Description

Senior Officer- Documentation CCB-AUH

First Abu Dhabi Bank (FAB) Al Qurm Business Park, Abu Dhabi, United Arab Emirates

Full-time

Division: GCOO

Sub Division: Credit - Administration

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.



ROLE PURPOSE

The role is responsible for preparation and vetting of documentation (Islamic & Conventional) relating to credit facilities and accurate detailing before inputting the same into the Bank\'s system. Further, he/she is responsible for ensuring the enforceability/authenticity of the security documents executed by the customers.

KEY ACCOUNTABILITIES

Preparing Facility Offer Letter and related set of ijara documents, security / support documentation in accordance with the credit approvals (Conv & Islamic)

Ensuring all Ijara set of documents, security / support documents have been properly executed, signatures are verified and authenticities of the signatories are supported by resolution / POA.

Ensuring rectification of existing discrepancies / deficiencies in security documentation for all facilities which have been disbursed.

Ensuring approval from relevant authorities is held for deferral / waiver of incomplete documents.

Ensuring integrating accurate and timely internal reporting and regulatory reporting.

Preparing & circulating documentation deficiency (expired / deferred documents) reports and following up for its timely submission / renewal.

Maintaining up to date collateral data in the Bank\'s system.

Performing periodical clean-up 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. If required.

Ensuring all ijara documents, security documents are kept safe in the vaults and a checklist maintained in the credit file.

Lodging security documents / collaterals in the Bank\'s system.

Regularly monitoring unit MIS of pending mortgage registrations and update the MIS accordingly.

Involve in Projects for automation of processes & process enhancements etc.

Be aware of property mortgage regulations / changes and provide updates to internal stakeholders as appropriate.

Coordinate & collaborate with all internal stakeholders and deliver the services seamlessly.

Ensure all the services are provided as per SLA and meets the TAT.

Qualifications

Knowledge & Experience:

Bachelor\'s Degree in Commerce / Finance. 6-8 years\' experience in Islamic Banking with at least 6 years\' experience in the Consumer Banking CAD Islamic functions of Real Estate.

Skills:

Knowledge and use of banking software systems, basic PC skills and common MS applications like Excel and Word.

Good knowledge of Arabic & English language (both written and spoken is a must).

Good knowledge of Bank\'s financial system.

Very good knowledge of Islamic Banking Products / Consumer 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.

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