Officer – Credit Initiation Unit

Abu Dhabi Commercial Bank (ADCB)

Abu Dhabi, UAE

Ref: LP452-107

Job description / Role

Employment: Full Time

• Responsible for the creation of a bank wide database on collateral related to WBG and CBG excluding Retails and SME Segments.

• Responsible for updating security and collateral input into the Core Banking/Satellite Systems.

• Ensure to maintain and update the latest values of collaterals on an on going basis into various system/templates.

• Ensure to generate related MIS and disseminate to the stakeholders as and when required.

• Responsible to revert and escalate to get the accurate data loaded into the various system/template as and when required.

Main tasks

Quantifiable
• Approved Securities/Collaterals related to over 4000 CIDs.

• Capturing, Reporting and Monitoring of all types of securities/collateral covering WBG and CBG excluding Retails and Small Segment under SME

Non Quantifiable

• Compliance with Credit Approvals

Key Results Areas

• Process Management of FCR/FCC/FCI/SCMS and FERMAT etc.

• Compliance with approved Credit Application

• Compliance with CPM, other policy Manuals and SOP

Compliance with Service Level Agreement (SLA) & Turn Around Time (TAT)

Risk Management:

• Responsible for generating daily and periodic report related to Non-Retail and Non Small Relationships under Small & Medium Enterprises (SME).

• Review, Disseminate, Follow up and Escalate towards regularization as and when required.

• Liaise with IT for system related issues pertaining to CSM maintenance and enhancement.

Control & Processing:

• Responsible for updating Collateral into the Core Banking and Satellite.

• Ensure to receive the supporting documents to carry out required maintenance for collaterals in the systems.

Monitoring:
• Liaise with Relationship Mangers, Credit Managers and Documentation Unit Manager to help facilitate the process of collateral update

• Back up for Senior Officer/Manager – Credit Information Unit

• Special assignment from time to time as per the Business Initiatives

Requirements

Experience

At least 2 years in Credit or Credit Administration. Well versed with the credit policies.

Professional Qualification

Computer literacy is a must.

Minimum Education Level

A graduate in Accounting or Finance.

About the Company

ADCB is a full-service commercial bank offering a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives, Islamic products, project finance, and property management services.

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