Senior Officer, Credit Documentation (UAE National)

Senior Officer, Credit Documentation (UAE National)Commercial Bank of DubaiLocation: Dubai • Job Type: Full-time • Nationality: UAE NationalRoles and ResponsibilitiesEnsure Quality Asset Management by following the Bank’s Credit policies and relevant UAE Central Bank/Government guidelines.Adhere to UAE laws and regulations regarding collaterals and the legality of documents, coordinate with the legal department, review and ensure drafting of facility letters/loan agreements align with the approved Credit application and the documentation SOPs for all Wholesale Banking credit facilities (conventional and Islamic), including NTB/ Renewal/ Amendment requests.Ensure documentation procedures are followed in finalizing facility offer letters/loan documents, collateral documentation and other required documents, covering all legal aspects.Ensure fit-to-lend checks are carried out per the documentation procedure and that all collateral documentation (including mortgages) and CPs are executed as per Credit approval before authorizing CMO limits & collateral management unit to release limits.Ensure deferrals approved by Credit are communicated to the CMO limits & collateral management unit for tracking; conduct periodic follow-ups to ensure deferrals and deficient documents are cleared timely to maintain perfect facility documentation and mitigate credit & legal risk. Inform management with current status and actions taken when required.Ensure lodgement & safekeeping of facility documents is timely and vault operation is carried out per the safekeeping policy in the documentation SOP.Ensure periodic inspections are carried out to verify tangible collateral, including bank liens registered with the respective authorities as per statutory requirements.Ensure all required approvals are in place before releasing original documents/securities.Ensure the team duties are executed to maintain quality and minimize potential loss; monitor workflow efficiency to ensure timely preparation/execution of documents within the SLA timelines.Review day-to-day functions of the team to ensure all activities comply with policies & procedures.In GeneralManage, develop skills, provide required training, empower and motivate staff to meet team objectives, including individual goals.Measure and monitor standard processing time and transaction volumes; improve productivity through benchmarking.Maintain KPI & balance scorecards for staff, including recognition for good performers.Prioritize and allocate daily work for officers and senior staff to ensure timely completion and support departmental objectives.Ensure related MIS reports (SLA, TAT, Activity report, transaction report, Operations risk, Internal control checklist, etc.) are completed/submitted as per timelines.RequirementsQualificationsBachelor’s degree, preferably in Finance.MS Office proficiency (Word, Excel, spreadsheets).Knowledge of Core system and other related satellite systems.ExperienceMinimum 3 years in the banking sector with 3 years in Credit documentation.Sound Corporate Credit knowledge.SkillsExcellent communication skills.Written and spoken English.Good report writing skills.Good knowledge of legal and statutory requirements relevant to banking.Computer literate with strong working knowledge of word processing and spreadsheets.CompetenciesStrong leadership qualities/Team Management.Planning, organizing & decision making.Analytical thinking & problem solving.Concern for quality and for developing subordinates.High level of commitment in every aspect of work & CBD values.Job code: EX-C456E53ACompany: Commercial Bank of DubaiBe vigilant about potential scams, phishing attempts, or fraudulent activities, and seek credible sources or reviews to assess the trustworthiness of the company. Remember, your personal and financial security is paramount, and taking preventive measures is crucial to safeguarding your information from potential risks and unauthorized use. SupportFinity is not responsible for any consequences that may arise from disclosing such information to unauthorized or fraudulent entities.#J-18808-Ljbffr