Senior Officer- CCB & IB Loans Operations (Emiratized Role)

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

Job summary

A leading bank in the UAE is seeking a Loan Processor to handle corporate loans and related transactions. Responsibilities include processing new loans, booking fees, and ensuring compliance with policies. The ideal candidate has a bachelor's degree and 4-6 years of relevant banking experience. This is a full-time, on-site role without remote work options.

Qualifications

• 4-6 years relevant experience in the banking sector.
• At least 4 years in corporate loan processing roles.

Responsibilities

• Process new loans and loan-related maintenance in core banking.
• Booking various fees and internal fund transfers.
• Ensure error-free processing within agreed SLAs.
• Participate in UAT activities and handle loan-related queries.

Skills

Loan processing

Account reconciliation

Compliance knowledge

Education

Bachelor's degree in Commerce, Accounting, or Finance

Job description

JOB PURPOSE:

This role is primarily responsible for processing the following category of loans and related transactions:

• Conventional Loans- Corporate loans such as Syndicated and Bilateral.
• Islamic facilities such as Murabaha and Ijarah.

In addition to disbursals, the role involves processing of loan amendment activities such as - change of pricing, tenor, repayment schedules, rollover settlements, and past due recoveries.

Detailed Responsibilities

• Set up/Input and processing of new loans and other loan related maintenance activities (Settlements, pricing change, repayment schedule updates, etc.) received from CAD in the Core banking system
• Booking of various fees and internal fund transfer in the Core Banking system
• Blocking and unblocking of accounts in the system
• Diarizing of transactions
• Providing remittance instruction for Syndicated loan proceeds to Payment Centre
• Performing internal account reconciliations and follow-ups on outstanding/pending dues
• Ensuring efficient error free processing of transactions with strict compliance to policies, DOA, SOP, and within the agreed SLAs
• Involvement and participation in various UAT activities.
• Handling loan related queries raised by internal stakeholders
• To minimise operations risks for the Bank by ensuring that all transactions that are processed comply fully with underlying customer or internal instructions.
• Ensuring conformance to internal procedures / policies / guidelines and local and international norms and regulations as applicable
• Undertaking all daily-processing activities related to a particular product or sub function
• To participate actively in the various initiatives within section / unit / department/division/group and the Bank as and when required.
• To engage on any other activity falling within pretext of a Processor
• Providing periodical reports and management information for effective decision making

Qualifications :

Minimum Qualification

• Bachelor's degree in Commerce, Accounting, and Finance or related discipline.

Minimum Experience

• 4-6 years relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in Corporate Loans processing.

Remote Work :

No

Employment Type :

Full-time