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

 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 (Manager- Escrow Management) according to the following:

  • FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customised experience. 
  • Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
  • To support in monitoring Real Estate Escrow account opening (Main and Retention) by liaising with CAD upon obtaining the relevant approvals from the respective Emirates’ Regulators i.e. RERA/DUPM/RAK-RERA and the documents from Developers.
  • To communicate (updateTAS if applicable or any regulatory system) the account details to the Regulators/Developers.
  • To attend client meetings involving the Audit firms that are approved auditors by the Regulator and to gather information for the audit scope, work closely with Developers / External Audit Firms to finalize a detailed project audit report as per approved audit scope.
  • Handle requlatory requiremnets inline with the regulations.
  • To monitor the developers requests received from regulatory system and validate if it is as per regulations and then proceeds.
  • Focus is primarily on CIB clients and chosen Business Banking clients.
  • Close liaison with staff from GTB Advisory, Client Services, Payment Centre, Channel Support, Branch network, Relationship Managers, IT Desk, Operations and other relevant stakeholders in the implementation process.
  • Participate in review of client agreements, service standards and service quality to ensure that we meet and exceed the expectations of our clients.
  • Educating the clients about the relevance of Escrow laws and their rights / limitations if any.
  • At least 5 years’ experience in Escrow services / Banking operations out of which some Corporate/Project Finance experience is preferred.
  • Good understanding of local and international GTB products, international cash management electronic platform operations
  • Excellent understanding of Escrow laws, regulations and practices as an escrow agent..
  • Excellent customer service skills.
  • Sound Knowledge of Corporate and other Banking products and operations.
  • Language proficient: Fluent (business) English.

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

apply from here

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