Senior Officer Credit Administration

• Check/Analyze approved credit application and review pre-requisites obtained from the concerned Business line for documents preparation where needed.Such pre-requisites include but not limited to:


• IDs/CRs


• Title deeds


• Portfolios/funds/shares information


• Insurance policies


• Prepare Facilities/financing documents along with securities/collateral documentation including but not limited to:


• Facility agreements


• Master agreements (Tawarruq, Murabaha, MFLA, etc...)


• Order notes


• All types of guarantees (personal, corporate, joint & several, off-shore, etc...)


• All types of Pledges (title deeds, physical assets, funds, shares, investment units, etc...)


• All types of Assignment of Proceeds (Contracts, Rental, Purchase Orders, Invoices, Insurance claims, etc…)


• Mortgage Letters addressed to Notary Public


• Undertaking/indemnity letters.


• Subordination agreements.


• for clients with complex facility/security structure in compliance with the terms & conditions of the approved credit applications


• Negotiate prepared documents with the concerned Business line and make sure to obtain & keep records for all necessary approvals.


• Record documentation data & process status updates in related systems/reports for tracking/monitoring as per the banks standard operating procedure


• Filing of prerequisites, credit application, all related email correspondences


• Preparation of additional documents &/or letters such as (undertaking letters, Notary Mortgage Letters, Sama letters, Additional Assignments, etc..) as requested from concerned business lines


• Conduct Annual Reconciliation of all securities/collateral held in bank's custody


• Checking of daily received security documents for Complex/advanced Corporate/Non-Retail lending, verify completeness/accuracy of all documents, terms, conditions & collaterals against the approved credit application, and verify signatures (authenticity/Authority) against banks systems & the "Legal Certificate" obtained from the concerned department.


• Prepare the Limits Activation Sheet addressed to other stakeholders to activate Credit facilities as per the amounts, maturities, other terms & conditions mentioned in documentation/approved credit application.


• Update status progress in internal logs/reports pertaining all handled request for necessary tracking/monitoring by all stakeholders.


• Release and/or Temporary release documents/collaterals upon obtaining all necessary approvals in accordance with the bank's policies / procedure.


• Checking of daily received security documents for Complex/advanced Corporate/Non-Retail lending, verify completeness/accuracy of all documents, terms, conditions & collaterals against the approved credit application, and verify signatures (authenticity/Authority) against banks systems & the "Legal Certificate" obtained from the concerned department.


• 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 (Real Estate Developers), temporary release of concerned TDs to stakeholders for completing the mortgage & track/update all related systems/reports accordingly.


• Handle data clean ups / system update projects in ALGO, DAMAS & Title Deeds Database & coordinate with stakeholders to maintain data integrity & insure high quality reports.

ا لمهارات

• 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.


• 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. And update all related systems accordingly.


• Minimum of diploma is required. B.A. is preferred.


• ‎2 years of experience as "Officer"


• OR


• ‎3 years' experience in credit admin functions, commercial lending products, documentation and operations


• Thorough knowledge of BSF credit processes.


• Understanding of banking laws and knowledge of legal issues related to commercial lending.


• Sound knowledge of processing systems.


• 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.


• Experience and fast typing in Microsoft office (Word/Excel).