Senior Credit Control Officer

Role Overview

Senior Credit Control Officer at ADIB, Abu Dhabi, UAE. The role exists to ensure accurate preparation, review, and timely registration of Islamic finance documentation while safeguarding the Bank's interests through compliance with credit policies, legal requirements, and Sharia guidelines.

Role Purpose

Maintain sound knowledge of Islamic financing structures, facility agreements, and collateral documentation. Prepare and review bilingual documentation in line with approved terms and conditions. Undertake thorough review and validation of executed finance and security documents to confirm execution by duly authorized signatories. Ensure timely registration and perfection of securities and collaterals with relevant authorities in compliance with Credit Risk Policy, procedures, CCD SOPs, and applicable legal and Sharia guidelines. Safeguard the Bank's interests by ensuring documentation enforceability under UAE laws and regulations. Maintain and update facility limits, review and expiry dates, collateral records, risk grades, and registration of movable assets (EIRC).

Key Responsibilities

Documentation Preparation and Review

• Prepare Facility Letters, Facility Agreements, and Security/Collateral documents on a bilingual basis (English and Arabic).
• Ensure use of approved legal and Sharia templates with comprehensive incorporation of all approval terms and conditions.
• Prepare and review documentation in both English and Arabic in accordance with approved standard legal and Sharia-compliant templates.
• Conduct detailed review and vetting of executed Facility Agreements and Security/Collateral documents in compliance with Credit Risk Policies, CCD SOPs, standard process flows, and applicable legal and Sharia guidelines.

Compliance and Authorization

• Ensure all credit approvals are obtained strictly in line with the approved Delegation of Lending Authority (DLA).
• Verify that all documents are duly executed by authorized signatories in accordance with valid constitutional documents.
• Ensure that required legal opinions (internal/external counsel) are obtained and signatures are appropriately validated.
• Undertake thorough review and validation of executed finance and security documents to confirm execution by duly authorized signatories in line with valid constitutional documents.
• Demonstrate sound understanding of reviewing and vetting documents executed by offshore entities or documents executed outside the UAE, ensuring compliance with applicable legal, regulatory, and jurisdictional requirements.

Collateral and Asset Management

• Ensure timely registration of collaterals (as applicable), and in line with applicable laws, jurisdictions, credit policies, CCD SOPs, and legal requirements.
• Ensure timely registration and perfection of securities/collaterals with the relevant authorities, in compliance with Credit Risk Policy, procedures, CCD SOPs, and applicable legal and Sharia guidelines.
• Maintain and update facility limits, collateral details, EIRC registrations, and risk grades in alignment with approved terms and executed documentation.
• Maintain and update facility limits, review/expiry dates, collateral records, and risk grades, including registration of movable assets (EIRC), and ensure accurate and timely updating monitoring and follow-up trackers.

Operations and Process Management

• Adhere strictly to CCD-approved SLAs, ensuring efficiency, controlled, and timely processing of all assigned activities with due diligence.
• Demonstrate the ability to multitask and actively contribute to CCD projects and initiatives.
• Support managers and team members in ensuring completion of all deliverables within prescribed turnaround times.
• Proactively contribute to strengthening controls, supporting process automation, simplification, and participating in the implementation of process improvements.

Stakeholder Management and Communication

• Maintain professional and collaborative relationships with stakeholders including business, credit, risk, legal and Sharia, ensuring timely resolution of queries and effective communication.
• Ensure sound understanding and learning of all product programs and their respective process flows, in accordance with approved Sharia and product guidelines and standard documentation.
• Handle additional required tasks or assignments assigned by the line manager.

Qualifications & Experience

• 7 – 10 years of banking experience.
• 3+ years' experience in credit documentation and operations.

Skills & Competencies

• Thorough understanding of Credit Risk Policies, CCD/Credit administration functions, and Facility structures.
• Thorough understanding of Islamic Banking Asset and Liabilities products.
• Good understanding of technological issues with sound analytical ability and PC skills.
• Effective communication skills in English and Arabic.
• Ability to work independently with minimal supervision.