Officer – Credit Initiation Unit

Abu Dhabi Commercial Bank (ADCB)
Abu Dhabi, UAE

Ref: LP452-107
Abu Dhabi Commercial Bank (ADCB)

The Role


The Role


• 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


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


About the Company


ADCB was incorporated on 1 July 1985 as a public joint stock company for an unlimited duration in the Emirate of Abu Dhabi, UAE. ADCB is registered under the UAE Federal Commercial Companies Law No. (8) of 1984 under registration number 4 and operates in the UAE under a banking licence issued by the Central Bank of the UAE.

ADCB provides a range of consumer and corporate banking, Islamic banking, trade finance, structured finance, foreign exchange, derivatives, and financial advisory services, primarily in the United Arab Emirates. In addition, ADCB’s subsidiary Abu Dhabi commercial Islamic Finance PSC holds an Islamic banking license.

As at 31 December 2010, ADCB operated 47 branches, 4 pay offices and 265 ATMs in the UAE; 4 new branches and 99 new ATMs were added during 2010. ADCB also operated 2 branches in India.
This Position is closed or expired