Credit Control Manager, Abu Dhabi Islamic Bank UAE

  • Full time
  • Dubai, UAE
  • Posted 9 months ago
  • 12000-22000 AED / Month

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank (ADIB) presently has a job opening for eligible candidate for position of Credit Control Manager in UAE. This job has been posted on a company’s career page on 20 October 2023 and now open for all aspiring candidates.

Job Purpose of A Credit Control Manager

  • The position acts as the last filter in the limit approval process where the exposures undertaken by the Bank of its customers are being reviewed and scrutinized for its adequacy /correctness in terms of approvals, adherence to Credit policies.
  • It covers managing different business segment with focus on Wholesale Banking, Business Banking & Financial Institutions.
  • To ensure that Bank is protected at all times with appropriate source documents, legally enforceable charge documentation or securities, duly assigned insurance policies.
  • Adequate underlying value of securities prior to release of limits and are effectively controlled and monitored through a follow up system for routine actions.
  • Organize the team assignments, supervise workflows and oversee operations for the assigned business segments.

Job Duties of A Credit Control Manager

  • Scrutinize facility documentation & related securities for Wholesale bank, SME & syndication & FI.
  • Oversee/Review preparation of FOL, credit facility and security .
  • Participate in user testing for various system enhancements/changes related to credit control functions amongst different assigned projects.
  • Ensure timely update of all systems with credit related information such as Risk rating, Expiry dates and Collateral details.
  • Identify deviation/exceptions and update relevant systems to ensure proper tracking.
  • Preparation of documentation checklist for all clients within the assigned segment.
  • Assist and support the Unit Manager to manage the resources available in conducting the related responsibilities related to Limit Management and Documentation effectively and efficiently.
  • Assist the line manager in timely implementation of recommendations from Credit Review or Audit Department.
  • Extend proper advice and assistance to Relationship Managers and CCD staff whenever required.
  • Provide the best support to business partners and maintain turnaround time as per SLAs for handling credit control related functions.
  • Review and report Excess over limits in a timely manner.
  • Provide assistance to the Manager in formulating and implementing SOP’s for the department.
  • Report exceptions to business and Credit Managers on a monthly basis.
  • Support the unit in registering and releasing mortgage by visiting Land department.

Who Can Apply?

Qualification

  • Bachelor’s Degree in Relevant field.

Experience

  • 10-12 years of banking experience of which 5+ years’ experience in the area of credit administration or documentation.

Skills & Knowledge Desired

  • A thorough understanding of Commercial products/ Islamic Banking and the implication of risks relating thereto with a proactive approach to problem solving.
  • Good understanding of technological issues with sound analytical ability and PC skills.
  • Thorough understanding of UAE company Laws and fair acquaintance with legal issues attaching to commercial lending.
  • Effective communication skills in English and preferably knowledge in Arabic.
  • Knowledge of Islamic / Sharia complaint banking products / practices.

Customer Support Credit Control Aldar Education Abu Dhabi UAE

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