Senior Credit Documentation Officer

Role Overview

Senior Credit Documentation Officer at ADIB in Abu Dhabi, UAE.

Role Purpose

This role acts as the final filter in the limit approval process, reviewing and scrutinizing exposures undertaken by the Bank for adequacy and correctness against Credit policies, Product Manuals, departmental SOPs, and documentation standards. The position ensures the Bank is protected with appropriate source documents, legally enforceable charge documentation and securities, duly assigned insurance policies, and adequate underlying security values prior to limit disbursement, with effective control and monitoring through a follow-up system.

Key Responsibilities

Compliance & Approvals

• Ensure all terms and conditions stipulated in Credit Approval as precedent to disbursement of limits have been duly complied with.
• Verify all securities and required documents have been obtained prior to releasing limits for the assigned segment, with specific waivers or deferrals documented on record if not.
• Identify irregularities, deviations, and exceptions and log them into the exception report after obtaining required approvals for tracking and monitoring purposes.

Documentation & Legal Standards

• Prepare and review FOL/Agreements/Security documents to ensure compliance to legal standards, credit policies, and approvals under supervision of Team Leader.
• Ensure adequate safe custody of all Credit and security documentation for assigned segment.
• Prepare documentation checklist for all clients within the assigned segment.
• Process release of security requests after ensuring required approvals have been obtained and facilities have been settled.

Systems & Record Management

• Ensure timely update of all systems with credit-related information such as risk rating, expiry dates, and collateral details.
• Update activities in daily log.
• Report on customer exposure details to Central Bank.
• Report overdue exceptions to business and Risk Managers monthly.

Operations & Support

• Assist the Team Leader in timely implementation of recommendations of Credit Review/Audit Department.
• Provide the best customer service to business partners and maintain turnaround time as per SLAs for handling and releasing facility limits.
• Provide assistance to the Manager in formulating and implementing SOPs for the department.
• Support Team Leader in completion of assigned projects.
• Act as a backup for Custodian of security Chubb keys.

Qualifications & Experience

• 7 to 10 years of banking experience.
• 3 or more years' experience in credit documentation and operations.

Skills & Competencies

• Thorough understanding of Bank's policies and product knowledge.
• Thorough understanding of Islamic credit products.
• Good understanding of technological issues with sound analytical ability and PC skills.
• Effective communication skills in English.
• Preferably knowledge in Arabic.
• Ability to work independently with minimal supervision.