Manager, Credit Control - Dubai & NE, First Abu Dhabi Bank

About the job

JOB SUMMARY / INTRODUCTION

The role is responsible for managing of credit limits relating to credit facilities and guiding the team members in the day-to-day transactions with respect to limit encoding & control. Further, he/she is responsible for ensuring that the team complies with the approved terms and adheres to policies, process and procedures of FAB Head office, representative offices, international branches and regulators.

KEY RESPONSIBILITIES

Authorize / Process/ Encode credit limits to ensure accurate detailing into the Banks Systems along with maintenance of Banks & Country Limits as per
Credit Approvals Maintaining accuracy with regards to application of interest rates, commissions, fees and charges. write off entries and all other limit control relates tasks.
Authorize / Process / Prepare day to day transactions – Loan memos, Processing tickets, PPC discounting/ settlements, SVC etc
Authorise/ Process customer grade changes and suspension of limits
Authorize / Prepare Liability/No Liability Certificates / Letters.
Authorise / Encode and maintain limits for approvals received from Credit for Initial CA / Annual Review/ Extension Memo / Interim & Administrative Memo from UAE and International branches (in accordance with the approved operating model) in line with the local regulations of the respective jurisdictions.
Authorise / Process Bulk upload for limit extensions for Corporate, PCG, Investment Banking Clients and FI limit
Process downgrade, upgrade of counterparties in system and Central Bank as per Credit Approval
Authorise/ Process monthly reports such as CBRB mismatch report and mismatch in ORR between credit application and GLCMS.
Authorise/ Process RB code in both systems GLCMS and T24 and give confirmation to stakeholders on limits before closing of account
Ensure 100% satisfaction rating by internal customers by providing superior service quality, manage internal customer relationships and ensure that queries and exceptions are addressed efficiently with proactive measures.
Ensure timely response to service and support requests, queries, escalations and deficiency reports.
Stay abreast of latest developing concepts, new regulations by the UAE Central Bank, other legal entities and Corporate Credit guidelines
Ensure adherence to published Standard Operation Procedures (SOP), Service level agreements (SLA’s) and understanding of relevant products, procedures and Delegation of Authority (DOA) of the Bank.