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Mortgage Specialist

1 month ago


Dubai, Dubai, United Arab Emirates eMinds Full time

Job Title: Mortgage SpecialistLocation: DubaiVacancy: 1 VacancyQualifications:Bachelor of Business Administration (Management), MBA/PG Diploma in Business Management (Finance)Any NationalityJob Description:Our client partner, a well-known financial institution based in Dubai, is seeking a Mortgage Specialist with extensive experience in property management to join their team. The ideal candidate will have a strong background in maintaining and overseeing real estate properties, with a particular focus on tenant relations, working with property management companies and developers, and addressing field-related challenges. Experience in Dubai is essential, as the role requires knowledge of the local real estate market and its unique aspects.Responsibilities:Mortgaged Property Management:Administer all the mortgaged properties under the custodianship of our company.Review the Facility Offer Letters (FOL) for each property and ensure that the rent payments, where applicable, are regularly received by our company in the assigned collection account.Non-Payment of Equated Monthly Instalment (EMI):Escalate non-payment of the Equated Monthly Instalment (EMI) immediately to the Chief Operating Officer where next step action will be decided.Coordinate appropriate action with the Legal Advisor, AVP Collections and Recoveries, and Manager - Credit Operations in the event of non-payment.Documentation and Reporting:Maintain an accurate and up-to-date record of all the properties mortgaged to our company from the date of facility offer to the date of completion and ensure that all related documentation is safely stored.Prepare and present monthly financial reports detailing the real estate portfolio, payments, and delinquents to the Chief Operating Officer.Conduct regular financial valuation of the mortgaged property portfolio as per the Facility Offer Letters and our company's internal policies.Provide financial forecasts and projections for the mortgaged property portfolio.Monitor economic and market trends that may impact property values and financial performance.Customer Service:Respond to inquiries from mortgagees in a professional and timely manner.Provide assistance and guidance to mortgagees regarding property-related matters.Desired Candidate Profile:Bachelor's degree in Business Studies or equivalentA minimum of 5 years' relevant experience, with at least 3 years in mortgage lending or property management.Excellent spoken and written communication in both English and ArabicFamiliarity with mortgage lending and servicing practicesInterpersonal skills with different levels of managementDisclaimer: Naukrigulf.com is only a platform to bring job seekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advise against sharing personal or bank-related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com.#J-18808-Ljbffr