Senior Officer- Retail Loans Operations

دوام كامل في a Laimoon Verified Company في UAE
نُشرت يوم October 26, 2024

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 at a top company, in an exciting and dynamic industry.Job DescriptionThis role is primarily responsible for processing the following categories of loans and related transactions:Personal LoansPersonal Instalment LoansAuto LoansBusiness Banking Loans (SME)Mortgage LoansStaff LoansKhalifa FundNDDSF LoansLeverage LoansResponsibilities include:Manual Block placements/releaseManual Settlement of existing loansInternal Transfer of funds (A2A)Issuance of Manager's ChequesManually set up interest rate in T24Set up customized payment scheduleFee recoveryTranche payment & MC issuance or remittanceProcessing of maintenance activities includes:Settlement (Full/Partial)Past Due RecoveryWrite offBlocking, unblocking, and block adjustmentAdvance placement in RPAPriority Account SetupLoan RestructureRemittance, block release, or adjustmentCoordination with other sections of Operations and internal stakeholders is essential to ensure smooth workflow and delivery of high-quality and timely service to internal customers.Detailed ResponsibilitiesValidation and processing of new loans received through CASExecution 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 for unauthorized transactions & printing of daily vouchersScanning and archival of documentsForwarding disbursal memos for "Transaction Authorization Limit" sign-offEnsuring efficient, error-free processing of transactionsMinimizing operational risks for the BankEnsuring conformance to internal procedures and regulationsPerforming internal accounts & MC stock reconciliation dailyResponsible as primary custodian of security itemsParticipating actively in various initiatives within the bankProviding periodical reports and management informationInvolvement in various UAT activitiesHandling loan-related queries raised by Internal StakeholdersMaintaining DCFCL on a daily basisKey Accountabilities:Follow all relevant departmental policies and proceduresDemonstrate compliance with the organization's values and ethicsContribute to the identification of opportunities for continuous improvementReporting:Assist in the preparation of timely and accurate statements and reportsJob Context:Zero Ops Loss; NIL near miss/income leakage event; target zero high-risk errorTarget zero complaints, adherence to TAT standards and SLAsNil unauthorized breaches in Policy/regulatory requirementsEnsure smooth implementation of PI proposals found fruitful by managementPursue opportunities for enhancing operational efficienciesEnsure excellent housekeeping standards of Loans transactions documentsFunctions within the framework of Group policiesAuthorized to take decisions as per the approved authorization matrixQualificationsBachelor's degree in Commerce, Accounting and Finance, or related discipline4-5 years' relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in Retail Loans function.

#J-18808-Ljbffr Management & Operations

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Share this job
See All Senior Jobs
تعليقات وملاحظات تعليقات وملاحظات