Senior Officer- Documentation CCB-DXB

First Abu Dhabi Bank; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading bank in the UAE seeks a skilled professional for a Fulltime Corporate Banking role. The candidate will oversee the preparation and management of documentation for credit facilities, ensuring compliance with regulatory and internal standards. The role requires a Bachelor's Degree in Accounting/Finance and 13 years of relevant experience, including 3 years in Corporate Credit Administration. Proficiency in banking software and attention to detail are essential for success in this fast-paced environment.

Qualifications

• 13 years experience in Corporate Banking with at least 3 years in Corporate CAD.
• Good knowledge of U.A.E. legal environment & Central Bank regulations.
• Ability to work under pressure and fast learner.

Responsibilities

• Prepare and vet documentation relating to credit facilities.
• Ensure enforceability/authenticity of security documents.
• Maintain up-to-date collateral data in the Banks system.

Skills

Banking software systems

Microsoft Excel

Microsoft Word

English language proficiency

Knowledge of Banking Products

Teamwork

Attention to detail

Education

Bachelor's Degree in Accounting/Finance

Job description

Responsibilities

• The role is responsible for preparation and vetting of documentation relating to credit facilities and accurate detailing before inputting the same into the Banks system. Further he/she is responsible for ensuring the enforceability/authenticity of the security documents executed by the customers.
• Preparing the inhouse Bank standard Facility Offer Letter/ Term Loan Agreement security / support documentation and check the internal legal negotiated documents in accordance with the credit approvals.
• Ensuring all security / support documents lodged for inhouse documentation have been properly executed and signatures are verified and authenticities of the signatories are supported by resolution / POA.
• Ensuring rectification of existing discrepancies / deficiencies in security documentation for facilities released under legacy records.
• Ensuring approval from relevant authorities is held for deferral / waiver of incomplete documents.
• Ensuring integrating accurate and timely internal reporting and regulatory reporting.
• Preparing documentation deficiency (expired / deferred documents) reports and following up for its timely submission / renewal.
• Maintaining up to date collateral data in the Banks system.
• Performing periodical cleanup of old and obsolete security documents to keep updated / valid security documents in the security folder.
• Verifying and confirming periodically at the renewal of credit lines all required security / support documents are physically held in safe custody.
• Ensuring all security documents are kept safe in the vaults and a checklist maintained in the file.
• Lodging security documents / collaterals in the Banks system.
• Reviewing / verifying approvals obtained for permanent release of collaterals security documentation and ensuring there are no liabilities or outstanding and facilities are cancelled.
• Advising Credit Control Unit for release of credit lines in the Banks system.

Qualifications

Knowledge & Experience:

• Bachelors Degree in Accounting / Finance. 13 years experience in Corporate Banking with at least 3 years experience in the Corporate CAD function. Skills:
• Knowledge and use of banking software systems basic PC skills and common MS applications like Excel and Word.
• Good knowledge of English language (both written and spoken).
• Good knowledge of Banks financial system.
• Very good knowledge of Banking Products / Corporate Credit Administration functions.
• Good knowledge of U.A.E. legal environment & Central Bank regulations.
• Team worker ability to work under pressure fast learner attention to details.

Remote Work

No

Employment Type

Fulltime