Credit Control Specialist
7 days ago
We are seeking a highly skilled Credit Control Specialist to join our team at Burgan Bank. As a key member of our risk management team, you will play a crucial role in ensuring compliance with approved credit conditions, bank policies, and regulatory requirements.
Job Responsibilities- Lay down effective plans to ensure efficient and compliant Credit Control processes.
- Review related documents for foreign banks and Burgan Bank's subsidiaries prior to signing off and approve setting of limits.
- Monitor credit information process, including review of undertaking letters, clearance certificates, and other issued documents.
- Verify that all credit approvals are in line with management decisions, Bank's policy, and CBK guidelines as post-fact control.
- Coordinate with business groups and other departments in the Bank in providing information and support and any related requested reports.
- Supervise portfolio managers in a timely manner and ensure that all collateral records, share values, portfolio legal assignment of contracts, guarantee extensions, real estate valuations, substitution of collateral, and renewals are in line with approval conditions and updated in the system.
To be successful in this role, you will need:
- A Bachelor's degree or equivalent in a related field.
- A minimum of 7 years of relevant experience required in Credit Control.
- 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.
- Proficiency in English (written and spoken) and Arabic languages.
The estimated salary for this position is KD 1,800 - KD 2,500 per month, depending on qualifications and experience. In addition to a competitive salary, we offer a range of benefits, including health insurance, retirement plan, and opportunities for career growth and development.
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