Collateral Risk Analyst
6 days ago
We are seeking an experienced Collateral Risk Analyst to join our team at Sharjah Islamic Bank. As a key member of our Credit Administration department, you will be responsible for ensuring the effective implementation of approved facilities in our core banking system.
Key Responsibilities:- Verify credit approval sheets and ensure all terms and conditions are met.
- Request clarification from senior officers or other departments as needed.
- Monitor customer positions and limits in the system and ensure all outstanding and available limits are up-to-date.
- Create secured limits and review setup processes.
- Review data sequences and codes to ensure accuracy.
- Autorize limits for treasury FX and investment after receiving confirmation.
- Authorize overdrafts and secured limits as per credit-approved facilities.
- Manage multiple project-related limits and authorize separate global limits for each project.
- Limit authorization for special Modharabah investment accounts and linked collateral.
- Review conditions required in notes and temporary increase authorized limits.
- Temporary extension authorization for review dates upon credit/business approval.
- Handle technical issues related to core banking systems and supervise central bank risk bureau updates.
- Review and finalize monthly reports for limit expiries, GL accounts reconciliation, and asset pending sales.
- Review approvals, physical documents, and securities to authorize collateral rights and collaterals.
- Release securities mortgaging, both permanent and temporary, and update original documents and safe locker systems.
- Manage physical files of deals and limits in filing rooms and review authorizations for vehicle mortgages.
- Follow up on requests for collateral and review physical documents from CAD Helpdesk.
- Update deferrals/waivers in core banking systems and generate settled deals reports.
- Approve retrieval of files from archives and update customer profiles in core banking systems.
- Update Central Bank Risk Bureau and reconcile accounts containing CAD transactions.
- Generate exception reports and communicate with central bank officials.
- Review and update SOPs for improving processes and procedures.
- Manage and organize teams for task completion and provide guidance on risk management tools.
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Assistant Manager
6 days ago
Sharjah, Sharjah, United Arab Emirates Sharjah Islamic Bank Full timeSharjah Islamic Bank is seeking a highly skilled Assistant Manager - Collateral Management to join our team. As a key member of our Credit Administration department, you will be responsible for ensuring the effective implementation of approved facilities in our core banking system.Key Responsibilities:Verify credit approval sheets and ensure all terms and...
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