Credit Control Expert
3 weeks ago
Exciting Job Opportunity at Burgan Bank
About the RoleWe are seeking a highly skilled Credit Control Expert to join our team. As a key member of our Credit Control department, you will play a vital role in ensuring the efficient and compliant operation of our credit control processes.
The successful candidate will be responsible for guiding and supervising officers responsible for documentation, collateral, posting limits, and reporting as a final checker and approver. You will also supervise pre- and post-fact control functions to protect the bank's assets and ensure compliance with regulatory requirements and guidelines.
In this challenging role, you will:
- Lay down effective plans to ensure efficient and compliant credit control processes;
- Understand and maintain updated knowledge of CBK rules, regulations, BB Credit Policy procedures, and related matters of interest to the department;
- Review related documents for foreign banks and Burgan Bank's subsidiaries prior to signing off and approving setting of limits;
- Monitor credit information process, including review of undertaking letters, clearance certificates, and to whom may concern letters issued by the department;
- Verify that all credit approvals are in line with management decisions, bank policy, and CBK guidelines as post-fact control;
- Coordinate with business groups and other departments in providing information and support;
Key Responsibilities:
- Serve as a subject matter expert on credit control policies and procedures;
- Provide guidance and training to subordinate staff on credit control processes;
- Develop and implement strategies to improve credit control efficiency and effectiveness;
- Maintain accurate records and reports on credit control activities;
- Collaborate with other departments to ensure seamless integration of credit control processes.
About You
To succeed in this role, you will need:
- A Bachelor's degree or equivalent in a related field (e.g., finance, accounting, business administration);
- A minimum of 7 years of relevant experience in credit control, preferably in a banking or financial institution;
- Excellent analytical and problem-solving skills;
- Strong communication and interpersonal skills;
- Ability to work under pressure and meet deadlines;
- Proficiency in English and Arabic languages;
What We Offer
Burgan Bank offers a competitive salary package, including a base salary of $120,000 - $180,000 per annum, depending on qualifications and experience. The package also includes benefits such as health insurance, retirement plan, and paid time off.
Job Specifications:
- Language(s) known: English (Proficient) and Arabic (Proficient);
- At least 5 years of experience in a bank or financial institution within a similar field;
- Knowledge and experience of best practice in drawdown unit;
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