Senior Credit Documentation Officer

ADIB - Abu Dhabi Islamic Bank; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading Islamic bank is seeking a Senior Credit Documentation Officer in Dubai. This role involves ensuring compliance with credit approval terms, preparing security documents, and updating credit-related information. The ideal candidate should have 7-10 years of banking experience, with a focus on credit documentation. The role requires excellent communication skills in English, and knowledge of Arabic is preferred. The position offers opportunities to assist in SOP implementation and provide top-notch customer service.

Qualifications

• 7-10 years of banking experience required.
• 3+ years’ experience in credit documentation and operations.
• Understanding of Islamic Credit Products is essential.

Responsibilities

• Ensure compliance with credit approval terms.
• Prepare and review security documents for legal compliance.
• Update systems with credit-related information.
• Assist in implementing Credit Review Audit recommendations.
• Provide customer service and maintain turnaround times.
• Support in SOP formulation and implementation.
• Log irregularities and obtain approvals.
• Maintain safe custody of credit documentation.

Skills

Understanding of Bank's Policies

Understanding of Islamic Credit Products

Analytical ability and PC skills

Effective communication skills in English

Knowledge in Arabic

Ability to work independently

Job description

Overview

Role: Senior Credit Documentation Officer

Location: Dubai

Role Purpose: The role 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 laid down in the Credit Policy, Product Manuals and department SOPs, compliance to documentation standards in terms of security and facility agreements.

Responsibilities

• Ensure that 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 for the assigned segment. If not, specific waiver / deferral must be available on record.
• To prepare and review FOL/Agreements/Security documents to ensure compliance to legal standards, credit policies and approvals under the supervision of Team leader.
• Ensure timely update of all systems with credit related information such as Risk rating, Expiry dates and Collateral details.
• Assist the Team Leader in timely implementation of recommendations of Credit Review / Audit Department.
• Provide the best customer service to business partners and maintain turnaround time as per SLAs for handling and releasing facility limits.
• Provide assistance to the Manager in formulating and implementing SOPs for the department.
• Support Team Leader in completion of assigned projects.
• Identify irregularities/deviation/exceptions and log them into the exception report after obtaining required approvals for tracking and monitoring purposes.
• Update activities in daily log.
• Ensuring adequate safe custody of all Credit and security documentation for assigned segment.
• 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.
• Act as a backup for Custodian for Custodian of security chubb keys.
• Report on customer exposure details to Central Bank
• Report overdue exceptions to business and Risk Managers monthly.

Specialist skills / technical knowledge

• A thorough understanding of Bank’s Policies and product knowledge.
• A thorough understanding of Islamic Credit Products.
• Good understanding of technological issues with sound analytical ability and PC skills.
• Effective communication skills in English and preferably knowledge in Arabic.
• Ability to work independently with minimal supervision.

Experience

• 7 – 10 years of banking experience with 3+ years’ experience in credit documentation and operations.