Abu Dhabi Islamic Bank Looking for Senior Operations Processor at United Arab Emirates Full Time

JOB DESCRIPTION

Role : Senior Operations Processor (Wholesale Finance Operations)
Location : Abu Dhabi

Role Purpose:
Maintain tight and high quality Operational and Administrative controls
Key Accountabilities of the role

1. Handle, in a centralized environment, a myriad of Islamic Financing products and other Sharia compliant in house developed products of ADIB UAE and International Branches
2. Processing Syndication Operations end to End
3. Scrutinize/Disburse facility transaction documents to ensure compliance with the terms and conditions of the Facility Sanction Sheet / Credit Application.
4. Ensure the profit is correctly calculated and the transaction documents are executed in compliance with Sharia guidelines and ADIB’s Financing Policy.
5. Review and tackle day to today concerns with branches and other units within the Bank.
6. Process local and foreign currency SWIFT messages as necessary to effect payments and outward remittances.
7. Prepare transaction vouchers of all facility premature settlements, installment deferrals and other miscellaneous customer instructions within set guidelines and policies
8. Distribute and assign tasks among staff members
9. Review, for the purpose of improvement and automation, the Process Work Flow of various products.
10. Review Product Policies and Manuals and participate in committee meetings.
11. Ensure follow up us done with Business units in case of discrepancies in the transactional documents
12. Ensure transaction requests received through WFOServices Group email are attended and actioned as per the agreed turnaround time
13. Strictly adhere to Service Delivery Standards i.e., handle enquiries, process transactions within the appropriate TAT
14. Successful Sharia audit/Internal Audit rating is mandatory
15. Execute any other task that may assign to him including cleanup projects
16. Report immediately any significant exceptions or deviation to line manager for further instructions / guidance
17. Undertake any additional assignments / projects entrusted by the line management and complete them as per target dates.
18. Ensure compliance to ADIB policies, procedures, guidelines, standards and maintaining high standard To be familiar with the relevant provisions of the Business Continuity plans and extend full support to BCP Coordinator
19. Attend training programs to improve skills knowledge in order to enhance role performance and provide training to junior staff under the cross functional training program.
20. Supervising the arrangements of proper & organized filing. Ensuring follow-up daily system of the department’s records is maintained and archival is done on a timely basis.
21. Periodically evaluate the WFO operational processes and recommend to line management, suitable changes to improve efficiency and controls.
22. Assist in RCSA activities of WFO including control testing
23. Investigate counterparty and other business unit’s inquiries and provide solutions to solve reported issues
24. Report and be responsible to WFO’s Manager on all matter relating to the Department.

Specialist Skills / Technical Knowledge Required for this role:

• Tight controls are observed
• Mitigate risk that may cause any operational or transactional loss or lead to lack of control
• Score highest level of satisfaction as regards to our internal customers (Branches and Business Units)
• Focus on the automation part and seek all possible improvements to the processes work flows through regular reviews to help cost cut and improve efficiency.
• Strong communication skills, effective leadership and undisputed ability to direct subordinates to get into the job and meet prescribed deadlines is a primary quality. 6 years of experience in Banking with Finance processing back and syndications deals