banking jobs in UAE | Commercial Bank of Dubai careers

 banking jobs in UAE | Commercial Bank of Dubai careers

Commercial Bank of Dubai announced, through its Linkedin account, a bank job in UAE (Manager Limits & Collateral Management) according to the following:

• Responsible for all the e2e Checker activities covering Limits & collateral management
• Tangible collateral details as per the credit approval/facility documentation in Emirates Movable Collateral Registry (EMCR) before setting up limits
• Clients' limits, maintenance & cancellation of same as per Credit approval/facility documentation including interest rates for Overdraft facilities Borrower accounts are maintained in system with appropriate grades.
• Collection of all processing fees on timely manner to avoid any income leakage
• All Collaterals details, including placement & removal of lien on client’s deposits, share mortgages, vehicle mortgages etc… based on credit approval/facility documentation.
• Creation, maintenance & cancellation of covenants as per the credit approval/facility documentation
• SIC codes are properly fed in to the system.
• Manage activities related to limits management such as Downgrade/upgrade accounts, interest in suspense, write off account, credit review date etc are updated in the required systems in line with credit and other systems
• Monitor all LTV monitoring (Gold, Shares, Oil and other commodities) on periodical basis including Asset revaluation. Any breaches are actioned immediately under advised to Business and credit.
• Ensure accurate client related data are published in client related letters such as audit confirmation, liability & no liability reports, inward & outward status reports etc….
• Ensuring that price revisions are updated in system as per approval terms or as and when advised by Management.
• Monitor all AML compliance, FRR & Legal queries including placing hold and removal based on instructions from Legal, FRR, AML & Compliance departments
•  As and when it’s required by the team management to act as a checker to carry out other unit processes within Credit Middle Office activities. 
• 5 to 8 years of banking experience and 5 years in the Credit administration functions, including managerial responsibilities.
• Good understanding of banking operations, Bank’s policies, procedures, guidelines, statutory requirements, market conditions including systems.
• Bachelor's Degree.

To know more details about the vacancy and how to apply kindly check the link below:

apply from here

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