Officer - Credit Control

Job description / Role

- To carry out input of accurate and meaningful details of the approved CAs along with all the relevant terms and conditions into the Core Banking System in respect of Corporate, PBU & HNW customers.
- Further it also covers facilities being granted to ICG & IBD customers. Therefore knowledge of all times of facilities as well as knowledge of Banks & Country limits etc is also essential for this position.
- Additionally, the Officer needs to be aware of the process flow of each type of facility & also its implications.

Job Dimensions:
- Quantifiable - Number of transactions/approvals processed.
- Non Quantifiable - Guidance & technical support / advice provided to teams on a daily basis.
- Key Results Areas - Speedy and accurate input of data related to approvals and processing of transactions (Line/limit set-up, DP, adjustment, liquidations, freeze, freeze releases, upgrading, write-off, etc.)

Main Tasks & Responsibilities:
- Upon receipt of approved CAs /SFCAs/Approval, Revision Requests, etc. (in respect of Corporate, PBU & HNW, ICG & IBD customers) duly vetted & released by Documentation Vetting Unit, studying the same and thereafter picking up relevant details for input of all the lines./limits, including interest rates, expiry dates, margins, commissions, etc., as well as all the terms and conditions (where possible) in their respective fields in an accurate manner, in the minimum possible time, so that the customers facilities are set-up in the system without delay.
- Analyzing the customers securities, linkage of guarantors etc. and thereafter picking up relevant details from the same for input into the security profiles, so that necessary relevant data is available in a system where possible.
- Posting of Credits into FCC/FCR Loans based on instructions of the relevant teams. Where applicable, amending the repayment schedules in case of prepayments & in case of late payments, appropriating the funds first to the penal interest, then interest due & then the balance amount to the principal amount.
- Working out the due amount, in case of loans which are intended to be paid before maturity & advising the figures to the teams concerned.
- Updating of Customer Risk Rating in BAM60 for FCR Loans & in the loan contract in case of FCC loans. Also updating the Customer Risk Grade of the customer under Fast Path CIM18.
- Processing Write-Offs & handling transactions related to L& SAMD.
- Updating the Central Bank/Risk Bureau Codes so that the MIS Unit is able to generate relevant reports for submission to the Central Bank.
- Carrying out of Freeze Input/De-Freeze, based on instructions of the concerned authorities.
- Updating of DP against various types of collaterals including Shares PPCs Invoices etc
- Carrying out input of Reason Codes against OD lines as well as in the related fields of loan contracts.
- Updating of information in the Document Tracking System on a daily basis.
- Compilation of figures related to Self Assessment /fBRIs.
- Generating User Activity Reports & arranging the related vouchers in an orderly manner, for the checkers of the same by the MIS Unit.
- Preparing Files for new customers & filing related documents, where applicable, for existing customers on a daily basis.
- Preparation & updating PPCMC with regard to contracting finance & carrying out of special assignments as & when applicable, which are very frequents & regular.

Occasional Duties:
- Special assignments, such as data clean-up projects, User Acceptance Testing for development of new products, interest indices etc as & when required to be carried out.

Requirements

- The candidate must be a university graduate, educated at least to the level of a degree.
- At least 4 to 5 years banking experience, of which 2 years must be in the Corporate or Commercial Credit-handling area.

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.