Credit Administration Manager

2 weeks ago


Dubai, Dubai, United Arab Emirates ruya Full time
Credit Administration Manager - Retail & SME

The Credit Administration Manager will oversee and manage all post-approval credit administration activities for SME and Retail segments. The role ensures compliance with internal policies, Islamic finance principles, and regulatory requirements while maintaining high-quality standards in documentation, security management, and credit monitoring.

Key Responsibilities

Documentation Review and Verification
  • Review and verify the completeness and accuracy of facility documentation prior to facility disbursement, such documents include KYC & KYB documents, Credit approval conditions, Facility offer letters, Murabaha agreements, security documents such as guarantees, security cheques, promissory notes, etc.
  • Ability to manually prepare the above documents in the absence of the Finance originating system.
  • Ensure all documents adhere to the bank's standards and regulatory requirements.
  • Initiate call verification & field visit verification with retail & SME customers.
Facility Disbursement and Monitoring
  • Process disbursements for SME and Retail credit facilities, ensuring that all conditions precedent are met.
  • Set up and manage credit limits for SME customers.
  • Ensure collaterals registration with the relevant authority as needed.
  • Monitor client compliance with facility terms, including timely repayments, utilization limits, and conditions specified in approval letters.
Facility Maintenance and Security Management
  • Maintain an updated repository of all security documents in a secure and organized manner.
  • Ensure timely renewal and validation of securities, guarantees, and insurance policies associated with facilities.
  • Monitor facilities for compliance with collateral requirements and notify stakeholders of any discrepancies.
Verification and Monitoring
  • Conduct call verifications to validate customer employment details prior to facility disbursement.
  • Monitor salary accounts for regular salary transfers and flag inconsistencies for immediate review.
Risk Grading and Reporting
  • Update and maintain correct risk grading for all clients, ensuring alignment with regulatory and internal frameworks.
  • Update the Central Bank of the UAE (CBUAE) risk bureau for all facilities.
  • Coordinate with Credit Underwriting, Risk, Shari'ah, and Legal departments to resolve documentation or compliance issues.
  • Support the Business team in responding to client queries related to documentation or security requirements.
  • Assist in the preparation and review of credit reports, risk assessments, and portfolio analysis.
Process Optimization
  • Conduct a comprehensive review of existing credit administration workflows, identifying inefficiencies and bottlenecks.
  • Propose and implement process enhancements to improve turnaround time and reduce manual interventions.
  • Explore AI/ML based solutions to enhance operational efficiency and reduce manual activities.
Additional Tasks
  • Oversee facility closures and release of securities.
  • Process approved after sales transactions such as deferments, partial settlements, full settlements, issuing of liability & no liability letters.
  • Monitor delinquent accounts and identify high-risk customers.
  • Contact delinquent customers to arrange payment plans or settlements.
  • Work closely with Risk, Credit, and Legal teams to manage high-risk cases.
Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Other

Industries

Banking

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