Senior Officer
1 week ago
About the Role:
This exciting opportunity is now available for a Senior Officer to join our Credit Administration team in First Abu Dhabi Bank. As a key member of the department, you will be responsible for ensuring the effective management of credit facilities and adherence to risk policies.
Key Responsibilities:
- Contribute to the development, maintenance, and improvement of Credit Administration framework and operating model, processing limits/tolerances in line with the bank's overall risk while ensuring effective implementation of the same in liaison with relevant stakeholders.
- Encode and process new credit applications and collaterals, transaction processing, settlements, clearances, and reconciliation to ensure effective processing and service delivery in line with turnaround times and standards.
- Carry out credit control activities, including applied interest rates, commission, charges, and management fees to ensure prudent credit practices and compliance with defined internal and external policies, processes, procedures, and regulations.
- Monitor and prepare reports such as Share Valuation, LTV, Breach of Margin, and Liquidation Call.
- Track all original documents and ensure safe custody of all collateral/security documents.
Requirements:
- Bachelor's degree in Accountancy or Finance or related degrees; alternatively, with a degree in Law or strong legal, operational risk, or compliance background.
- Minimum 1-3 years' relevant experience in the banking sector in CAD or related function, knowledgeable background in Wealth and Private Banking.
Estimated Salary: AED 12,500 - 15,000 per month
Working with Us:
We are committed to providing an inclusive and supportive work environment where our employees can thrive. Our team is dedicated to delivering exceptional customer service and contributing to the bank's success.
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