Real Estate and Mortgage Surveillance Officer
Standard Chartered Bank - UAE
Dubai, UAE
Ref: HP048-60
Standard Chartered Bank - UAE

The Role


The Role


This job will require the incumbent to support risk management of the Mortgage Loans portfolio. The successful candidate will provide information and make recommendations that have a direct impact on overall portfolio growth and profitability due to factors linked with the real estate market. This position forms part of the Mortgage/Credit policy unit within SCB.

The key roles and responsibilities involved in this position will be to:
1. Manage the property valuation agencies, maintain relationships and assess their work.
2. Create property related manuals - which will include prices for different areas/properties and will help decide whether to take certain properties as collateral or not etc.
3. Forecast property price trends keeping in mind macro economic factors.
4. Guide the credit underwriters with respect to different prices in various locations.
5. Produce stress valuation reports with respect to credit norms.
6. Develop and monitor guidelines on the valuation process in the foreclosure process.

Requirements


Requirements


The required Qualifications and Skills that a candidate should possess:

• Professional degree
• Good knowledge of the property market specifically - UAE (Dubai & Abu Dhabi)
• Should have previous work experience with a reputed property consultant firm.
• Should be able to adapt quickly within diverse teams.

About the Company


About the Company


Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group's business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.

This Position is closed or expired