Escrow Account Services Specialist - Real Estate Compliance
Join First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the most secure financial institutions worldwide, as an Escrow Account Services Specialist in Abu Dhabi. This full-time role is tailored for professionals with expertise in Escrow banking operations and regulatory compliance in the UAE real estate sector. You\'ll play a vital part in supporting regulatory adherence, client management, and seamless Escrow service delivery for our corporate real estate clients.
Job Location: Abu Dhabi, United Arab Emirates
Job Industry: Banking
Job Function: Escrow Services
Salary: Negotiable
Gender: Any
Candidate Nationality: Any
Candidate Current Location: Any
What Does an Escrow Account Services Specialist Do?
This role involves overseeing the setup, compliance, and reporting of real estate Escrow accounts in alignment with UAE regulatory authorities such as RERA, DUPM, and RAK-RERA. The specialist will ensure that all Escrow processes meet regulatory standards and that clients and stakeholders receive timely and accurate support throughout the Escrow lifecycle.
What Are the Key Responsibilities?
- Facilitate the opening of Main and Retention Escrow accounts in coordination with CAD and real estate regulatory authorities
- Liaise with developers, auditors, and regulators to gather documentation and finalize audit reports based on agreed scopes
- Update regulators and internal systems (e.g., TAS) with Escrow account details and project information
- Monitor developer requests received through regulatory portals and validate their compliance with UAE Escrow laws
- Support CIB and select Business Banking clients with their Escrow-related needs
- Collaborate with GTB Advisory, Payment Centre, Client Services, Operations, and Relationship Managers to ensure a smooth onboarding and servicing process
- Educate clients on UAE Escrow regulations, rights, and obligations
- Assist in reviewing client agreements and service-level terms to ensure alignment with regulatory and internal compliance standards
What Skills Are Needed for This Role in Abu Dhabi?
Education and Experience:
- Minimum 5 years of experience in Escrow services, banking operations, or project finance
- Previous exposure to corporate banking, real estate development, or GTB products preferred
Technical Skills:
- Deep knowledge of UAE Escrow laws and regulatory practices
- Strong understanding of cash management, electronic banking platforms, and regulatory portals
- Proficiency in English (business-level fluency is essential)
Interpersonal Skills:
- Excellent customer service and client engagement skills
- Strong communication and collaboration abilities with both internal and external stakeholders
- Ability to work independently with attention to detail and regulatory precision
What Benefits Come with This Position?
- Opportunity to work with leading real estate developers and regulatory entities in the UAE
- Exposure to high-profile commercial projects and advanced banking compliance systems
- Career development within one of the region's most prestigious financial institutions
- Collaborative work environment focused on innovation, client service, and regulatory excellence
About the Company
FAB is the UAE's top bank and one of the most secure institutions globally, headquartered in Abu Dhabi at Khalifa Business Park. With a strong international footprint across five continents, FAB offers customized banking solutions through its Corporate and Investment Banking and Personal Banking divisions. Committed to excellence, FAB supports sustainable growth for its clients and stakeholders through cutting-edge technology, regulatory compliance, and customer-centric service.
Apply now to support regulatory integrity and client trust in UAE's leading Escrow services environment.
Job Title Escrow Account Services Specialist - Real Estate Compliance
Escrow Account Services Specialist - Real Estate Compliance
Join First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the most secure financial institutions worldwide, as an Escrow Account Services Specialist in Abu Dhabi. This full-time role is tailored for professionals with expertise in Escrow banking operations and regulatory compliance in the UAE real estate sector. You\'ll play a vital part in supporting regulatory adherence, client management, and seamless Escrow service delivery for our corporate real estate clients.
Job Location: Abu Dhabi, United Arab Emirates
Job Industry: Banking
Job Function: Escrow Services
Salary: Negotiable
Gender: Any
Candidate Nationality: Any
Candidate Current Location: Any
What Does an Escrow Account Services Specialist Do?
This role involves overseeing the setup, compliance, and reporting of real estate Escrow accounts in alignment with UAE regulatory authorities such as RERA, DUPM, and RAK-RERA. The specialist will ensure that all Escrow processes meet regulatory standards and that clients and stakeholders receive timely and accurate support throughout the Escrow lifecycle.
What Are the Key Responsibilities?
- Facilitate the opening of Main and Retention Escrow accounts in coordination with CAD and real estate regulatory authorities
- Liaise with developers, auditors, and regulators to gather documentation and finalize audit reports based on agreed scopes
- Update regulators and internal systems (e.g., TAS) with Escrow account details and project information
- Monitor developer requests received through regulatory portals and validate their compliance with UAE Escrow laws
- Support CIB and select Business Banking clients with their Escrow-related needs
- Collaborate with GTB Advisory, Payment Centre, Client Services, Operations, and Relationship Managers to ensure a smooth onboarding and servicing process
- Educate clients on UAE Escrow regulations, rights, and obligations
- Assist in reviewing client agreements and service-level terms to ensure alignment with regulatory and internal compliance standards
What Skills Are Needed for This Role in Abu Dhabi?
Education and Experience:
- Minimum 5 years of experience in Escrow services, banking operations, or project finance
- Previous exposure to corporate banking, real estate development, or GTB products preferred
Technical Skills:
- Deep knowledge of UAE Escrow laws and regulatory practices
- Strong understanding of cash management, electronic banking platforms, and regulatory portals
- Proficiency in English (business-level fluency is essential)
Interpersonal Skills:
- Excellent customer service and client engagement skills
- Strong communication and collaboration abilities with both internal and external stakeholders
- Ability to work independently with attention to detail and regulatory precision
What Benefits Come with This Position?
- Opportunity to work with leading real estate developers and regulatory entities in the UAE
- Exposure to high-profile commercial projects and advanced banking compliance systems
- Career development within one of the region's most prestigious financial institutions
- Collaborative work environment focused on innovation, client service, and regulatory excellence
About the Company
FAB is the UAE's top bank and one of the most secure institutions globally, headquartered in Abu Dhabi at Khalifa Business Park. With a strong international footprint across five continents, FAB offers customized banking solutions through its Corporate and Investment Banking and Personal Banking divisions. Committed to excellence, FAB supports sustainable growth for its clients and stakeholders through cutting-edge technology, regulatory compliance, and customer-centric service.
Apply now to support regulatory integrity and client trust in UAE's leading Escrow services environment.
Post Details
Job Start Date 2025-04-20
Salary from 0.00
Salary to 0.00
Number of Vacancies 1
Location -
Location City : Abu Dhabi, United Arab Emirates
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location