Credit Administration Manager

Job description / Role

The position will be responsible for ensuring smooth functioning of the entire credit administration function within the bank.

Client Details
Our client is in the Islamic banking industry.

Description
* Reporting to Head of Bank Operations
* To design, review and implement credit administration structure and procedures within the bank.
* Development of standard loan documents and to ensure its legal effectiveness and enforce-ability.
* To ensure perfection of security/support documents and adherence to covenants / conditions of the credit approvals.
* Maintenance of original credit files, safe keeping of security documents and custodian of charge documents and securities.
* Overall credit portfolio monitoring through follow-ups with business units for adjustment of over dues and rectification of exceptions/irregularities.
* Generating and reviewing the MIS reports and alerts for follow ups. Providing reports to all concerned /senior management within the bank for information and effective decision making. Monitoring the drawing power of the security held and issuance of disbursement authorisation certificates on an ongoing basis.
* Ensuring adequacy of insurance coverage on securities held as per approval terms for risk mitigation.
* Handling all issues related to internal /external Audit regarding credit administration.
* To ensure that all required system support is in place as per best market practice for smooth operations


Job Offer
Competitive month package.

Requirements

* Bachelor's Degree
* At least 15 years of experience in Credit Risk Management, administration, monitoring and control with at least 5 years at senior/ policy level in a commercial bank/ DPI.
* Must be fluent in Arabic
* Sound knowledge of credit administration / management systems and reporting requirements.
* Awareness of latest technology trends, banking support systems and software.
* Must be detail orientated with strong time management and team management skills.
* Must possess the ability to handle multiple projects in a fast-paced environment

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.