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Specialist- Agency Facility

First Abu Dhabi Bank

Abu Dhabi, UAEAED 6,000-16,000/moToday
UAEFinance & AccountingFull Time

Skills Required

AwsExcel

Job Description

This role is primarily responsible for handling and controlling Agency middle office support activities to ensure smooth work flow and delivery of high quality and timely service to internal customersResponsible for assuring accurate recordkeeping and execution of all Agency middle office support activities including: monitoring borrowing status preparing new borrowings rollovers rate sets conversions repayments and prepayments. This role will act as the primary contact/coordinator for clients lenders and business partners for facilities we act as Agents/ArrangersReporting audit confirmations and other related tasksLiaise and coordinate with Loan Agency business unit External customers agency back office and internal stakeholders.KEY ACCOUNTABILITIESPolicies Systems Processes & ProceduresFollow all relevant departmental policies processes standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.Demonstrate compliance to organizations values and ethics at all times to support the establishment of a value drive culture within the bank.Continuous ImprovementContribute to the identification of opportunities for continuous improvement and sustainability of systems processes and practices considering global standards productivity improvement and cost reduction.ReportingAssist in the preparation of timely and accurate statements and reports to meet department requirements policies and quality standardsJob ContextZero Ops Loss; NIL near miss / income leakage event; target zero high risk errorTarget zero complaints minimum 95 % adherence to TAT standards as agreed with business. Achieve more than 90% satisfaction score in the internal customer survey.Nil unauthorized breaches in Policy/regulatory requirements and SOPs. Satisfactory rating in all audits - INA/RMU/ORCNil breaches in housekeeping (reconciliations tracers DCFCL etc.).NIL critical findings in regulatory /external/internal audits.No. of PI (process improvement) proposals found fruitful by management. No. of successful PIs implementedWork with the line manager in introducing strong tools/processes to identify/ease operational risks attached to the unitPursue opportunities for enhancing operational efficiencies along with adequate monitoringEnsure excellent housekeeping standards at all timesSupport multi desks and multi functions within the departmentEnsure process enhancements/amendments are duly covered by a process note signed off by stakeholdersReviews Agency LMA agreements to ensure servicing & administration of loan portfolios are accurateReview and negotiate administrative issues of operational aspects of Credit AgreementsCoordinate movement of funds related to initial funding and closing of dealsWork closely with the Agency Desk Borrowers and Bank GroupCalculate invoice and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective including Agency and Amendment fees as well as all quarter end activitySee through each transaction; disbursements rollovers assignments waivers consents extensions and amendments together with the Borrower Participants and Loan Agency BusinessLiaise between Borrowers and Lenders ensuring compliance with the terms of the Credit AgreementProcesses / approves deal customer set ups and other maintenance related activities pertaining to the agency portfolioUtilizes specialized knowledge of these areas as well as applicable internal policies procedures systems and laws and regulations to handle escalated situations effectively.Assists with other Loan Servicing functions as requested including department projects and systemExecution of testing / follow up / implementation of system related issues queries errors and developments upgrades enhancements and conversions.QualificationsMinimum QualificationBachelors degree or related discipline.Minimum ExperienceRelevant experience in the banking sector with at least 6-8 years in similar positions of progressively increasing approving responsibilities in the Agency facility function.Remote Work:NoEmployment Type:Full-time#J-18808-Ljbffr