Manager Credit Control

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial institution in Abu Dhabi is seeking a candidate to manage credit limits related to credit facilities. The successful applicant will oversee team members in daily tasks related to limit encoding and control, ensuring adherence to policies and regulations. Responsibilities include preparing memos related to limits and maintaining accuracy in bank systems. This role is crucial for compliance with established terms and processes.

Responsibilities

• Manage credit limits relating to credit facilities.
• Guide team members on day-to-day transactions regarding limit encoding.
• Ensure compliance with approved terms and policies.

Job description

Overview

The role is responsible for managing credit limits relating to credit facilities and guiding the team members in the day-to-day transactions with respect to limit encoding and control. The role ensures the team complies with approved terms and adheres to policies, processes, and procedures of FAB Head Office representative offices, international branches, and regulators. The role authorizes, processes, encodes, and maintains credit limits and related activities in bank systems, ensuring accuracy in interest rates, commissions, fees, charges, write-off entries, and all limit-control tasks. It also involves authorizing and preparing various memos and instructions related to limits, approvals, and variations from UAE and international branches in line with the approved operating model and local regulations.