Job Opportunity in UAE as a Specialist at Agency Facility at First Abu Dhabi Bank

First Abu Dhabi Bank (FAB) offers a job opportunity in UAE as a Specialist Agency Facility. You will be primarily responsible for handling and controlling Agency middle office support activities, to ensure smooth workflow and delivery of high-quality and timely service to internal customers. You will be responsible for assuring accurate recordkeeping and execution of all Agency middle office support activities including monitoring borrowing status, preparing new borrowings, rollovers, rate sets, conversions, repayments, and prepayments. This role will act as the primary contact/coordinator for clients, lenders, and business partners for facilities.

You will be responsible for:

• Policies, Systems, Processes & Procedures.
• Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
• Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes, and practices considering global standards, productivity improvement, and cost reduction.
• Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies, and quality standards.
• Nil unauthorized breaches in Policy/regulatory requirements and SOPs. Satisfactory rating in all audits - INA/RMU/ORC.
• Pursue opportunities for enhancing operational efficiencies along with adequate monitoring.
• Ensure excellent housekeeping standards at all times.
• Ensure process enhancements/amendments are duly covered by a process note signed off by stakeholders.
• Reviews Agency LMA agreements to ensure servicing & administration of loan portfolios are accurate.
• Review and negotiate administrative issues of operational aspects of Credit Agreements.
• Coordinate movement of funds related to initial funding and closing of deals.
• Work closely with the Agency Desk, Borrowers, and Bank Group.
• Calculate, invoice, and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective including Agency and Amendment fees as well as all quarter-end activity.
• Liaise between Borrowers and Lenders ensuring compliance with the terms of the Credit Agreement.
• Processes/approve deals, customer setups, and other maintenance-related activities pertaining to the agency portfolio.
• Utilizes specialized knowledge of these areas as well as applicable internal policies, procedures, systems, and laws, and regulations to handle escalated situations effectively.
• Assists with other Loan Servicing functions as requested, including department projects and system.

You must have:

Minimum Qualification required for the job:

Bachelor’s degree or related discipline.

Minimum Experience:

Relevant experience in the banking sector with at least 6-8 years in similar positions.

About First Abu Dhabi Bank (FAB):

At FAB, they believe in growing together both as individuals and as an organization. It invests in its people’s growth and enables performance so they believe that together they can make a difference.

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