banking jobs in UAE | First Abu Dhabi Bank (FAB) careers

  banking jobs in UAE | First Abu Dhabi Bank (FAB) careers

First Abu Dhabi Bank (FAB) announced, through its Linkedin account, a bank job in UAE (Executive Director- Escrow Management) according to the following:

• Responsible for recommending the business strategies, product pricing and sales/marketing planning to increase the market share of the bank’s escrow business.
• Work in coordination with sales and relationship team prepare, negotiate and win mandates. 
• Handle product activities from strategic to tactical
• Assist Unit Head to deliver the department strategy under Cash Product Management of GTB-Corporate & Investment Banking Group and to be accountable service and portfolio growth.
• To organize the day-to-day Escrow product management, fulfilling regulatory and compliance issues related to Escrow and to proactively develop the Escrow business.
• To handle the product roll-out regionally and globally for all escrow propositions.
• To handle CTA agreements with all stakeholders.
• Handle all risk assessment activities and reports
• Responsible for maintaining the regulatory and legal compliance requirements of all escrow products
• To attend client meetings along with CM Advisory/Coverage RMs and analyze project revenue details
• To review ESCROW account opening (Main and Retention) by liaising with CAD upon obtaining the relevant approvals from RERA/DMAT/RAK-RERA / documents from the Developers and communicate account details to the Regulators/Developers and checking KYC/AML/Sanction norms
• To manage the RERA/External/Internal Audit etc.
• To Prepare unit MIS (profit, revenue, cost etc) and highlight any potential risk or opportunities
• To review/submit all the mandatory reports to RERA/DMAT/RERA-RAK on a timely basis and any other MIS information sought by the respective regulators or local courts.
• Manages the entire product lifecycle and product roadmap.
• Manage the product portfolio and responsibility of P&L
• Incorporating feedback and input from customers, partners and in-house teams on product strategy and finding ways to expand product market reach
• Monitor the market trend and conduct product review regularly
• Aligning product development with business goals
• Works in close co-ordination with different departments to establish proper control measures, clear guidelines, and business performance indicators
• Develop business requirements as the basis for Technical Development, Operations, payments, processing, and other cross functional departments to build systems, procedure, and materials (ideas) to support product development and ongoing product enhancements
• At least 5 years’ experience in Escrow Services, preferably in product.
• Good understanding of local and international GTB products, international cash management practices, and Digital platform operations.

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

apply from here

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