Specialist- Documentation - UAE Nationals Only

  • Full-time
  • Sub Division: Credit - Administration
  • Division: GCOO

Company Description

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 Description

ROLE PURPOSE:

The role is responsible for preparation and vetting of documentation relating to credit facilities and accurate detailing before inputting the same into the Bank’s system. Further, he/she is responsible for ensuring the enforceability/authenticity of the security documents executed by the customers.

KEY ACCOUNTABILITIES

• Preparing security / collateral / support documentation (e.g. mortgage agreements for all types of assets, pledge of shares with ADX / DFM, personal / corporate guarantees, mortgage / pledge release letters, etc.) in accordance with the credit approvals.

• Preparing Balance Confirmation Report, Credit Report of the Central Bank of the U.A.E. & shares letters to collect cash dividends.

• 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.

• Lodging security documents / collaterals in the Bank’s system.

• Ensuring all security documents are kept safe in the vaults and a checklist maintained in the credit file.

• Reviewing / verifying approvals obtained for permanent release of collaterals, security documentation and ensuring there are no liabilities or outstanding and facilities are cancelled.

• Preparing Credit Information reports and requests in accordance with RM confirmation.

• Preparing all Arabic securities / collaterals documents.

• Engagement in project assigned by Head of Documentation in addition to the BAU.

• 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.

Qualifications

KNOWLEDGE, SKILLS & EXPERIENCE:

Knowledge & Experience:

• Bachelor’s Degree in Accounting / Finance. 3-5 years’ experience in Corporate Banking with at least 3 years’ experience in the Corporate CAD function.

Skills:

• Knowledge and use of banking software systems, basic PC skills and common MS applications like Excel and Word.

• Good knowledge of English language (both written and spoken).

• Good knowledge of Bank's financial system.

• Very good knowledge of Banking Products / Corporate Credit Administration functions.

• Good knowledge of U.A.E. legal environment & Central Bank regulations.

• Team worker, ability to work under pressure, fast learner, attention to details

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