Ref: LP452-566

Job description / Role

Employment: Full Time

Job Purpose
• Ensures security documentation for newly approved facilities and renewal of existing ones is complete, is in compliance with Bank policies, and is per the terms and conditions of the approving authorities to guarantee Bank’s risk exposure is adequately covered at all times.
• Vetting of all security, charge KYC documents as per the outlined checklist to ensure that terms and conditions, pricings, limit expirations and undertakings are stated as per the approved terms
• Vetting of all security , charge documents pertaining to business finance or asset backed finance to ensure the documents are in line with the approved terms and conditions and SME DLA

Main Tasks and Responsibilities

Operational & Process Responsibilities
• Ensures facilities for SME accounts have been approved within approving authorities’ powers and accurate authorizations are obtained
• Ensures approved credit lines are in compliance with the Bank’s approved overall and specific credit policies
• Prepares documentation checklist to determine documents and securities required for each credit facility
• Vetting of all security, charge KYC documents as per the outlined checklist to ensure that terms and conditions, pricings, limit expirations and undertakings are stated as per the approved terms
• Vetting of all security , charge documents pertaining to business finance or asset backed finance to ensure the documents are in line with the approved terms and conditions and SME DLA
• Reviews all signed documentation, upon receipt from the borrower, checking for accuracy and completeness to ensure that all required legal documentation and undertakings are in place prior to releasing credit facilities to the Credit Control Unit – SME CAD
• Ensures that complete sets of documentation against respective facilities are delivered to the Safe Custody Officers for lodging into the Electronic Lodgment Register (ELR) and those deficiencies /deferrals are entered as “exceptions
• Follows up with Sales team for receipt of deficient and/or expired documents as per the. ELR reports.
• Updating and preparing various MIS reports, trackers and other systems
• Updates and maintains records on the Document Tracking System
• Provides the necessary data to the Administrative Officer for updating of Document Tracking System & Business Risk Indicator.

Occasional Duties
• Liaise with Safe Custody Officers and Credit Control Unit for release of documents and updation of ELR after ensuring that the release has been approved by the appropriate authorities.
• Maintains unit’s database of all standard forms and templates
• Carries out necessary filing of documents
• Ensuring handover of documents under proper approval and acknowledgement and a record is maintained for all such handover. Scanning of documents to DU or other RCAD offices or to RMs as per request.

Requirements

• Bachelors Degree in a relevant subject
• Minimum 3 to 5 years experience in banking with minimum 3 years in any banking area
• Effective communicator in any medium, internally and externally
• Team player – inspires and encourages excellent performance in others to achieve common goals
• Determined and self-motivated
• Good interpersonal skills
• Sound risk awareness
• Investigative skills
• Cultural sensitivity and adaptability
• Hands on PC skills, especially spreadsheets and core banking systems

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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Admin Officer salaries in UAE

Average monthly compensation
AED 6,500

Breakdown available for industries, cities and years of experience