Manager - Credit Information

at  Dubai Islamic Bank

EDUCATION:

Graduate/postgraduate, preferably finance and banking.

WORK EXPERIENCE:

Minimum 6 - 8 Years experience in Credit Administration / experience in managing credit information functions.
(Candidate with strong excel skills would be preferred).
Job ID JB1100012286

JOB PURPOSE:

To manage the process and team engaged in credit information activities including the proper reporting for customers exposure to Central Bank Risk Bureau. To oversee the other unit’s activities related to credit checking, central bank reports, balance confirmation, liability calculation, issuance liability/no liability letters, financial vouchers, AECB, AQ forms, etc. for credit management and support in developing, implementing systems requirements and projects in liaise with the Bank’s IT Department.

KEY RESPONSIBILITIES:

Prepare and maintain timely and accurate MIS on each customer to the Central Bank of UAE, Auditors,CRMs and Business Departments as per the agreed SLAs.
Ensure the proper update for both retail and corporate customers’ details within CBUAE related applications such as Commercial Credit System, Commercial Building Financing, etc.
Make sure the smooth flow for obtaining Risk Bureau Report from the Central Bank on all the new customers’ requests received from the Business Departments.
Verify the Asset Quality Form (AQFs) and assure the proper submission along with supporting
documents/exception reports to RMD/Business for Central Bank audit review.
Ensure the precise update for AECB application based on processing unit’s verification and proper
coordination between the departments whenever new enchantment/mapping required.
Examine and verify the calculation of exposure as of specific date for non-retail customers for the purpose of early settlement OR preparation of Restructuring/Rescheduling CPs.
Review the issuance of Liability letters for corporate customers & No Liability Letters for Retail & Corporate customers.
Authorize the financial vouchers posting related to fees recovery for the portfolios managed by CAD.
Ensure the appropriate delivery for Balance Confirmation to customers, their auditors and Business departments.
Make sure the flawless delivery related to obtain/provide credit checking on customers and their business associates to enable the Business Departments and CRM to assess their credit as a part of the overall lending process.
Guarantee the submission for Business Information Report from D&B on customers incorporated outside UAE, suppliers of Letters of Credit or Corporate Guarantors, as requested by the Business Departments and Credit.
Ensure the proper Intradepartmental & interdepartmental coordination for extraction and distribution of critical information to facilitate reporting MIS and Exceptions such as Customer Portfolio Report, Limit Expiry, Documentation Deficiency reports, Past Due Obligations etc.
Warranty the Maker/Checker concept is maintained on all required CIU activities.
Make sure to maintain TAT and compliance of internal standard operating procedures.
Assist in system enhancement and projects of CAD in co-ordination with IT for preparation of URD, system development, testing etc.