Company Description

Join the UAE\'s largest bank and one of the world\'s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.



JOB PURPOSE:

This role is primarily responsible for processing the following category of loans and related transactions :

• o Conventional Loans- Corporate loans such as Syndicated and Bilateral
• Islamic facilities such as Murabaha and Ijarah

In addition to disbursals, the role involves processing of loan amendment activities such as - change of pricing, tenor, repayment schedules, rollover, settlements and past due recoveries.

Detailed Responsibilities

• Set up/Input and processing of new loans and other loan related maintenance activities (Settlements, pricing change, repayment schedule updates etc.) received from CAD in the Core banking system
• Booking of various fees and internal fund transfer in the Core Banking system
• Blocking and unblocking of accounts in the system
• Diarizing of transactions
• Providing remittance instruction for Syndicated loan proceeds to Payment Centre
• Performing internal account reconciliations and follow-ups on outstanding/pending dues
• Ensuring efficient, error free processing of transactions with strict compliance to policies, DOA, SOP and within the agreed SLAs
• Involvement and participation in various UAT activities
• Handling loan related queries raised by internal stakeholders
• To minimise operations risks for the Bank by ensuring that all transactions that are processed comply fully with underlying customer or internal instructions
• Ensuring conformance to internal procedures / policies / guidelines and local and international norms and regulations as applicable
• Undertaking all daily-processing activities related to a particular product or sub function
• To participate actively in the various initiatives within section / unit / department/division/group and the Bank as and when required
• To engage on any other activity, falling within pretext of a Processor
• Providing periodical reports and management information for effective decision making

Qualifications

Minimum Qualification

• Bachelor\'s degree in Commerce, Accounting and Finance or related discipline

Minimum Experience

• 4-6 years\' relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in Corporate Loans processing

First Abu Dhabi Bank