Officer Credit Administration - Eastern Region

• 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


• Checking of daily received security documents for 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.


• 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.


• 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.


• 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).


• 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


• Project Contracts (rental, constructions, supply, services/maintenance, invoices, etc..)


• Insurance policies.


• Prepare Facilities/financing agreements along with securities/collateral documentation 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 for any possible changes/deviation from the credit application or the standard text of security documents templates where needed before releasing finalized documents for execution.


• 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.

ا لمهارات

• 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.