Mashreq

Associate – Agency Services.Injaz - CIBG - Investment Banking.Corporate & Investment Banking Group

Mashreq  •  United Arab Emirates (Onsite)  •  3 hours ago
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Job Description

Job Purpose:

  • Manage various operational aspects of the Facility, and Security Agency functions.
  • Operate the Agency function to ensure highest service standards and adherence to timelines.
  • Liaise with internal and external stakeholders on various agency transactions in the portfolio.
  • Manage and monitor the allocated client’s/agency agreements and tasks.
  • Report directly to Agency Head.
  • Key Result Areas:
  • Successfully manage Shorouq platform based structured trade transactions including transaction processing and monitoring ensuring adherence to turnaround timelines without any errors
  • Review and negotiate all structured trade documents from an Agency standpoint with the client on behalf of the lenders
  • Prepare adequate tracking models for each Shorouq transaction and ensure regular update and improvements
  • Coordinate with parties on document execution, CP/CS Satisfaction & successful utilization
  • Tracking stressed loans under Agency management ensuring timely monitoring of key issues, regular updates to the lenders and other relevant parties, coordinating with lawyers and lenders for distribution of information
  • Monitor and manage the Agency related functions for key client related mandates
  • Facilitate waiver and amendments for borrowers and direct the bank group as applicable under the specific facility documentation
  • Monitor Information Undertakings and Financial Covenants to ensure documentation compliance and escalate to concerned personnel in the event of a discrepancy or delay
  • Maintain Security in various facilities in various capacities, including renewals, expiries, lodgments and retrievals.
  • Coordinate All Party/Lender meetings / calls as appropriate and prepare minutes of meeting and present to Unit Head and circulate it post discussions
  • Coordinate with External Legal counsels, Internal Legal Counsel, Compliance and Stressed Asset Unit to manage all legal and enforcements issues w.r.t accounts and securities.
  • Liaise regularly with various internal departments (i.e. FTC, Credit OPS, Payments division, Compliance, Relationship, Risk etc.) and manage enquiries pertaining to transactions
  • Updating KYC in various accounts and fulfill all compliance/regulatory requirements
  • Continuously improve and recommend improvements in policies and procedures for the unit.
  • Knowledge, Skills and Experience
  • Graduate with experience in Corporate Banking including preferably 1 year in Agency role
  • Job holder must have documentation skills to interpret LMA standard documentation
  • Knowledge of Operations to have control of the transaction flow.
  • Strong communication skills with an ability to converse well with Borrowers, Lenders and external and internal stakeholders.
  • Self-motivated and ambitious with problem solving ability and excellent business analytical skills.
  • Should be proficient with MS Office (i.e. Excel, PowerPoint) and should process an eye for detail.
  • Ability to work in a team, independently when required, when under pressure, adhering to tough deadlines
Mashreq

About Mashreq

Disclaimer: Mashreq will never ask for your bank related information via phone call, SMS or email. We will also never contact you from a mobile number to resolve your query.

Welcome to the LinkedIn page of Mashreq. More than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Join Mashreq and find your way to Rise Every Day.

Industry
Finance & Insurance
Company Size
5,001-10,000 employees
Headquarters
Dubai, AE
Year Founded
1967
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