Senior Officer- Documentation CCB-DXB

• The role is responsible for preparation and vetting of documentation relating to credit facilities and accurate detailing before inputting the same into the Banks system. Further he/she is responsible for ensuring the enforceability/authenticity of the security documents executed by the customers.
• Preparing the inhouse Bank standard Facility Offer Letter/ Term Loan Agreement security / support documentation and check the internal legal negotiated documents in accordance with the credit approvals.
• Ensuring all security / support documents lodged for inhouse 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.
• Preparing documentation deficiency (expired / deferred documents) reports and following up for its timely submission / renewal.
• Maintaining up to date collateral data in the Banks system.
• Performing periodical cleanup 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 physically held in safe custody.
• Ensuring all security documents are kept safe in the vaults and a checklist maintained in the file.
• Lodging security documents / collaterals in the Banks system.
• Reviewing / verifying approvals obtained for permanent release of collaterals security documentation and ensuring there are no liabilities or outstanding and facilities are cancelled.
• Advising Credit Control Unit for release of credit lines in the Banks system.

Qualifications :

Knowledge & Experience:

• Bachelors Degree in Accounting / Finance. 13 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 Banks 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.

Remote Work :

No

Employment Type :

Fulltime