Senior Officer Wholesale Credit Operations.

Activated Credit facility limit and covenant set up on systems for Corporate and SME’s borrowing customers

Administering the day to day activities and operations of the department.

Monitoring the value of collateral and expiry date e.g. stocks and shares, mortgages & inventory statements on a regular basis, to ensure that any shortfall in security is immediately recognized and report the same to the Relationship Managers to address it. 

Approving/Monitor utilization of limits to ensure compliance with the terms and conditions of approval, so that no unauthorized disbursements are made from any delivery Centre.

Ensure timely generation of the various reports emanating from the line card database, to facilitate the monitoring / tracking process of the credit portfolio of any collateral or excesses or other exceptions. 

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Ensure to follow the CBE regulations in regard of credit facility utilization and keep the proper proof of document Prepare & timely dispatch all required reports to Country Manager, RMs, HO – CRM & RRD, UAE Central Bank, and CBE including:

• Monthly Exception Report
• Statement of expired lines
• Statements of progress in classified accounts

• CBE monthly limits & OR

  
  

• UAE Central Bank Returns

  
  

• UAE Collateral monthly report 

  
  

Ensure that exceptions , extensions , excesses and deferrals are provided as per CPM

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Ensure that interest & commissions are properly calculated/collected in accordance with approved tariff & that penal interest is levied in case of overdue loans & TOD.

Ensure updating of customers risk rating properly and reported the same 

Ensure updating of customers risk rating properly d reported the same

Ensure applying the Risk Control Self Assesment rols in term of proper reporting of risk and incidents with corrective action plan