Specialist - Agency Desk

JOB PURPOSE: To coordinate facility requests and monitor the agency portfolio to ensure
compliance with ADCB policies, procedures and guidelines

ACCOUNTABILITIES: 

1. Agency Set Up :Create new agency CID and prepare control and monitor sheets to ensure required records are in place for all
new customers facilities, covenants are recorded in CACM system and cash waterfall and accounts are opened per the agreement.

2. Facility Agreements: Ensure conditions precedents have been met and notification is provided to lenders/borrower as per the
terms of the agreement

3. Legal Clauses and Potential Defaults: Issue notification of intention to borrowers to invoke
clauses, based on lenders instructions and issue
notification to lenders of any default (actual or potential) to
ensure compliance with covenants/information
undertakings and other terms of the agreement

4. Drawdowns, Rollovers and Fee Collection:
Notify drawdowns, rollovers and repayments to borrowers and lenders within agreed turnaround times and ensure LIBOR/EBOR rates are in line with rate fixing for the interest period as provided by ADCB treasury or specified in the facility agreement to ensure all
conditions are met and funds can be dispersed

5. Covenants:

Ensure information covenants are distributed to lenders promptly once received from the borrower. For any payment default or technical default, ensure information is passed amongst lenders and borrower

6. Reporting:

Create reports of fees due to be received within the next 30 days for all agency facilities on a monthly basis to ensure consistency and compliance with ADCB policy

7. Policies, Processes,Systems and Procedures:
Adhere to all relevant organisational and departmental
policies, processes, standard operating procedures and
instructions so that work is carried out to the required
standard and in a consistent manner while delivering the
required standard of service to customers and
stakeholders

8. Self-Management:

Manage self in line with the bank’s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance

9. Customer Service:

Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions

Minimum Experience:  At least 5 years of experience in banking with an understanding of legal documentation and trade finance
Minimum Qualification: Bachelor’s Degree in relevant specialization
Professional Qualifications: N/A
Knowledge and Skills :Risk Management , Microsoft Office (Word, Excel and PowerPoint)