Lead Credit Documentation Specialist

5 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia First Abu Dhabi Bank (FAB) Full time
About the Job

We are looking for an experienced AVP CAD KSA to join our team and contribute to the success of our CIB, Consumer & Private Banking business.

Key Responsibilities
  • Manage the review of documentation, credit control, and MIS related activities for CIB, Consumer & Private Banking business post credit sanctions/approvals in KSA.
  • Maintain credit facility files with relevant documents received from Coverage teams, scanning facility documentation before recording them in the vault for safe custody.
  • Review standard & non-standard documentation, Syndicated Agreements, Facility Offer Letters, Security related documents, Internal & External legal opinions and other condition precedent documents, etc. in compliance with sanctioned credit approvals.
  • Ensure all security/support documents have been properly executed, signatures verified, and authenticities of signatories supported by resolution/POA.
  • Coordinate with CAD-International team in Head Office/Product Specialists/Coverage and Credit Teams as needed to complete the documentation process/limit release in the Bank's Systems.
  • Ensure approval from relevant authorities held for deferrals/waiver of any incomplete documents.
  • Ensure rectification of existing discrepancies/deficiencies (if any) in documentation.
  • Review documentation deficiency reports and follow up for timely submission/renewal.
  • Lodge documents and update collateral data in the Bank's system.
  • Verify and confirm periodically at renewal/review of credit limits that all required security/support documents are physically held in safe custody and periodic clean-up of old and obsolete facility/security documents upon settlement.
  • Review/approve requested permanent releases of collaterals, security documentation, and ensure no liabilities or outstanding facilities canceled from the system.
Requirements
  • Bachelor's Degree in Finance, Accounting, Economics, Commerce, or relevant discipline.
  • Minimum 7-8 years with at least 5 years' experience in Credit Admin function and legal documentation within a Financial Institution, preferably with International experience across multinational banks, extensive experience, and involvement in credit approval processes.
  • Innovative, strategic thinking, and analytical skills.
  • High integrity and business ethics.
  • Solid experience and knowledge in Credit Admin Functions and legal documentation.
  • In-depth knowledge of Banking sector, client's sectors, industries, and market trends.
  • Very good knowledge of Banking Products/Corporate Credit Administration functions.


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