Business Banking Relationship Officer

Job description / Role

- Responsible for achievement of business targets.
- To ensure that the procedures and regulations of the Bank / controlling authorities are scrupulously followed.
- Involve in formulation and implementation of marketing strategies with the objective of booking new business, maximizing revenues / yield, cross selling products and augment quality assets to achieve budgetary targets.
- Interacting with customers / their representatives for understanding and meeting their requirements, negotiating terms, pricing, collateral security etc.
- Analysing financial statements, business processes of customers and preparing credit proposals as per standards defined by bank.
- Recommend facilities / excesses to the appropriate authority / Management for approval through defined channels.
- Conduct visits to the customers offices / sites / factories as per the banks policies.
- Preparing offer letters to the customer as per standards defined by bank.
- Ensuring timely completion of documentation and other formalities by the customers for securing the interest of the bank.
- Setting up of limits / Interest rates / codes in the system correctly.
- Handles referrals from TFD / Branch and Cheque referrals and attends them in effective manner.
- Coordination with other departments (CAD/TFD/Branch) for smooth operations in the accounts as per approved terms and conditions.
- Renewals / Quarterly Reviews / Risk Ratings to be ensured in timely manner.
- Ensures timely and accurate submission of MIS and follow-up reports and returns for the Management review and reports for regulatory agencies as required.
- Ensures timely recovery of scheduled recoveries in the accounts on the due dates and follow up with the customers for obtaining the insurance policies / valuation reports and other required documents.
- Responsible for quality of assets in the portfolio. Follow up for regularisation and recovery of sticky/special mention/classified accounts in the portfolio.
- Attends to LRM / Audit replies in accurate and timely manner.
- Monitor the unutilised accounts in order to explore reasons for not utilising facilities by personal follow-ups. Initiates and recommends corrective action(s) including redressal of grievances / issues as required.
- Customer File maintenance for the portfolio.

Requirements

- A candidate should be a Diploma holder with a minimum of 5 years of experience in related feild or Bachelor Degree holder with a minimum of 3 years of experience in Banking.
- Omani National preferred.
- Should possess effective communication and presentation skills (Oral and Verbal).
- Should be able to meet deadlines and targets.
- Must be able to work independently.
- Should possess good leadership and decision making skills.
- Should possess good financial Analysing skills.
- Should possess excellent knowledge of MS Office in Arabic & English.
- Should be self-motivated, initiative, innovative and dynamic.

About the Company

Established on January 1 1990, Bank Dhofar is an Omani commercial bank wholly owned and managed by Omanis. With successive years of constantly setting new standards in banking, BD has attained an impressively expanding network of 50 operational branches and 89 ATMs.

Through an international network linked by advanced technology, BD provides a comprehensive range of financial services that encompass personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

Its Board of Directors & Management Team consists of eminent professionals like accountants, management experts, economists, businesspersons, etc. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.