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

Join First Abu Dhabi Bank, the leading bank in the Middle East, as a Senior Officer in Loans Operations. In this pivotal role, you will be responsible for managing various loan categories, ensuring compliance and accuracy in transactions, and supporting the operational needs within group operations. Ideal candidates should possess a Bachelor's degree in Finance-related fields and have relevant banking experience, particularly in corporate loan processing.

Qualifications

• 4-6 years of relevant banking experience, including at least 4 years in progressively responsible roles in corporate loan processing.

Responsibilities

• Process new loans and manage amendments in the system.
• Disburse loans and handle internal stakeholder queries.
• Ensure compliance with policies and regulations.

Skills

Financial Analysis

Loan Processing

Compliance

Risk Management

Education

Bachelor’s degree in Commerce, Accounting, Finance or related field

Job description

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

• Full-time
• Sub Division: Group Operations
• Division: GCOO

Join the #1 bank in the Middle East and a prestigious financial institution in the region. We seek talented individuals to help us achieve our goals and support your career growth. Be a pioneer in the company and the industry by leaving your legacy.

JOB PURPOSE:

This role involves processing various loan categories and related transactions:

• Conventional corporate loans such as Syndicated and Bilateral.
• Islamic facilities including Murabaha and Ijarah.

Responsibilities include disbursing loans and managing amendments like pricing, tenor, repayment schedules, rollovers, settlements, and recoveries of past dues.

Detailed Responsibilities

• Input and process new loans and related activities (settlements, pricing changes, repayment updates) received from CAD in the Core banking system.
• Book fees and transfer funds within the system.
• Block/unblock accounts as needed.
• Maintain transaction diaries.
• Provide remittance instructions for syndicated loans to Payment Centre.
• Perform internal account reconciliations and follow up on pending dues.
• Ensure accurate, compliant transaction processing within policies, SOPs, SLAs, and DOA.
• Participate in User Acceptance Testing (UAT) activities.
• Handle internal stakeholder queries related to loans.
• Minimize operational risks by ensuring transactions adhere to instructions.
• Follow internal procedures, policies, guidelines, and applicable regulations.
• Manage daily processing activities for assigned products or functions.
• Contribute to departmental and organizational initiatives.
• Perform any other activities within the scope of a Processor role.
• Provide periodic reports and management information for decision-making.

Minimum Qualifications:

• Bachelor’s degree in Commerce, Accounting, Finance, or related field.
• 4-6 years of relevant banking experience, including at least 4 years in progressively responsible roles in corporate loan processing.