First Abu Dhabi Bank
JOB SUMMARY / INTRODUCTION The role is responsible for checking and vetting of documentation relating to credit facilities and accurate detailing before lodging 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 RESPONSIBILITIES Managing a team of Documentation Support Managers, Specialists, and Filing Clerks. Approving the registration and release of mortgages over properties, vehicles, machinery, equipment, and pledges of shares in Arabic. Reviewing the preparation of all types of mortgage agreements and amendments across all Corporate Banking segments in Arabic. Reviewing and approving official correspondence in Arabic addressed to the Presidential Affairs Court, Crown Prince Court, UAE Courts, UAE Central Bank, Abu Dhabi/Al Ain Municipality, Dubai and Northern Emirates Land Departments, RTA, Abu Dhabi Traffic Department, ADX, DFM, EIRC, ADGM, DIFC, UAE Free Zones, and the Abu Dhabi and Dubai Chambers of Commerce. Approving payments related to pledge and mortgage registration and de-registration fees with ADX, DFM, the relevant Municipalities, Land Departments, RTA, and the Abu Dhabi Traffic Department. Overseeing UAE Central Bank reporting and reconciliations. Managing the scanning and safekeeping of original security documents across all Corporate Banking segments, including Global Markets, Syndications, and International. Participating in projects assigned by the Head of the Documentation Unit. Providing timely support and assistance in the preparation of RSCA, SOPs, BIA, and BCP documentation. REQUIREMENTS / QUALIFICATIONS Bachelor’s degree in accounting / finance. 8-10 years’ experience in Corporate Banking with at least 8 years’ experience in the Corporate CAD function. 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.
Bachelor’s degree in accounting / finance. 8-10 years’ experience in Corporate Banking with at least 8 years’ experience in the Corporate CAD function. Knowledge and use of banking software systems, basic PC skills and common MS applications like Excel and Word. Good knowledge of English language (written and spoken). Good knowledge of Bank's financial system. Very good knowledge of Banking Products / Corporate Credit Administration functions. Good knowledge of UAE legal environment & Central Bank regulations. Team worker, ability to work under pressure, fast learner, attention to details.
Manage the team & monitor the customers’ portfolios of the assigned segment in terms of documentation, collaterals & deficient / deferred documents. Review in-house Bank standard Facility Offer Letter/ Term Loan Agreement, internal legal negotiated Facility Offer Letter/ Term Loan Agreement, security / support documentation in accordance with the credit approvals. Ensure all security / support documents lodged for in-house documentation have been properly executed and signatures are verified, and authenticity of the signatories are supported by resolution / POA. Rectify existing discrepancies / deficiencies in security documentation for facilities released under legacy records. Obtain approvals for deferral / waiver of incomplete documents. Integrate accurate and timely internal reporting and regulatory reporting. Review documentation deficiency (expired / deferred documents) reports and follow up for timely submission / renewal. Maintain up to date collateral data in the Bank’s system. Verify and confirm periodically at renewal of credit lines that all required security / support documents are lodged in the Bank’s system. Ensure all security documents are kept safe in vaults and a checklist is maintained. Authorize security documents / collaterals in the Bank’s system. Review / verify approvals obtained for permanent release of collaterals, security documentation and ensure there are no liabilities or outstanding and facilities are cancelled. Support 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. Advise Credit Control Unit for release of credit lines in the Bank's system.
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