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 Banking Processor responsible for managing conventional and Islamic loans. This role involves processing loan amendments and transactions in strict compliance with internal policies and governance. The ideal candidate has 4-6 years of relevant experience, with at least 4 years in corporate loans processing, and holds a degree in finance or related fields. This full-time position is based in Abu Dhabi, offering a dynamic environment and career growth opportunities.

Qualifications

• 4-6 years relevant experience in the banking sector.
• At least 4 years in corporate loans processing.
• Proven managerial responsibilities.

Responsibilities

• Process and set up new loans and related activities.
• Book fees and internal fund transfers.
• Ensure compliance with policies and regulations.
• Handle loan-related queries from stakeholders.
• Participate in user acceptance testing activities.

Skills

Loan processing

Financial analysis

Regulatory compliance

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

• Bachelors 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