Officer -centralized Credit Admin (Ccad)

6 months ago


Dubai, United Arab Emirates Pact Employment Services Full time

We are hiring for Officer -Centralized Credit Admin for a reputed Bank in UAE.

Position: Officer -Centralized Credit Admin (CCAD)

Location: Dubai

Job Responsibilities:

- On receipt of approved Credit Application (Conventional & Islamic), check the supporting documents i.e. constitutional/mandate received from Business Units to ensure they are complete in all respects and in order, such as Trade Licences; Passport copies; Memorandum & Articles of Association - power to borrow; to mortgage ; to extend third party guarantees; power of attorney, etc. Incomplete documents to be requested and obtained from the business Units.
- Review changes to limit structures/security/covenants conditions etc. for purpose of preparing Facility Offer Letters/Agreements and other related security documents.
- Prepare Facility Offer Letter/Loan Agreement and forward the draft to the concerned Relationship Manager for confirmation (if required).
- Upon receiving confirmation of draft Facility Letter from the Business Unit (if required), prepare/type the final Facility Letter and other related security documents together with a documents check list and forward the final documents package to Manager - Documentation for final review and sign off.

Bachelor’s Degree related to a business field such as accounting or economics is required

Professional Qualifications MBA/Banking Diploma would be preferred.

Work Experience Minimum of 3-4 years of banking experience with sound knowledge in credit administration and documentation. Work experience with other departments (Operations and Trade Finance) is an advantage.


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