• CBD Careers | Documentation Specialist, Legal Job

    CBD Careers | Documentation Specialist, Legal Job

    Location: United Arab Emirates

    Job Description

    Commercial Bank of Dubai is currently recruiting for the role of Documentation Specialist, Legal

    Generation of Offer Letters and other borrowing documents Ensuring appropriate borrowing documentation is in place before Credit delivery/disbursement. Ensuring that document checked and prepared as per approval and legal observations. Implementing Legal/ documentation policies and procedures of the Bank, relevant guidelines of UAE Central Bank/Government. Ensure expeditious handling of Business requests and consistency with prescribed policy and criteria. Advise RMs /follow up the action taken..

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Generating Offer Letters as per Credit approval terms for Commercial/ SME/Al Dana / Personal Accounts – new facilities as well as renewal of lines. This includes verification of previous documents obtained and preparation of the required documents.

    • Check the Compliance of Sanction terms (Facility Offer Letter and relevant documents.) within TAT.

    • Ensure FOL and other documents executed by customer as per borrowing mandate in MOA / Trade License /Board Resolution /as per requirement.

    • Checking if documents are in line with the approvals / Conditions Precedents are met and collaterals are valid.

    • Revert to relationship team in case of any queries or documents are not executed properly.

    • Ensure exceptions if any are approved by appropriate authorities with a target date for regularization.

    • Tracking all conditions subsequent and deferrals obtained and inform credit control team to update exception register in case if any exception after ensuring exception is duly approved as per delegation.

    • Scanning of signed documents in EDMS.

    • Provide instruction to limit input unit to load customer limits in the system/ or any other required action.

    • Supports the Risk Management and Business Departments Executives by eliminating legal and other risks associated with defects in documentation.

    • Ensures that Bank’s lien is registered with respective authorities as per the statutory requirement.

    • Identify and implement solution for legal issues in consultation with legal department and lawyers.

    • Ensuring pending documents with discrepancies are picked up and advised to business units by periodical reports.

    • Update pending documents with discrepancies are picked up and advised to business units by periodical Follow up steps taken through Documentation/Legal Managers, expected my superiors’ comments / guidance & risk management awareness.

    • Further responsibilities participate and contribute with other areas under Documentation team.

    • Adheres to basic principles of bank’s procedures and policies wherever applicable.

    Job Requirements

    • Degree of Business/Finance

    • Strong working knowledge of Business software applications, particularly spreadsheets.

    • Sound knowledge on functioning of core system for Documentation and checking (APP4LEGAL,CRM,Phenix )

    • 4year’s banking experience in Credit control Unit /Documentation/Legal

    • Sound credit knowledge/understanding of credit risks.

    • Written and spoken English – Arabic.

    • Confident decision maker.

    • Good report writing skills.

    • Analytical and problem solving.

    • Good understanding of the Banks’ systems, processes and Legal environments and documentation.

    Job Details

    Company: Commercial Bank of Dubai - CBD

    Employment Type: Full-time

    Job Location: Dubai, United Arab Emirates

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