About the Role:
The RCC Mortgages facilitates
The retail lending for the purchase of Home / Office and Self Construction on existing plots.
Registration and mortgage creation in Developer/ Government Authorities.
Loan closures and Lodgments.
What You'll Do:
To review a customer application to determine the potential of a customer to pay against a loan based on their income and current existing liabilities. Applying ENBD current policies to determine the feasibility of loan request and safeguard Bank’s interest by ensuring prudent lending for both resident and Nonresident, salaried and self-employed customers. It includes reviewing all customer documents and visit business premises for meeting customer or authorized personnel to understand the business in depth as and when required.
Responsible for reviewing, analyzing, and underwriting loans for Self Employed, Company and Salaried Customer within Emirates NBD and UAE Central Bank guidelines.
Dependent on division and complexity of underwriting, functions include:
Understanding the entire audited financial statements including Balance Sheet, Profit and Loss Statement, Cash Flow statements and it’s inter relations. Understand the various notes on the audited Financials.
Preparing the financial spreads and calculate various rations like DSCR, Debt to equity, Current ratio, liquid ratio, debtor days, creditor days, etc.,
Examining transactions to ensure accuracy and completeness.
Preparing formal reports for escalation to GRC / CBU / CLC / Compliance.
Ensuring that documents are consistent and uphold to company and Central Bank guidelines.
Implementing fraud detection techniques, performing compliance reviews.
Assisting with re-negotiations of loans based on lending guidelines.
liaising with Sales for clarification regarding applications
Maintaining MIS (Deviation MIS, Score card MIS etc)
Marking errors made by processors
Attend to requirements of Audit and Compliance
Act as a referral point for escalation / credit reviews / inputs to Business teams
Business verification at the company premises as and when required.
Work in partnership with team captain to achieve team and unit goals.
What We Are Looking For:
Experience in UAE Mortgage industry / Mortgage Credit SME/ Mortgage Registration, Loans, Documentation, Credit Analysis.
Proficient in English and Arabic language - Written & Verbal
Good Analytical skills
Bachelor’s degree in finance or accountancy.
You will be redirected to the company website to apply for this position