Manager Credit and Control
Company Name: | Emirates Islamic |
Employment Type: | Full Time |
Location: | Dubai |
Experience: | 5-7 years |
Degree: | Bachelor |
Gender: | Any |
Age: | Any |
Nationality: | Any |
Salary: | Unspecified |
No. Of Vacancies: | 1 |
Job Description: |
Managing the four core business support areas are as follow: 1. Document Support a .Support all Business Units by collecting postapproval documents such as FALFOL Islamic Master Agreement Corporate guarantees Deed of Assignment etc from Credit Administration Department and ensure accuracy by comparing with GES Approval b. Liaise with Client to i Attain signed FALFOLBinding Notices etc ii Obtain KYC documents such as Trade Licenses Commercial Licenses Emirates IDs etc iii Gather supporting documents such as Valuations Property Insurances Stock Insurances etc iv Ensure all documents are accurate and completeAuthorized signatories Company Stamps Witness Signatures etc 2. Monitoring a. Daily tracking and updating of Document Tracker for FOLFALBinding Notices b. Weekly tracking of Follow ups such as property stock insurances expiries valuations Key Man Insurances Assignment of Receivables etc c. Responsible for d. Reaching out to the client 1month in advance to obtain the property stock policy endorsement bank mortgage clause payment etc and verifications from Insurance company e. Reaching out to the client 3months in advance for property valuations Ensure that the valuer is an Emirates Islamic Bank approved valuer and report is addressed to the bank 3. Business Credit Monitoring Forum a .Gather monthly data i Credit Administration DepartmentCRAD to provide 1 Share Limit Expiry and FollowupsValuations insurances etc reports with BSU on the 10th of every month 2 Updating SharePoint BCMF portal BSU will provide comments in the SharePoint BCMF ii SP Deferral Download report from SharePoint Deferral and follow up where necessary b. Share with CRADRisk the report by the 19th of the month c. Review the final report prepared and shared by Risk and provide updates inputs where needed 4. Deferrals a. Daily update of Deferrals in SharePoint b. Reach out to clients as and were necessary to close out the items Remind RMs for items that require their input c. Prepare monthend report for BCMF Qualifications Experiences Over 5-7 years of experience in Business Support Credit and Control Corporate banking roles Over 2 to 3 years worked in Credit department for similar roles Knowledge & Skills Full understanding technical aspects of Credit and Controls Team Player – ability to work in a Matrix organization across different cultures. Good communication, people, and presentation skills. Ability to prepare business presentations and economic intelligence Strong sales capabilities, communication, and negotiation skills Ability to understand issues and structure solutions Good grasp of credit, financial analytical skills and wider knowledge of Trade, Treasury, and business financing services. Clear potential to further develop self, for larger role in leadership role in a transaction banking business |