Specialist, Documentation CMB & PL First Abu Dhabi Bank FAB

Employer Active

Posted 6 hrs ago

Experience

3 - 5 Years

Education

Bachelor of Arts

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Preparing / reviewing the prepared in-house Bank standard Facility Offer Letter/ Term Loan Agreement, internal legal negotiated Facility Offer Letter/ Term Loan Agreement, security / support documentation 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.
Supporting in creation/release/amendments of securities/mortgages/charges/registrations with local government authorities and free zone authorities in various Emirates as per Bank s POA holders.
Reviewing and checking on daily basis all the lodged documents in Bank s system to ensure 100% accuracy.
Advising Credit Control Unit for release of credit lines in the Bank's system.

Skills:
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.

Desired Candidate Profile

Bachelor s degree in accounting / finance. 3-5 years experience in Corporate Banking with at least 3 years experience in the Corporate CAD function.

Department / Functional Area

Keywords

  • Specialist
  • Documentation CMB & PL

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First Abu Dhabi Bank FAB

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

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