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indeed

Senior Officer, Credit Control (Emiratised Role)

bankfab
Abu Dhabi, UAE
Full Time
Senior
1 months ago
Credit Limit ProcessingLoan OperationsFinancial ReportingBanking RegulationsT24GLCMS
Free

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Credit Limit ProcessingLoan OperationsFinancial Reporting
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Job Description

  • The role is responsible for Processing / Encoding of credit limits relating to credit facilities and ensure accurate detailing before inputting the same into the Bank’s system

Key Responsibilities

  • Process/ Encode credit limits to ensure accurate detailing into the Banks Systems along with maintenance of Banks & Country Limits as per Credit Approvals
  • Process / Prepare day to day transactions – Loan memos, Processing tickets, PPC discounting/ settlements, SVC etc
  • Process memos for provisioning of accounts, customer grade changes, suspension of interest and passing relevant write off entries
  • Prepare Liability/No Liability Certificates / Letters
  • Process / Encode and maintain limits for approvals received from Credit for Initial CA / Annual Review/ Extension Memo / Interim & Administrative Memo
  • Processing of Bulk upload for limit extensions for Corporate, PCG, Investment Banking Clients and FI limits
  • Process downgrade, upgrade of counterparties in system and Central Bank as per Credit Approval
  • Process and prepare monthly reports such as CBRB mismatch report and mismatch in ORR between credit application and GLCMS
  • Update RB code in both systems GLCMS and T24 and give confirmation to stakeholders on limits before closing of account
  • Ensure 100% satisfaction rating by internal customers by providing superior service quality
  • Ensure timely response to service and support requests, queries, escalations, and deficiency reports
  • Stay abreast of latest developing concepts, new regulations by the UAE Central Bank, other legal entities, and Corporate Credit guidelines

Qualifications & Experience

  • Minimum Qualification: Bachelor’s degree or related discipline
  • Minimum Experience: Relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing managerial responsibilities in the credit facility function

About Us

  • First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions
  • We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages

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