Specialist – Documentation Preparation and Vetting

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Job Description

Job purpose: 

  • To ensure security documentation for approved credit facilities are valid, complete and comply with ADCB’s policies, procedures, approval terms and conditions and regulatory requirements to protect ADCB’s risk against credit default

Accountabilities:

  • Credit Documentation Preparation: Review approved credit facilities and prepare the required facility, security/charge documents in accordance with the stipulated terms and conditions to protect the bank against the risk of default on onward submission to business
  • Credit Documentation Validation: Receive the executed security documents from business and conduct vetting of the legal aspects to ensure that bank’s security documents are in line with the approved terms and conditions and are complete, valid and enforceable
    Provide documentation clearance to WCAD and hand over all original executed security documents to custodial officers in order to update the bank’s systems for subsequent monitoring and follow up
  • Operational Risk:Liaise with Business/Credit/Legal during the process of preparation or vetting to clarify and resolve any ambiguity relating to documentation or other concerns
  • Policies, Processes, Systems and Procedures: Adhere to all relevant organisational and departmental policies, processes and standard operating procedures, and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders
  • Self Management: Manage self in line with the bank’s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance
  • Customer Service: Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions

Key Working Relationships:

  • Department Head:To provide updates, obtain approvals and take direction
  • Line Manager: To provide updates, obtain approvals and take direction

Skills

  • At least 5 – 8 years of experience (depending on the complexity of the segment handled) in banking in a Credit/Credit Administration function and at least 3 years of experience in loan documentation
  • Bachelor’s Degree in Finance, Business, Accounting or Banking
  • Knowledge of local banking practice for handling of security documents for corporate products and UAE law in respect of perfection of security. (minimum 5 years )
  • Microsoft Office (Word and Excel)
  • Written and spoken English & Arabic
  • Knowledge of corporate loan documentation, products and process
  • UAE Regulatory practices and legal system
Area
Abu Dhabi, UAE