Specialist, Credit Control (Emiratized Role) at First Abu Dhabi Bank Pjsc

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

24 May, 26

Salary

0.0

Posted On

23 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Control, Limit Encoding, Transaction Processing, Policy Adherence, Regulatory Compliance, Interest Rate Application, Loan Memos, Provisioning, Reporting, Stakeholder Management, Service Quality, Team Guidance, Work Distribution, SOP Adherence, SLA Management, Risk Management

Industry

Banking

Description

Job Purpose: The role is responsible for managing of credit limits relating to credit facilities and guiding the team members in the day-to-day transactions with respect to limit encoding & control. Further, he/she is responsible for ensuring that the team complies with the approved terms and adheres to policies, process and procedures of FAB Head office, representative offices, international branches and regulators Authorize / Process/ Encode credit limits and to ensure accurate detailing into the Banks Systems along with maintenance of Banks & Country Limits as per Credit Approvals Maintaining accuracy with regards to application of interest rates, commissions, fees and charges. Authorize / Process / Prepare day to day transactions – Loan memos, Processing tickets, PPC discounting/ settlements, SVC etc Authorize / Process memos for provisioning of accounts, customer grade changes, suspension of interest and passing relevant write-off entries. Authorise /Process limits for approvals received from Credit for Initial CA / Annual Review/ Extension Memo / Interim & Administrative Memo Authorise / Process Bulk upload for limit extensions for Corporate, PCG, Investment Banking Clients and FI limits Authorise /Process downgrade, upgrade of counterparties in system and Central Bank as per Credit Approval Authorise /Process and prepare monthly reports such as CBRB mismatch report and mismatch in ORR between credit application and GLCMS. Authorise /Process RB code in both systems GLCMS and T24 and give confirmation to stakeholders on limits before closing of account. Ensure 100% satisfaction rating by internal customers by providing superior service quality, manage internal customer relationships and ensure that queries and exceptions are addressed efficiently with proactive measures. Authorize / Prepare Liability/No Liability Certificates / Letters. Ensure timely response to service and support requests, queries, escalations and deficiency reports. Stay abreast of latest developing concepts, new regulations by the UAE Central Bank, other legal entities and Corporate Credit guidelines Ensure adherence to published Standard Operation Procedures (SOP), Service level agreements (SLA’s) and understanding of relevant products, procedures and Delegation of Authority (DOA) of the Bank. Support Team Leader (TL’s) in distributing work among team members and ensure smooth flow of day-to-day transactions. Assist TLs in monitoring work submission channels (emails and other workflow management systems in use) for daily task allocation within the Unit, to ensure task completions and update internal stakeholders accordingly. Authorize / Prepare instruction memos to Loan operations for disbursement, changes in repayment, settlements, maintenance and collection of various fees etc Authorize / Prepare instruction Memos to Client Service (CS) team for release of excess margin held against facilities as per approved terms. Authorize / Prepare instruction memos for amendment of interest rates of overdraft pricing linked to fixed deposits, deferring loan instalments, extending loan maturity date etc. Authorize / Process / Encode Bank and Country limits as per approval Authorize / Process upload of interest rates codes in Bank systems Prepare various reports as and when requested by HO-CCU & Sanction/HO-CAD/Senior Management Undertake special projects/assignments as and when requested by Line Manager/ HO-CCU& Sanction / HO- CAD/ Senior Management. Report KRI’s and Operational loss incidents in a timely manner. Proactive engagement with key stakeholders and ensure operational continuity without any process breach Recognize and highlight process enhancement opportunities. Provide guidance and on the job training for staff, conduct knowledge sharing sessions and monitor performance of the team. Ascertain adequate training of team members Ensure adequate back-ups for self and team members during leave period Timely archiving of transactional documents as per Unit’s process. Maximize available manpower to meet business deliverables. Key Accountabilities: Policies, Systems, Processes & Procedures Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner. Demonstrate compliance to organization’s values and ethics at all times to support the establishment of a value drive culture within the bank. Continuous Improvement Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction. Reporting Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards. Job Context: Zero Loss; NIL near miss / income leakage event; target zero high risk error Target zero complaints, minimum 95 % adherence to TAT standards as agreed with business. Achieve more than 90% satisfaction score in the internal customer survey. NIL unauthorized breaches in Policy/regulatory requirements and SOPs. Satisfactory rating in all audits - INA/RMU/ORC NIL breaches in housekeeping (reconciliations, tracers, activity tracker, etc.). NIL critical findings in regulatory /external/internal audits. No. of PI (process improvement) proposals found beneficial by management. No. of successful PIs implemented Work with the line manager in introducing strong tools/processes to identify/ease BAU risks attached to the unit. Pursue opportunities for enhancing operative efficiencies along with adequate monitoring Ensure excellent housekeeping standards at all times Minimum Qualification Bachelor’s degree or related discipline. Minimum Experience Relevant experience in the banking sector with at least 2 years in similar positions of progressively increasing managerial responsibilities in the credit facility function. About Us: First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients. Life at FAB: Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization Career Development: FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development. Our Values: At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication. Join our team and be part of a journey to shape the future of banking.

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Responsibilities

This role manages credit limits for credit facilities, guides team members on limit encoding and control, and ensures team compliance with approved terms, policies, and procedures from the Head Office and regulators. Key duties involve authorizing and processing credit limits, maintaining system accuracy for interest rates and charges, and handling various day-to-day transactions like loan memos and provisioning entries.