Specialist- Credit Control & Sanction

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 120,000 - 160,000; Full time

Job summary

A leading financial institution in Abu Dhabi is seeking a Credit Facility Manager to oversee credit limits and guide team operations. Responsibilities include managing daily transactions, ensuring compliance, providing training, and improving processes. Ideal candidates possess a Bachelor's degree and at least 2 years of banking experience, particularly in credit management. This full-time position is non-remote.

Qualifications

• Minimum 2 years of relevant experience in the banking sector, particularly in credit facility management.
• Proven managerial experience and ability to guide a team.

Responsibilities

• Manage credit limits and guide team in transactions.
• Authorize and process credit limit encoding.
• Prepare daily transaction memos and reports.
• Ensure compliance with banking policies and regulations.
• Provide training and support to team members.

Skills

Credit limit management

Analytical skills

Communication skills

Problem-solving

Team management

Education

Bachelor's degree or related discipline

Job description

JOB PURPOSE

The role is responsible for managing of credit limits relating to credit facilities and guiding the team members in the day-to-day transactions with respect to limit encoding & control. Further he/she is responsible for ensuring that the team complies with the approved terms and adheres to policies process and procedures of FAB Head office representative offices international branches and regulators

• Authorize / Process/ Encode credit limits and to ensure accurate detailing into the Banks Systems along with maintenance of Banks & Country Limits as per Credit Approvals Maintaining accuracy with regards to application of interest rates commissions fees and charges.
• Authorize / Process / Prepare day to day transactions Loan memos Processing tickets PPC discounting/ settlements SVC etc
• Authorize / Process memos for provisioning of accounts customer grade changes suspension of interest and passing relevant write-off entries.
• Authorise /Process limits for approvals received from Credit for Initial CA / Annual Review/ Extension Memo / Interim & Administrative Memo
• Authorise /Process Bulk upload for limit extensions for Corporate PCG Investment Banking Clients and FI limits
• Authorise /Process downgrade upgrade of counterparties in system and Central Bank as per Credit Approval
• Authorise /Process and prepare monthly reports such as CBRB mismatch report and mismatch in ORR between credit application and GLCMS.
• Authorise /Process RB code in both systems GLCMS and T24 and give confirmation to stakeholders on limits before closing of account.
• Ensure 100% satisfaction rating by internal customers by providing superior service quality manage internal customer relationships and ensure that queries and exceptions are addressed efficiently with proactive measures.

• Authorize / Prepare Liability/No Liability Certificates / Letters.
• Ensure timely response to service and support requests queries escalations and deficiency reports.
• Stay abreast of latest developing concepts new regulations by the UAE Central Bank other legal entities and Corporate Credit guidelines
• Ensure adherence to published Standard Operation Procedures (SOP) Service level agreements (SLAs) and understanding of relevant products procedures and Delegation of Authority (DOA) of the Bank.
• Support Team Leader (TLs) in distributing work among team members and ensure smooth flow of day-to-day transactions.
• Assist TLs in monitoring work submission channels (emails and other workflow management systems in use) for daily task allocation within the Unit to ensure task completions and update internal stakeholders accordingly.
• Authorize / Prepare instruction memos to Loan operations for disbursement changes in repayment settlements maintenance and collection of various fees etc
• Authorize / Prepare instruction Memos to Client Service (CS) team for release of excess margin held against facilities as per approved terms.
• Authorize / Prepare instruction memos for amendment of interest rates of overdraft pricing linked to fixed deposits deferring loan instalments extending loan maturity date etc.
• Authorize / Process / Encode Bank and Country limits as per approval
• Authorize / Process upload of interest rates codes in Bank systems
• Prepare various reports as and when requested by HO-CCU & Sanction/HO-CAD/Senior Management
• Undertake special projects/assignments as and when requested by Line Manager/ HO-CCU& Sanction / HO- CAD/ Senior Management.
• Report KRIs and Operational loss incidents in a timely manner.
• Proactive engagement with key stakeholders and ensure operational continuity without any process breach
• Recognize and highlight process enhancement opportunities.
• Provide guidance and on the job training for staff conduct knowledge sharing sessions and monitor performance of the team.
• Ascertain adequate training of team members
• Ensure adequate back-ups for self and team members during leave period
• Timely archiving of transactional documents as per Units process.
• Maximize available manpower to meet business deliverables.

KEY ACCOUNTABILITIES

• Policies Systems Processes & Procedures
• Follow all relevant departmental policies processes standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
• Demonstrate compliance to organizations values and ethics at all times to support the establishment of a value drive culture within the bank.
• Continuous Improvement
• Contribute to the identification of opportunities for continuous improvement and sustainability of systems processes and practices considering global standards productivity improvement and cost reduction.
• Reporting
• Assist in the preparation of timely and accurate statements and reports to meet department requirements policies and quality standards.

Qualifications

Minimum Qualification

• Bachelors degree or related discipline.

Minimum Experience

• Relevant experience in the banking sector with at least 2 years in similar positions of progressively increasing managerial responsibilities in the credit facility function.

Remote Work

No

Employment Type

Full-time