Senior Officer- CCB & IB Loans Operations; Emiratised

Job Description

JOB PURPOSE:

This role is primarily responsible for processing the following category of loans and related transactions :

• Conventional Loans
  - Corporate loans such as Syndicated and Bilateral.
• Islamic facilities such as Murabaha and Ijarah.

In addition to disbursals, the role involves processing of loan amendment activities such as - change of pricing, tenor, repayment schedules, rollover, settlements and past due recoveries.

• Set up/Input and processing of new loans and other loan related maintenance activities (Settlements, pricing change, repayment schedule updates etc.) received from CAD in the Core banking system
• Booking of various fees and internal fund transfer in the Core Banking system
• Blocking and unblocking of accounts in the system
• Diarizing of transactions
• Providing remittance instruction for Syndicated loan proceeds to Payment Centre
• Performing internal account reconciliations and follow-ups on outstanding/pending dues
• Ensuring efficient, error free processing of transactions with strict compliance to policies, DOA, SOP and within the agreed SLAs
• Involvement and participation in various UAT activities.
• Handling loan related queries raised by internal stakeholders
• To minimise operations risks for the Bank by ensuring that all transactions that are processed comply fully with underlying customer or internal instructions.
• Ensuring conformance to internal procedures / policies / guidelines and local and international norms and regulations as applicable
• Undertaking all daily-processing activities related to a particular product or sub function
• To participate actively in the various initiatives within section / unit / department/division/group and the Bank as and when required.
• To engage on any other activity, falling within pretext of a Processor
• Providing periodical reports and management information for effective decision making

Minimum Qualification

• Bachelor’s degree in Commerce, Accounting and Finance or related discipline.

• 4-6 years’ relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in Corporate Loans processing.