Corporate Credit Administration & Control Officer

Abu Dhabi Commercial Bank (ADCB)

Abu Dhabi, UAE

Ref: LP452-482

Job description / Role

Employment: Full Time

- Speedy and accurate input and understanding of process related to approvals and processing of transactions (Product Line / limit set-up, Loan booking (syndicated loan, Bilateral Loan, Term Loan, STL, Invoice discounting, PPC discounting etc.) , static data, Collaterals, Covenants, Drawing Power (DP) adjustment, loan settlement, freeze/lien, freeze releases, Lien release, up gradation/downgrade, account write-off, Central Bank Risk Bureau Report, Share Collateral Management, Bank Checking (Inward/Outward) etc. to be carried out
- Upon receipt of approved CA’s /SFCA’s/Approval, Revision Requests, etc. (in respect of Corporate, PA, 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, Collateral, covenants, commitment contract, 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 customer’s 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/FCI 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 FCC and FCI. Also updating the Customer Risk Grade of the customer under Fast Path CIM18 in FCR.
- Processing Writ-Off’s & handling transactions related to L& SAMD
- Updating the Central Bank/Risk Bureau Codes so that the relevant reports can be generated 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 PPC’s Invoices etc
- Carrying out input of Reason Codes against OD lines as well as in the related fields of loan contracts.
- Process Management of Inward/Outward Credit Enquiries.
- Obtain credit checking from other banks on Banks’s existing as well as prospective borrowers, drawers of cheques under local bills discounted, importers in case of discounting export documents under Loan Against Foreign Bills etc.
- Responding to the Credit Checking of other Banks/financial Institutions related to Corporate, commercial or Individual borrowers
- Preparation of Central Bank Risk Bureau Report
- Handling the task of collecting dividend cheques for share pledged to the bank and updating the drawing power sheet based on addition/deletion of pledged shares as well as changes in market value of shares.
- Preparation and compilation of regular as well as one-off reports (ICCS, Loans in Arrear etc.)
- Generating User Activity Reports & arranging the related vouchers in an orderly manner, for the checkers of the same by the Unit

Requirements

- At least 4 years of experience Corporate credit administration ( CAD ).
- Bachelor’s Degree in Finance, Business, Accounting or Banking
- Knowledge about process / systems management related to limit/collateral/exposures etc and Core banking systems and applications
- Proficiency in MS Office (Word, Excel, PowerPoint, Outlook, Access)

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.

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