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 (Specialist- Elite & Private Banking Lending OPS) according to the following:
- The role is responsible for preparation and vetting of documentation 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.
- Preparing / reviewing the prepared in-house Bank standard Facility Offer Letter/ Term Loan Agreement, internal legal negotiated Facility Offer Letter/ Term Loan Agreement, security / support documentation in accordance with the credit approvals.
- Ensuring all security / support documents lodged for in-house documentation have been properly executed and signatures are verified and authenticities of the signatories are supported by resolution / POA.
- Ensuring rectification of existing discrepancies / deficiencies in security documentation for facilities released under legacy records.
- Ensuring approval from relevant authorities is held for deferral / waiver of incomplete documents.
- Ensuring integrating accurate and timely internal reporting and regulatory reporting.
- Preparing 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 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.
- Supporting in creation/release/amendments of securities/mortgages/charges/registrations with local government authorities and free zone authorities in various Emirates as per Bank’s POA holders.
- Reviewing and checking on daily basis all the lodged documents in Bank’s system to ensure 100% accuracy.
- Advising Credit Control Unit for release of credit lines in the Bank's system.
- Bachelor’s Degree in Accounting / Finance. 3-5 years’ experience in Corporate Banking with at least 3 years’ experience in the Corporate CAD function.
- Knowledge and use of banking software systems, basic PC skills and common MS applications like Excel and Word.
- Good knowledge of English language (both written and spoken).
- Good knowledge of Bank's financial system.
- Very good knowledge of Banking Products / Corporate 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.
To know more details about the vacancy and how to apply kindly check the link below:
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