Documentation Specialist Documentation Specialist …

Commercial Bank Of Dubai
in Dubai, Dubai, United Arab Emirates
Permanent, Full time
Last application, 28 May 20
Competitive
Commercial Bank Of Dubai
in Dubai, Dubai, United Arab Emirates
Permanent, Full time
Last application, 28 May 20
Competitive
Description

Principal Accountabilities:

  • Generating Offer Letters as per Credit approval terms for all segments – new facilities as well as renewal of lines. This includes verification of previous documents obtained and preparation of the required documents.
  • Ensuring approval terms are correctly and clearly conveyed to borrowers with all applicable terms and conditions in borrowing documents.
  • Checking all documents required to be executed by the customer to ensure adequate security for the bank.
  • Verifying signatures in terms of constitutional documents and power of attorney held on record to ensure legal enforceability.
  • Review of existing collateral files to ensure completeness of borrowing documents and communicate discrepancies to Business teams.
  • Receive signed documents and ensure compliance with approval terms. In case of discrepancy, originate queries to Business for rectification.
  • Prepare daily, weekly, and monthly TAT reports
  • Preparation of mortgage contracts (new/increase/amendment) and letters addressed to Land department/municipality
  • Preparation of Manager Cheque Requests
  • Contacting customers to set up land department appointments
  • Coordinate with Land department/trustee offices to execute mortgages. Ensure that the Mortgage documents are collected back and deposited for safekeeping.
  • Processing mortgage release requests after obtaining approvals from sanctioning authority

Requirements

Qualifications:

  • Higher Diploma/ Bachelor Degree 

Experience:

  • Desirable - 3 to 5 years’ experience in Mortgage registration and collateral management

Skills:

  • Written and spoken Arabic and English
  • Good Analytical/ Communication skills
  • Computer literate with strong working knowledge of business software applications, particularly word/spreadsheets
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