit Review/Audit.
• Advise Relationship Managers and CCD staff when required.
• Provide maximum support to business partners and maintain SLAs for credit control functions.
• Review and report excess over limits in a timely manner.
• Assist Manager in formulating SOPs for the department.
• Report exceptions to business and Credit Managers monthly.
• Support registering and releasing mortgage with Land department.

Skills

Islamic Banking

Credit control

Risk analysis

Documentation

English communication

Arabic language

UAE law

Problem solving

Job description

• The position acts as the last filter in the limit approval process where the exposures undertaken by the Bank of its customers are being reviewed and scrutinized for its adequacy /correctness in terms of approvals, adherence to Credit policies, Product Manuals and department SOP’s, compliance to documentation standards in terms of security and facility agreements. It covers managing different business segments with focus on Wholesale Banking, Business Banking & Financial Institutions (including syndicate financing).
• To ensure that Bank is always protected with appropriate source documents, legally enforceable charge documentation / securities, duly assigned insurance policies and adequate underlying value of securities prior to release of limits and are effectively controlled and monitored through a follow up system for routine actions.
• Organize the team assignments, supervise workflows and oversee operations for the assigned business segments.

Role: Manager - Credit Control

Location: Abu Dhabi

Role Purpose:

• The position acts as the last filter in the limit approval process where the exposures undertaken by the Bank of its customers are being reviewed and scrutinized for its adequacy /correctness in terms of approvals, adherence to Credit policies, Product Manuals and department SOP’s, compliance to documentation standards in terms of security and facility agreements. It covers managing different business segments with focus on Wholesale Banking, Business Banking & Financial Institutions (including syndicate financing).
• To ensure that Bank is always protected with appropriate source documents, legally enforceable charge documentation / securities, duly assigned insurance policies and adequate underlying value of securities prior to release of limits and are effectively controlled and monitored through a follow up system for routine actions.
• Organize the team assignments, supervise workflows and oversee operations for the assigned business segments.

Key accountabilities of the role:

• Authorize credit limits in system for all assigned segments after ensuring all terms and conditions stipulated in the Credit Approval as precedent to disbursement of limits have been duly complied with and all securities and required documents have been obtained prior to releasing limits.
• Scrutinize facility documentation & related securities for Wholesale bank, SME & syndication & FI
• Preparation/Review of FOL, credit facility and security documentation and ensure all terms and conditions as per the approved CA have been incorporated.
• Participate in User testing for various system enhancements/changes related to credit control functions amongst different assigned projects.
• Ensure timely update of all systems with credit related information such as Risk rating, Expiry dates and Collateral details.
• Identify irregularities/deviation/exceptions and update relevant systems to ensure proper tracking.
• Preparation of documentation checklist for all clients within the assigned segment.
• Process release of security requests after ensuring required approvals have been obtained and facilities have been settled.
• Assist and support the Unit Manager in managing the resources available in conducting the related responsibilities related to Limit Management and Documentation effectively and efficiently, which facilitates offering better business partner support without compromising on any control features.
• Assist the line manager in timely implementation of recommendations from Credit Review / Audit Department.
• Extend proper advice and assistance to Relationship Managers and CCD staff whenever required.
• Provide the best support to business partners and maintain turnaround time as per SLAs for handling credit control related functions.
• Review and report Excess over limits in a timely manner.
• Provide assistance to the Manager in formulating and implementing SOP’s for the department.
• Report exceptions to business and Credit Managers on a monthly basis.
• Support the unit in registering and releasing mortgage by visiting Land department.

Specialist skills / technical knowledge required for this role:

• A thorough understanding of Commercial products/ Islamic Banking and the implication of risks relating thereto with a proactive approach to problem solving.
• Good understanding of technological issues with sound analytical ability and PC skills.
• Thorough understanding of UAE company Laws and fair acquaintance with Legal issues attaching to commercial financing.
• Effective communication skills in English and preferably knowledge in Arabic.
• Knowledge of Islamic / Sharia complaint banking products / practices.

Previous experience required (if any):

• 10 to 12 years of Banking experience of which more than 5 years in the area of credit administration / documentation.