Mortgage Specialist

MBA/PG Diploma in Business Mgmt(Finance)Nationality Any Nationality Any Vacancy1 Vacancy Job Description To review a customer application to determine the potential of a customer to pay against a loan based on their income and current existing liabilities. Applying ENBD current policies to determine the feasibility of loan request and safeguard Bank’s interest by ensuring prudent lending for both resident and Nonresident, salaried and self-employed customers. It includes reviewing all customer documents and visit business premises for meeting customer or authorized personnel to understand the business in depth as and when required.Job Responsibilities Responsible for reviewing, analyzing, and underwriting loans for Self Employed, Company and Salaried Customer within Emirates NBD and UAE Central Bank guidelines.Dependent on division and complexity of underwriting, functions includes: Understanding the entire audited financial statements including Balance Sheet, Profit and Loss Statement, Cash Flow statements and it’s inter relations. Understand the various notes on the audited Financials.Preparing the financial spreads and calculate various rations like DSCR, Debt to equity, Current ratio, liquid ratio, debtor days, creditor days, etc.,Examining transactions to ensure accuracy and completeness;Preparing formal reports for escalation to GRC / CBU / CLC / Compliance;Ensuring that documents are consistent and uphold to company and Central Bank guidelines;Implementing fraud detection techniques, performing compliance reviews;Assisting with re-negotiations of loans based on lending guidelines;liaising with Sales for clarification regarding applications Marking errors made by processors Attend to requirements of Audit and Compliance Act as a referral point for escalation / credit reviews / inputs to Business teams Business verification at the company premises as and when required.Work in partnership with team captain to achieve team and unit goals.Desired Candidate Profile Person Specifications Experience in UAE Mortgage industry / Mortgage Credit/SMEMortgage and Lending knowledge Knowledge of underwriting criteria and risk assessment.Ability to assess credit report, income and debt to income ratios.Understanding of mortgage laws.Arabic speaker preferred.What We Offer You Competitive salary package.Strong emphasis on work-life balance and employee wellbeing.Access to world-class Learning & Development platforms for career growth.Generous annual leave and comprehensive Private Healthcare coverage.Preferential banking facilities for employees Employment Type Full Time Company Industry Banking Broking Department / Functional Area Finance Treasury Keywords Mortgage Broker Client Assessment Proposal Preparation Mortgage Consultant Residential Loan Consultant Loan Specialist Mortgage Specialist Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com People Looking for Mortgage Specialist Jobs also searched Emirates NBD Bank PJSC is Dubai's government-owned bank and is one of the largest banking groups in the Middle East in terms of assets. #J-18808-Ljbffr