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

JOB PURPOSE:

This role is primarily responsible for controlling & authorization of 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 authorization of loan amendment activities such as - change of pricing, tenor, repayment schedules, rollover, settlements and past due recoveries. Require coordination with other sections of Operations and internal stakeholders to ensure smooth work flow and delivery of high quality and timely service to internal customers

Detailed Responsibilities

• Ensuring efficient, error free authorization of transactions with strict compliance to policies, SOP and within the agreed SLAs
• To minimise operations risks for the Bank by ensuring that all transactions that are authorized comply fully with underlying customer or internal instructions
• Involvement and participation in various UAT activities
• Review and update SOPs on periodic basis
• Handling loan related queries raised by internal stakeholders
• Ensure loan related entries from NOSTRO accounts are cleared and authorized In timely manner
• Performing internal account reconciliations and follow-ups on outstanding/pending dues
• Ensuring conformance to internal procedures / policies / guidelines and local and international norms and regulations as applicable
• Undertaking all daily authorization activities related to a particular product or sub function
• To be responsible as primary custodian of security items & customer records
• To participate actively in the various initiatives within section / unit / department/division/group and the Bank as and when required
• Providing periodical reports and management information for effective decision making

Minimum Qualification

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

Minimum Experience

• 6-8 years’ relevant experience in the banking sector with at least 6 years in similar positions of progressively increasing managerial responsibilities in corporate loans function