Senior Officer- Retail Loans Operations
تفاصيل الوظيفة
Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.Job DescriptionThis role is primarily responsible for processing the following category of loans and related transactions:Personal Loans, Personal Instalment Loans, Auto Loans, Business Banking Loans (SME), Mortgage loans, Staff loans, Khalifa Fund, NDDSF loans and Leverage Loans including below activities which comprises part of the disbursal process:-Manual Block placements/releaseManual Settlement of existing loansInternal Transfer of funds (A2A)Issuance of Manager's ChequesManually set up interest rate in T24 (For forward rate in addition to existing rate)Set up customized payment scheduleFee recoveryTranche payment & MC issuance or remittanceAlso, processing of maintenance activities like:Settlement (Full/Partial)Past Due RecoveryWrite offBlocking, unblocking and block adjustmentAdvance placement in RPAPriority Account SetupLoan Restructure (Placing of blocks, principal increase, PD recovery, deferral etc. )Remittance, block release or adjustmentIn addition, coordination with other sections of Operations and internal stakeholders to ensure smooth work flow and delivery of high quality and timely service to internal customersDetailed ResponsibilitiesValidation and processing of new loans received through CAS, input/create new loans in T24 for manual bookings including validation of DOAExecution of additional steps post disbursement of a loanDiarizing of transactions wherever second day steps/activities are involvedProviding remittance instruction to Payment Centre wherever applicableSignatures obtained on the MCs as per the DOA matrixEOD checks to be performed for unauthorized transactions & printing of daily vouchersScanning and archival of the documentsDisbursal memos (wherever applicable) should be forwarded for "Transaction Authorization Limit" sign-off as per Loan Ops DOA matrixEnsuring efficient, error free processing of transactions with strict compliance to policies, SOP and within the agreed SLAsTo minimise operations risks for the Bank by ensuring that all transactions that are processed comply fully with underlying customer or internal instructions.Ensuring conformance to internal procedures / policies / guidelines and local and international norms and regulations as applicablePerforming internal accounts & MC stock reconciliation on a daily basisUndertaking all daily-processing activities related to a particular product or sub functionTo be responsible as primary custodian of security itemsTo participate actively in the various initiatives within section / unit / department/division/group and the Bank as and when requiredTo engage on any other activity, falling within pretext of a ProcessorProviding periodical reports and management information for effective decision makingInvolvement and participation in various UAT activitiesHandling loan related queries raised by Internal Stakeholders, timely response to be providedDCFCL to be maintained and signed off of a daily basis Key Accountabilities:Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.Demonstrate compliance to organization's values and ethics at all times to support the establishment of a value drive culture within the bank.Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.ReportingAssist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards. Job context:Zero Ops Loss; NIL near miss / income leakage event; target zero high risk errorTarget zero complaints, adherence to TAT standards and SLAs as agreed with business. Achieve satisfaction score in the internal customer survey as per department target.Nil unauthorized breaches in Policy/regulatory requirements and SOPs. Satisfactory rating in all audits - INA/RMU/ORCNIL critical findings in regulatory /external/internal audits.Ensure smooth Implementation of PI (process improvement) proposals found fruitful by management.Work with the line manager in introducing strong tools/processes to identify/ease operational risks attached to the unit. Pursue opportunities for enhancing operational efficiencies along with adequate monitoring.Ensure excellent housekeeping standards of Loans transactions documents, Security items and stationeries.Functions within the framework and boundaries of Group policies as well as overall organizational and governance frameworks.Authorized to take decisions as per the approved authorization matrix.QualificationsBachelor's degree in Commerce, Accounting and Finance or related discipline.4-5 years' relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in Retails Loans function.
#J-18808-Ljbffr Management & Operations
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