Role Summary : You will manage the Retail Loans Unit in such a manner as to protect the Group from undue credit risks. The incumbent will provide guidance and support for the officers responsible for the processing of vehicle loans Role Description :
Ensure that the information concerning Retail Loan processed that is disclosed to stakeholders is complete and accurate.
Ensure the preparation of an operating budget for the Retail Loan unit.
Create key performance indicators (KPIs) for performance monitoring and quality measurement of the areas of responsibility
Provide feedback to Retail Banking business units’ managers and, as appropriate, recommend course of action.
Ensure that the audit queries are resolved by staff on a timely basis.
Build and maintain strong and effective relationship with all other related department and units to achieve the Groups goals / objectives
Provide timely and accurate information to the internal and external auditor and the compliance function as and required.
Respond to all management requests / reports. Review and follow up on management reports in a timely manner.
Set procedure for the timely review of all retail loan designated and ensuring staff follow set procedures for receiving, checking, processing and implanting of loan documents.
Ensure processed documents of loans are safely kept.
Ensure adherence to the Group's policies and procedures by all reporting staff.
Liaise with Retail Banking Credit and Collection Department for settlement / postponed and rescheduling.
Critically review and comment (if any) on all credit proposals revisions and related paper work.
Liaise with Group Compliance on QCB related compliance issue, and with the Group Risk as and when needed.
Ensure accurate and timely preparation of management information system (MIS) and other reports related to the credit process and portfolio.
Ensure regular updating in the system of various credit-related data in the Group’s system to aid decision-making.
Obtain and compile copies of loan applicants' and other financial information.
Oversee loan repayments, fees collection and payment scheduling.
Follow up on outstanding loan documents as per established procedures.
Maintain data accurately in the bank’s systems relating to loan facilities, transactions and customer data.
Check the settlement of vehicle loans through the system.
Check the cancellation of vehicles installments, the rescheduling calculation and the transferring of loans from branch to another.
Check the dealers, showroom and the insurance companies’ accounts payables.
Support International branches and Subsidiaries
Ensure high standards of data protection and confidentiality to safeguard commercially sensitive information
Bachelor degree in Business Administration
Minimum 7 - 8 years experience in the banking industry with special emphasis in Retail / Vehicle loans processing.
Other highly desirable skills :
Excellent communication skills in English and Arabic.
Computer proficient (MS Office and bank applications)