Manager - Credit Control

Role Overview

Manager - Credit Control at ADIB, located in Abu Dhabi.

Role Purpose

The position serves as the final quality filter in the credit limit approval process, reviewing customer exposures for adequacy, correctness, policy compliance, and documentation standards. The role manages different business segments with focus on Wholesale Banking, Business Banking, and Financial Institutions (including syndicate financing). It ensures the Bank is protected with appropriate source documents, legally enforceable charge documentation, assigned insurance policies, and adequate underlying security value prior to limit release, with effective control and monitoring through follow-up systems.

Key Responsibilities

Limit Authorization & Documentation Review

• Authorize credit limits in system for all assigned segments after ensuring all terms and conditions from the Credit Approval have been met and all securities and required documents obtained.
• Scrutinize facility documentation and related securities for Wholesale Bank, SME, syndication, and Financial Institutions.
• Prepare and review FOL, credit facility, and security documentation to ensure all approved terms and conditions have been incorporated.
• Prepare documentation checklists for all clients within the assigned segment.

Systems Management & Data Integrity

• Ensure timely update of all systems with credit-related information such as Risk rating, Expiry dates, and Collateral details.
• Identify irregularities, deviations, and exceptions and update relevant systems to ensure proper tracking.
• Participate in User testing for various system enhancements and changes related to credit control functions across assigned projects.

Operations & Team Management

• Organize team assignments, supervise workflows, and oversee operations for assigned business segments.
• Assist and support the Unit Manager in managing available resources to conduct related responsibilities in Limit Management and Documentation effectively and efficiently.
• Support the unit in registering and releasing mortgage by visiting Land department.

Security & Compliance

• Process release of security requests after ensuring required approvals have been obtained and facilities have been settled.
• Review and report Excess over limits in a timely manner.
• Identify irregularities and deviations to ensure proper tracking.

Stakeholder Support & Reporting

• Extend proper advice and assistance to Relationship Managers and CCD staff when required.
• Provide the best support to business partners and maintain turnaround time as per SLAs for handling credit control-related functions.
• Report exceptions to business and Credit Managers on a monthly basis.
• Assist the line manager in timely implementation of recommendations from Credit Review and Audit Department.
• Provide assistance to the Manager in formulating and implementing SOPs for the department.

Qualifications & Experience

• 10 to 12 years of Banking experience, of which more than 5 years in the area of credit administration and documentation.

Skills & Competencies

• Thorough understanding of Commercial products and Islamic Banking, with proactive approach to problem-solving.
• Good understanding of technological issues with sound analytical ability and PC skills.
• Thorough understanding of UAE company Laws and fair acquaintance with Legal issues attaching to commercial financing.
• Knowledge of Islamic and Sharia-compliant banking products and practices.
• Effective communication skills in English; preferably knowledge in Arabic.