Activated Credit facility limit and covenant set up on systems for Corporate and SME’s borrowing customers
Administering the day to day activities and operations of the department.
Monitoring the value of collateral and expiry date e.g. stocks and shares, mortgages & inventory statements on a regular basis, to ensure that any shortfall in security is immediately recognized and report the same to the Relationship Managers to address it.
Approving/Monitor utilization of limits to ensure compliance with the terms and conditions of approval, so that no unauthorized disbursements are made from any delivery Centre.
Ensure timely generation of the various reports emanating from the line card database, to facilitate the monitoring / tracking process of the credit portfolio of any collateral or excesses or other exceptions.
Ensure to follow the CBE regulations in regard of credit facility utilization and keep the proper proof of document Prepare & timely dispatch all required reports to Country Manager, RMs, HO – CRM & RRD, UAE Central Bank, and CBE including:
CBE monthly limits & OR
UAE Central Bank Returns
UAE Collateral monthly report
Ensure that exceptions , extensions , excesses and deferrals are provided as per CPM
Ensure that interest & commissions are properly calculated/collected in accordance with approved tariff & that penal interest is levied in case of overdue loans & TOD.
Ensure updating of customers risk rating properly and reported the same
Ensure updating of customers risk rating properly d reported the same
Ensure applying the Risk Control Self Assesment rols in term of proper reporting of risk and incidents with corrective action plan
The leading financial institution in MENA
While 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.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.
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.
