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Documentation Specialist - UAE Nationals Only

Commercial Bank of Dubai

Posted on January 10, 2020

3 - 5 years United Arab Emirates - United Arab Emirates

Secondary School. Emirati (UAE)

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Opening 01

Job Description

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Principal Accountabilities:
Generating Offer Letters as per Credit approval terms for all segments new facilities as well as renewal of lines. This includes verification of previous documents obtained and preparation of the required documents.
Ensuring approval terms are correctly and clearly conveyed to borrowers with all applicable terms and conditions in borrowing documents.
Checking all documents required to be executed by the customer to ensure adequate security for the bank.
Verifying signatures in terms of constitutional documents and power of attorney held on record to ensure legal enforceability.
Review of existing collateral files to ensure completeness of borrowing documents and communicate discrepancies to Business teams.
Receive signed documents and ensure compliance with approval terms. In case of discrepancy, originate queries to Business for rectification.
Prepare daily, weekly, and monthly TAT reports
Preparation of mortgage contracts (new/increase/amendment) and letters addressed to Land department/municipality
Preparation of Manager Cheque Requests
Contacting customers to set up land department appointments
Coordinate with Land department/trustee offices to execute mortgages. Ensure that the Mortgage documents are collected back and deposited for safekeeping.
Processing mortgage release requests after obtaining approvals from sanctioning authority


Banking / Financial Services / Broking

Administration

Desired Candidate Profile


Qualifications:
Higher Diploma/ Bachelor Degree
Experience:
Desirable - 3 to 5 years experience in Mortgage registration and collateral management
Skills:
Written and spoken Arabic and English
Good Analytical/ Communication skills
Computer literate with strong working knowledge of business software applications, particularly word/spreadsheets

Keywords

Documentation Specialist - UAE Nationals Only

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Commercial Bank of Dubai

Established in 1969, Commercial Bank of Dubai (CBD) was founded by an Emiri Decree issued by His Highness, the late Sheikh Rashid bin Saeed Al Maktoum. Starting its journey as a joint venture between the Commercial Bank of Kuwait, Commerzbank, and Chase Manhattan Bank, CBD delivers a range of fin ancing solutions to several large corporate and government entities. CBD is the first financial institution in the Middle East to receive Social Accountability certification [SA 8000] from Det Norske Veritas (DNV).





Since its inception, CBD has successfully transformed into a modern and progressive banking institution. Its leadership consists of industry experts that ensure bringing complete client satisfaction. The Bank offers competitive rewards and benefits to its employees.



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