Manager- Escrow Management
6 days ago
- To support in monitoring RealEstate Escrow account opening (Main and Retention) by liaising withCAD upon obtaining the relevant approvals from the respectiveEmirates Regulators i.e. RERA/DUPM/RAKRERA and the documents fromDevelopers.
- To communicate (updateTAS ifapplicable or any regulatory system) the account details to theRegulators/Developers.
- To attend clientmeetings involving the Audit firms that are approved auditors bythe Regulator and to gather information for the audit scope workclosely with Developers / External Audit Firms to finalize adetailed project audit report as per approved auditscope.
- Handle requlatory requiremnets inlinewith the regulations.
- To monitor the developersrequests received from regulatory system and validate if it is asper regulations and then proceeds.
- Focus isprimarily on CIB clients and chosen Business Bankingclients.
- Close liaison with staff from GTBAdvisory Client Services Payment Centre Channel Support Branchnetwork Relationship Managers IT Desk Operations and other relevantstakeholders in the implementationprocess.
- Participate in review of clientagreements service standards and service quality to ensure that wemeet and exceed the expectations of ourclients.
- Educating the clients about therelevance of Escrow laws and their rights / limitations ifany.
Qualifications:
- At least 5years experience in Escrow services / Banking operations out ofwhich some Corporate/Project Finance experience ispreferred.
- Good understanding of local andinternational GTB products international cash management electronicplatform operations
- Excellent understanding ofEscrow laws regulations and practices as an escrowagent..
- Excellent customer serviceskills.
- Sound Knowledge of Corporate and otherBanking products and operations.
- Languageproficient: Fluent (business)English
AdditionalInformation :
FABthe UAEs largest bank and one of the worlds largest andsafest institutions offers an extensive range of tailormadesolutions and products and services to provide a customisedexperience. Through its strategic offerings it looks to meet thebanking needs of customers across the world via its marketleadingCorporate and Investment Banking and Personal Bankingfranchises.
RemoteWork :
No
EmploymentType :
Fulltime
Key SkillsAbinitio,LiftingEquipment,Customer Service,Apache Commons,BusinessManagement
Experience: years
Vacancy: 1
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