Specialist - Agency Desk job - Abu Dhabi Commercial Bank (ADCB) - Abu Dhabi, Abu Dhabi

Company Name

Abu Dhabi Commercial Bank (ADCB) jobs

Job Location

Abu Dhabi

Job Posted January 10, 2018
Source www.gulftalent.com

Specialist - Agency Desk  

Job description / Role JOB PURPOSE: To coordinate facility requests and monitor the agency portfolio to ensure compliance with ADCB policies, procedures and guidelines. ACCOUNTABILITIES 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 Facility Agreements: Ensure conditions precedents have been met and notification is provided to lenders/borrower as per the terms of the agreement 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 Drawdowns, Rollovers and Fee Collection: Notify drawdowns, rollovers and repayments to borrowers and ...

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