Credit Documentation Officer, UAE

For overall success of the Wholesale Banking business in UAE, by ensuring the banks documentation for facilities extended to our clients is of the highest quality and provides adequate protection for the Bank in the event of enforcement. 

Key requirements:
• Faster turnaround and consistent approach to the perfection of securing documentation. 
• Improved quality of securing documentation to ensure adequate protection is afforded to the Bank in the unfortunate event of enforcement. 
• Improved work procedures and practices to achieve higher productivity and efficiency. 
• Improved control and monitoring of securing documentation to ensure these are in order. 

Key Roles & Responsibilities 

Documentation and Security: 
• Examine all terms and conditions of the approved Business Credit Application and prepare the Banks Banking Facilities Letter (BFL) and related security documentation ensuring all terms are incorporated therein (including Islamic Banking Arrangement Letters). 
• Scrutinize Account Mandates and ensure that all terms and conditions of the Memorandum /Articles of Association are acceptable. 
• Scrutinize all incoming security documents for acceptability as per Group standards, legal opinions etc. 
• Maintain Credit Administration System (Collateral Management System -CMS) to record receipt, and discrepancies of all incoming/ pending security documents. 
• Prepare Security Compliance Certificates (SCC)/Documentation Deferral Notes (DDN) for all OCC accounts after ensuring complete adherence to approval terms, DOIs and guiding policies. 

Review, Reporting and Escalation: 
• Review CMS reports on daily, bi weekly and monthly reports pertaining to Credit Documentation Unit. 
• Prepare Advice of Discrepancies for Relationship Managers and follow up for corrective actions. 
• Liaise with Legal Team for clarification on security documentation. 
• Ensure timely communication of issues and deficiencies. 
• Escalate significant issues to Managers/Legal Team/ Credit approvers as appropriate. 

Service Quality: 
• Ensure strict adherence to Service Level Agreement (SLA) standards for Generation of BFLs, Closure of SCCs/ LLIs, Advice of deficiencies and other key activities. 
• Offer solutions to issues proactively and ensure resolution thereof as part of Banks Out serve initiative. 
• Suggest process-improvement measures and practices to improve the efficiency of the department. 

Policies and Guidelines: 
• To be familiar with all relevant Group policies and local regulations and ensure adherence thereof. 
• Ensure that all anti-money laundering/ Customer Due Diligence (eCDD) guidelines are adhered to. 

Projects: 
• To participate and contribute in the upcoming projects of the department to ensure deadlines are met. 

Qualifications & Skills 

• Bachelor’s Degree in Accountancy/Management or equivalent qualification preferable.
• Previous Banking/Financial Markets experience is preferred. 
• Good communication skills both written and oral and the ability to work independently without close supervision. 
• Good knowledge of Operational Risk Policies, Standards, local regulations and Legislation on the prevention of money laundering (including eCDD). 
• Good knowledge of Computer applications and functionalities. 
• Good team- player. 
• Ability to work under pressure and adhere to tight deadlines. 
• Fluent in both English and Arabic language skills. 

How To Apply 

You can search and view current opportunities across our organisation and apply immediately by registering or logging in to our careers website www.standardchartered.com/careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role 

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information) 
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience. 

Closing Dates 

The closing date for applications is 17/01/2013. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future. 

Diversity & Inclusion 

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.