Credit Control Manager, Abu Dhabi Islamic Bank UAE

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