Credit operations
Credit operations
- 1 Vacancy
- 10 Views
Offer Salary
$25,000.00 - $35,000.00 /monthly
For Freelance
No
Job Description
Direct message the job poster from TASC Outsourcing Senior Manager - Credit Operations Type - Outsourced Contract Duration - 12 months (Extendable) Work Location - Dubai Mandatory - Minimum of 5 yea...
Direct message the job poster from TASC Outsourcing
Senior Manager - Credit Operations- Type - Outsourced
- Contract Duration - 12 months (Extendable)
- Work Location - Dubai
Mandatory - Minimum of 5 years Experience in Corporate/Retail banking
Key Responsibilities- Transaction Management - Manage day-to-day credit operations including loan drawdowns, settlements, overdraft PPC discounting/dropping, and profit rate updates.
- Fee Processing - Process all types of fees (management, processing, commitment, one-off) and update facility limits as per Facility Offer Letters (FOL).
- Deposit & Letter Handling - Handle release of fixed deposits, issuance of liability/no-liability letters, and update extensions, deferrals, and instalment deferments.
- Monitor validity of facilities and update expired limits in the system.
- Verify finance credit limits and collateral against assigned thresholds.
- Review security documents prior to disbursement and confirm borrowing powers.
- Prepare and review Facility Offer Letters, security documentation, and supporting documents to ensure completeness and compliance with company policies, Central Bank regulations, and Shari'a requirements.
- Draft and review Letters of Intent, Murabaha agreements, and registration letters for Auto Finance.
- Obtain and retain approvals from relevant authorities for deferrals or waivers of incomplete documentation.
- Ensure timely and accurate lodging of security documents in line with Standard Operating Procedures (SOPs).
- Liaise with internal departments to ensure seamless delivery of services to corporate clients.
- Provide operational support to relationship managers and credit teams for smooth facility release.
- Update CBRB records for borrowing and non-borrowing customers, including removal of obligors for closed/settled accounts.
Regards
TASC Recruitment Team
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Job Overview
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Location
Dubai, United Arab Emirates
-
Offered Salary
$25,000.00 - $35,000.00 /monthly
-
Industry
Other -
Date Posted
1 week ago