Specialist- Islamic Lending OPS (Emiratized Role)

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 60,000 - 90,000; Full time

Job summary

A leading financial institution in Abu Dhabi is seeking a Group COO for their SME & Consumer Banking Business. The incumbent will be responsible for processing credit administration activities, including managing Islamic retail products and ensuring document integrity. Candidates must hold a Bachelor's degree and have at least 13 years of experience in Credit Administration or Loan Operations. Strong knowledge of U.A.E. legal environment and banking software is essential. This is a fulltime, on-site position.

Qualifications

• Minimum 13 years of working experience in Credit Administration or Loan Operations.
• Good knowledge of U.A.E. legal environment & Central Bank regulations.
• Ability to work under pressure and a fast learner.
• Strong knowledge of UAE legal environment and Central Bank regulations.
• Ability to work under pressure, attention to detail, and teamwork.

Responsibilities

• Verify credit documents and customer data for case submissions.
• Review and process loan maintainances including settlements.
• Maintain records related to administrative functions.
• Receive and record all loans and forward files to Operations per agreed timelines.
• Process loan maintenances including settlements, Vehicle Mortgage and Release.
• Maintain records related to Admin functions and correspondence.
• Ensure accurate filing with correct date, branch name, and loan account numbers.
• Back up other staff during absences and handle special tasks as assigned.

Skills

Banking software systems

MS Excel

MS Word

English (written and spoken)

Banking Products Knowledge

Teamwork

Attention to details

Education

Bachelor's Degree

Job description

JOB PURPOSE:

The Group COO is an organization that enables business growth of First Abu Dhabi Banks SME & Consumer Banking Business meets the service aspirations of all our customers and remains an independent assurance provider of credit quality through the possession of sound credit risk product and market knowledge. Consumer Banking CAD IslamicPlain Mass Market Products is handling the document perfection disbursal settlements for Islamic retail customers.

The job will be responsible for processing credit administration activities pertaining to new acquisitions and bookings (topups) and maintenance for Islamic Retail Products. The role will require a deeper level of understanding of the mass products as it will also be responsible for processing collection cases (restructuring or rescheduling) for unsecured products and authorizing transactions for makers.

KEY ACCOUNTABILITIES:

Generic Accountability

• Act as a checker by verification and validation of genuineness of the credit documents and customer data for case submission within product remit.
• Review credit approval credit conditions and relevant documents and special instructions from Collections.
• Check if applications are complete with all required documents. Ensure the documents are filed properly in respective product file and security documents in a separate plastic folder.
• Receive and record all loans.
• Forward loans and credit facility files to Operations as per agreed TAT/cutoff times & accordingly update tracker.
• Receive review and process loan maintenances including settlements & Vehicle Mortgage & Release.
• Maintain records related to Admin functions such as; inward/outward mail statements acknowledgements and other important correspondence.
• Return PIL Auto Cards applications to source for any discrepancies.
• Collaborate with Distribution and internally within the team if rectification of the applications is required.
• Sort out Cards PIL and Auto loan applications and register them in respective registers and in some instances assigned them to the team.
• Execute any special tasks assigned by management from time to time.
• Act as a backup during the absence of other staff and as and when necessary.
• Ensure that Mandate Files are indexed accurately received securities are complete and there is no leftover documents.
• Ensure that Filing is done with correct date/ Branch name / Loan account numbers without any error.
• Ensure that at the endofthe Day left over Documents for scanning / indexing are kept overnight in the safe under dual custody.
• Process specialized cases such as National Loans and Unsecured loans restructuring.

Qualifications :

Minimum Qualification
Bachelors Degree with minimum 13 years of working experience in Credit Credit Administration or Loan Operations.

Minimum Experience

• 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 / SME & Personal Banking 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