Specialist- CB CAD - UAE Nationals Only

Specialist- CB CAD - UAE Nationals Only

First Abu Dhabi Bank
6-8 years
Not Specified

Job Description



Job Description

The role is responsible for preparation and vetting of documentation (Conventional & Islamic) 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, security / support documentation (Conventional & Islamic) in accordance with the credit approvals.
  • Ensuring all 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 loans 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.
  • Ensuring all 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.
  • Reviewing / verifying approvals obtained for permanent release of collaterals, security documentation and ensuring there are no liabilities or outstanding and facilities are cancelled.
  • Advising Credit Controllers to encode credit lines in the Bank's system.
  • Liaise with relevant Municipality/Lands dept. Developers, Customers, Business/Sales/Branches, Credit & Collection departments with regards to registration / release of mortgages.
  • Visit to relevant Municipality/Lands dept., Developer's offices and complete the mortgage registrations / release of mortgages.
  • Arrange appointments with business/sales/branches, customer's/buyer/seller, relevant Municipality/Lands dept. Developer's with regards to mortgage registrations / release of mortgages.
  • Liaise with buyout banks / other banks with regards to handover/receiving documents for registration of mortgages / release of mortgages and completing buyout process.
  • Registration of title deeds & mortgage contracts with relevant Municipality/Lands dept.
  • Preparing & signing, mortgage contracts, mortgage release letters & preparing NOCs addressed to relevant Municipality/Lands dept., Developers, Court etc.
  • Ensure all the registration of mortgages / release of mortgages / issuance of NOCs etc. are in line with approval terms & conditions.
  • Regularly monitoring MIS of pending mortgage registrations, mortgage release request queue 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 Commercial Banking & Consumer Banking with at least 6 years experience in the Commercial Banking & Consumer Banking CAD function.

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 Banking Products / Commercial Banking & 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.

Job Details

Employment Types:

Industry:

Other

Function:

Now it's your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We're looking for the brightest and best to help us reach our goals and we'll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.

Similar Jobs

People Also Considered

Data Not Available

Career Advice to Find Better

Simple body text this will replace with orginal content