Officer Credit Administration

2 months ago


Hofuf, Saudi Arabia البنك السعودي الفرنسي Full time

Jobs at this level assist in maintaining the credit administration process in relation to:

- Preparation of Loan/financing documentation for Corporate & non-retail clients, examine all proposed collaterals required as per the Credit Approvals and prepare related documentations required to hold/control these collaterals to secure the facilities being granted to clients.
- Checking of loan/financing documentation “post signature” pertaining Non-Retail (Corporate) lending, verify & administrate related collaterals in compliance with appropriate statutory and bank policies and procedures with work being reviewed at regular intervals by the Section Specialist.
- Managing & Maintaining Collateral held by the bank as well as Safekeeping, & custody of facility/security documents.
- Job holders work within the guidelines of the Credit Policy, Department’s Procedure & the DOA with work being reviewed at regular intervals by the team’s Specialist
- Register all documents & collaterals in bank’s systems/Database as “Mitigants” and update internal logs/reports for necessary reporting/tracking as needed by all stakeholders.
- Update status progress in internal logs/reports pertaining all handled request for necessary tracking/monitoring by all stakeholders.
- Register mortgages in URCP (Unified Register for Commercial Mortgage) for collaterals where applicable or coordinate with the concerned departments/subsidiaries for completing the mortgage of collaterals such as (shares, funds, title deeds).
- Such pre-requisites include but not limited to:

- IDs/CRs
- Title deeds
- Project Contracts (rental, constructions, supply, services/maintenance, invoices, etc..)
- Insurance policies.
- Record documentation data & process status updates in related systems/reports for tracking/monitoring as per the banks standard operating procedure.
- Preparation of additional documents and/or refresh existing documents such as (order notes, Assignments, Master terms & conditions agreements, etc )
- Manage the bank’s vault for safekeeping collateral & financing/security documents & administrate newly received/accepted security documents. Such administration will include scanning, tagging & arranging the received documents in orderly fashion as well as archiving of old/obsolete documents in accordance with the bank’s policy/procedure.
- Handle Real Estate mortgage operation in relation to preparation of mortgage letters for Non-Retail clients, temporary release of concerned TDs to stakeholders for completing the mortgage & track/update all related systems/reports accordingly.
- Managing Release (Permanent/Temporary) of collateral/security documents in bank’s safekeeping & prepare necessary undertaking/clearance letters when applicable upon obtaining necessary approvals from delegated authorities in compliance with the bank’s Policies & Procedures.

**المهارات**:

- Minimum of diploma is required. B.A. is preferred.
- Thorough knowledge of BSF credit processes.
- Understanding of banking laws and knowledge of legal issues related to commercial lending.
- Sound knowledge of processing systems.
- Thorough knowledge of SAMA clearing processes.
- Good numerical analytical skills.
- Good interpersonal and communication skills to resolve issues with staff in other business areas.
- Written and spoken fluency in Arabic and English languages preferred.



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