Senior Credit Documentation Officer Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank is presently accepting applications from suitable candidate for the job role of Senior Credit Documentation Officer. 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 laid down in the Credit Policy, Product Manuals and department SOP’s, compliance to documentation standards in terms of security and facility agreements. 

Responsibilities of Senior Credit Documentation Officer

• To ensure that Bank is protected at all times with appropriate source documents, legally enforceable charge documentation / securities, duly assigned insurance policies and adequate underlying value of securities prior to feeding of limits and are effectively controlled and monitored through a follow up system for routine actions.
• Ensure that all terms and conditions stipulated in the Credit Approval as precedent to disbursement of limits have been duly complied with and all securities and required documents have been obtained prior to releasing limits for the assigned segment. If not, specific waiver / deferral must be available on record.
• To prepare and review FOL/Agreements/Security documents to ensure compliance to legal standards, credit policies and approvals under the supervision of Team leader.
• Ensure timely update of all systems with credit related information such as Risk rating, Expiry dates and Collateral details.
• Assist the Team Leader in timely implementation of recommendations of Credit Review / Audit Department.
• Provide the best customer service to business partners and maintain turnaround time as per SLAs for handling and releasing of facility limits.
• Provide assistance to the Manager in formulating and implementing SOP’s for the department.
• Support Team Leader in completion of assigned projects.
• Identify irregularities/deviation/exceptions and log them in exception report after obtaining required approvals for tracking and monitoring purpose.
• Update activities in daily log.
• Ensuring adequate safe custody of all Credit and security documentation for assigned segment.
• Preparation of documentation checklist for all clients within the assigned segment.

What You’ll Do More?

• Act as a backup for Custodian for Custodian of security chubb keys.Ensure that all terms and conditions stipulated in the Credit Approval as precedent to disbursement of limits have been duly complied with and all securities and required documents have been obtained prior to releasing limits for the assigned segment. If not, specific waiver / deferral must be available on record.
• To prepare and review FOL/Agreements/Security documents to ensure compliance to legal standards, credit policies and approvals under the supervision of Team leader.
• Ensure timely update of all systems with credit related information such as Risk rating, Expiry dates and Collateral details.
• Assist the Team Leader in timely implementation of recommendations of Credit Review / Audit Department.
• Provide the best customer service to business partners and maintain turnaround time as per SLAs for handling and releasing of facility limits.
• Provide assistance to the Manager in formulating and implementing SOP’s for the department.
• Support Team Leader in completion of assigned projects.
• Identify irregularities/deviation/exceptions and log them in exception report after obtaining required approvals for tracking and monitoring purpose.
• Update activities in daily log.
• Ensuring adequate safe custody of all Credit and security documentation for assigned segment.
• Preparation of documentation checklist for all clients within the assigned segment.
• Act as a backup for Custodian for Custodian of security chubb keys.
• Report overdue exceptions to business and Risk Managers on a monthly basis.

Requirements of Senior Credit Documentation Officer

• Bachelor’s degree in Finance, Accounting, Business Administration, Islamic Banking, or a related field.
• 6-7 years of experience in similar role.

Skills and Knowledge Desired

• A thorough understanding of Bank’s Policies and product knowledge.
• A thorough understanding of Islamic Credit Products.
• Good understanding of technological issues with sound analytical ability and PC skills.
• Effective communication skills in English and preferably knowledge in Arabic.
• Ability to work independently with minimal supervision.

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