Job closed
Ref: LP452-414
Job description / Role
JOB PURPOSE:
- Ensure to review Facility Structure/Limits/Collaterals/Terms & Conditions and Covenants of approved Credit Application to help ascertain appropriate line of action required for Limit & Collateral loading, disbursements and ongoing Facility Maintenance in line with Policies and SOPs of Bank/WCAD.
- Raise and intimate Relationship Manager/Credit Manager, and Line Manager to provide clarification/approval from DLA holders in case of ambiguity or otherwise.
- Ensure to complete the action points as Maker or Checker as applicable which shall be carried out though FOUR EYES Principles.
- Receive and Arrange WMS (Sentinel) referral to priorities line of action on FIFO basis unless otherwise officially requested through appropriate approval.
- Ensure zero risk tolerance in Limit Maintenance and Facility Disbursement or otherwise through FOUR EYES principles only.
- Ensure processing of received facility/transaction referrals within agreed SLA/TAT. Ensure to intimate RM/CM and Team Leader/Line Manager of CAD, if credit approvals are not operationally feasible from system and process point of view.
- Raise question and query to groom yourself to be competent enough to take on additional responsibilities in future.
- Ensure no operational loss to arise due to the lapse of operational control.
Risk Management:
- Ensure a comprehensive review of approved Credit Application before carrying out processing of credit facility/transaction as Maker or Checker as applicable to help support Zero Risk Tolerance from operational risk point of view..
Policy & SOP Compliance
- Ensure adherence and full compliance to the existing Credit Policy Manual/WCAD Policy Manual and all other Policy Documents of the bank inclusive of SOPs related to WCAD while processing approved limits, collateral and disbursements followed by comprehensive compliance of rules/regulations issued by UAE Central Bank of UAE and others from time to time
Customer Service & Delivery
- Ensure timely review/system maintenance/authorization/intimation of all the documented commitments/TAT agreed with the Internal Stakeholders in Service Level Agreements (SLA) documents.
- On daily basis, ensure to declare number and status of referrals revived at individual level to help initiate appropriate measure and actions towards service delivery.
System Developments
- Ensure to highlight and intimate gap in the existing Core Banking Systems/Satellite Systems wherever noticed during processing action steps of Approved Credit Application.
Process Improvements
- Ensure to intimate improvements opportunities wherever noticed during process limit management/maintenance
Reporting & Submission
- Ensure to timely produce and disseminate internal/external reports. Ensure to arrange input to produce CAD related KRI/KPI reports to supports Business/Risk within the bank.
People Management
- Ensure to train and groom yourself to be competent enough to carry out Limit/Collateral Management function with ease.
Managing Stakeholder Expectation
- Provide timely action and maintain positive interaction/rapport with all the internal stakeholders to support/meet their expectation towards ADCB’s Mission/Vision.
Requirements
- University Degree
- 3-5 years in Banking with at least last 3 years in Wholesale Credit Administration functions
Professional Qualifications
- NA. However, Master Degree/Diploma in Business and Finance will be an added advantage
Technical Competencies
- Knowledge of Corporate Banking and Islamic Banking products and services.
- Knowledge of Operational Risk Aspects especially Process and System Risk
- Knowledge of Credit/WCAD Policy/SOP
- Knowledge of Core Banking Systems and their related Applications
- Communication Skill in English
- Knowledge of MS office (Word Excel/PP)
Behavioral Competencies
- Accelerate Organizational Growth
- Drive a High Performance Culture
- Communicate & Collaborate for Success
- Build Sustainable Customer Relationships
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.