AVP & Lead- Documentation CMB & PL - AUH & DXB at First Abu Dhabi Bank Pjsc

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

29 Dec, 25

Salary

0.0

Posted On

30 Sep, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Finance, Corporate Banking, Credit Administration, Banking Software Systems, MS Applications, English Language, Bank's Financial System, Banking Products, UAE Legal Environment, Central Bank Regulations, Team Work, Attention to Details, Ability to Work Under Pressure, Fast Learner

Industry

Banking

Description

Company Description Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry. Job Description ROLE PURPOSE: The role is responsible for preparation and vetting of documentation relating to credit facilities and accurate detailing before inputting the same into the Bank’s system. Further, he/she is responsible for ensuring the enforceability/authenticity of the security documents executed by the customers KEY ACCOUNTABILITIES • Reviewing the prepared in-house Bank standard Facility Offer Letter/ Term Loan Agreement, internal legal negotiated Facility Offer Letter/ Term Loan Agreement, security / support documentation in accordance with the credit approvals. • Ensuring all security / support documents lodged for in-house documentation have been properly executed and signatures are verified, and authenticities of the signatories are supported by resolution / POA. • Ensuring rectification of existing discrepancies / deficiencies in security documentation for facilities released under legacy records. • Ensuring approval from relevant authorities is held for deferral / waiver of incomplete documents. • Ensuring integrating accurate and timely internal reporting and regulatory reporting. ROLE DETAILS Functional title: AVP & Lead, Documentation No. of Direct Reports: 0 Corporate Title: AVP & Team Leader Documentation (Commercial Banking & Program Lending) No. of Total Reports: 0 Grade: C Location: Group Function: Evaluated on: Sub Department: Credit Administration Dept. Reports To/Line Manager: Head of Documentation Unit Head of CAD Group Head of Documentation Unit AVP & Team Leader Documentation (Commercial Banking & Program Lending) Classification: Private\FAB HR_Staff data • Reviewing documentation deficiency (expired / deferred documents) reports and following up for its timely submission / renewal. • Ensuring updation of collateral data in the Bank’s system. • Ensuring periodical clean-up of old and obsolete security documents to keep updated / valid security • documents in the security folder. • Verifying and confirming periodically at the renewal of credit line, all required security / support documents are physically held in safe custody. • Authorizing security documents / collaterals in the Bank’s system. • Reviewing / verifying approvals obtained for permanent release of collaterals, security documentation and • ensuring there are no liabilities or outstanding and facilities are cancelled. • Supporting in creation/release/amendments of securities/mortgages/charges/registrations with local government authorities and free zone authorities in various Emirates as per Bank’s POA holders. • Reviewing and checking on daily basis all the lodged documents in Bank’s system to ensure 100% accuracy. • Reviewing and signing all the memos/ letters related to cash dividends, Credit Information Report and EMCR. • Handling other projects assigned in a timely manner in addition to the BAU functions. • Distributing work among team members and also ensure smooth flow of day-to-day transactions. Qualifications Knowledge & Experience: • Bachelor’s Degree in Accounting / Finance. 8-10 years’ experience in Corporate Banking with at least 8 years’ experience in the Corporate CAD function. Skills: • Knowledge and use of banking software systems, basic PC skills and common MS applications like Excel and Word. • Good knowledge of English language (both written and spoken). • Good knowledge of Bank's financial system. • Very good knowledge of Banking Products / Corporate Credit Administration functions. • Good knowledge of U.A.E. legal environment & Central Bank regulations. • Team worker, ability to work under pressure, fast learner, attention to details

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Responsibilities

The role involves preparation and vetting of documentation related to credit facilities, ensuring the enforceability and authenticity of security documents. It also includes reviewing and rectifying discrepancies in security documentation and ensuring compliance with internal and regulatory reporting requirements.