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banking jobs and careers in UAE 2023 | First Abu Dhabi Bank

   banking jobs and careers in UAE 2023 | First Abu Dhabi Bank

banking jobs and careers in UAE 2023 | First Abu Dhabi Bank

FAB Bank announced on its official Linkedin page a vacancy

Senior Officer - Documentation CMB & PL - DXB


First Abu Dhabi Bank (FAB) بنك ابوظبي الأول

  • First Abu Dhabi Bank (FAB), the largest bank in the UAE and one of the largest financial institutions in the world, offers a wide range of solutions, products and services tailored to provide a personalized banking experience.
  • Through its strategic offerings, it looks forward to meeting the banking needs of customers around the world with market-leading corporate and investment banking franchises and personal banking services.
  • The bank's headquarters is located in Abu Dhabi, in the Khalifa Business Park, and the bank's international network extends to more than 19 countries, all over the world, providing global relations, experience and financial strength to support local, regional and international companies seeking to do business at home and abroad.
  • In line with its commitment to putting customers first, in order to grow stronger, FAB will continually invest in people and technology to create a more convenient banking experience for customers and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
  • To enable its clients and customers to grow stronger, FAB is embarking on a powerful move that goes beyond banking services.
  • The Grow Stronger movement represents the Bank's promise to support shareholders' goals and growth ambitions, and to provide insights, tools and expertise to help them become stronger, today and in the future.
  • With a strong and diversified balance sheet, leading efficiency and a strong corporate governance structure, FAB is poised to drive growth forward.


Job 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 the in-house 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 in-house 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 Bank’s system.
  • Performing periodical clean-up 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 Bank’s 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 Bank's system.


Qualifications

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


For more details and apply, click here

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