Specialist, Documentation - CCB AUH at First Abu Dhabi Bank

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

02 Sep, 26

Salary

0.0

Posted On

04 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Facility Offer Letter Preparation, Term Loan Agreements, Security Documentation, Collateral Management, Credit Approval Review, Regulatory Reporting, Corporate Banking, Credit Administration, Legal Documentation Vetting, Mortgage Registration

Industry

Banking

Description

•Preparing / Reviewing 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. •Checking documentation deficiency (expired / deferred documents) reports and following up for its timely submission / renewal. •Maintaining up to date collateral data in the Bank’s system. •Performing 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 lines, all required security / support documents are lodged in the Bank’s system. •Ensuring all security documents are kept safe in the vaults and a checklist maintained in the file. •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. •Advising Credit Control Unit for release of credit lines in the Bank's system. KNOWLEDGE, SKILLS & EXPERIENCE: •Advising Credit Control Unit for release of credit lines in the Bank's system. •Bachelor’s degree in accounting / finance. •5-7 years’ experience in Corporate Banking with at least 3 years’ experience in the Corporate CAD 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.

Responsibilities

Responsible for preparing, reviewing, and vetting security and collateral documentation for corporate credit facilities. Ensures the authenticity and enforceability of documents while maintaining accurate collateral data in the bank's systems.