Senior Officer- CB CAD

Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and best to help us reach our goals and we’ll also help you reach yours. Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry

ROLE PURPOSE:

• The role is responsible for encoding and releasing of credit limits relating to credit facilities and ensuring accurate detailing before inputting the same into Bank’s system. Further, he/she is responsible for complying with all necessary approval terms and conditions under FAB policies and procedures

KEY ACCOUNTABILITIES

• Encoding the credit limits after confirmation is obtained from Documentation Team that all documents are in order or have been properly deferred or waived and update the same in the Bank’s system
• Maintaining accuracy with regards to Limit amount, currency, Interest rates, commission charges, Fee recovery and terms and conditions
• Tagging/linking of the correct facility to the sub product type in the limit monitoring system
• Issue IOM’s to Operations team with regards to Loan drawdowns, Loan maintenance, Settlements, and collection of Fees
• Issue IOM’s to Operations for release of Fixed Deposits, block/unblock requests on the Account level linked to facility
• Ensuring rectification of any discrepancies and action on requests for any closure/suspension/Temporary extensions of credit limits in the system
• Ensuring approval from relevant authorities for one-off requests or deferral requests
• Maintaining up to date Interest rate keys in the Bank’s core system
• Carry out reports such as Limit expiry and Sanction expiry
• Preparation of Daily Activity Report illustrating the volume of transactions processed by the Credit Control Unit
  
  

Minimum Qualification

• Bachelor’s Degree in Commerce / Finance or equivalent

Knowledge & Experience:

• 3-5 experience in SME & Personal Banking with at least 3 years’ experience in the SME & Personal Banking / CAD function