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Description
At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.
About the role
You will oversee the day-to-day operations related to credit administration for Wholesale Banking, Treasury, and Financial Institution (FI) portfolios. This includes managing documentation processes (including syndication and agency desk documentation), limit maintenance, and ensuring seamless disbursement operations. In this role, you will collaborate with cross-functional teams across Wholesale Banking, Treasury, and Financial Institutions. The role reports to the Senior Vice President & Head of Wholesale Banking Operations.
What You’ll Be Doing:
- Lead and manage multiple processes related to credit administration, documentation, and disbursements.
- Prepare and vet facility documentation, including syndication documents, ensuring accuracy and compliance.
- Handle the syndication and agency desk with a focus on zero delays, zero complaints, and zero errors.
- Maintain a strong understanding of both Islamic and Conventional Wholesale Banking products.
- Monitor performance metrics and implement improvements to enhance service delivery.
- Foster a culture of cross-skilling, adaptability, and continuous learning within the team.
- Ensure full compliance with regulatory requirements and internal policies.
- Identify and mitigate operational risks through proactive risk management strategies.
- Leverage technology to automate and streamline processes, enhancing efficiency and reducing errors.
What We’re Looking For:
- Education: Bachelor’s degree in Finance, Business Administration, Economics, or a related field. A Master’s degree or professional certification in Risk Management or Finance is preferred.
- Experience: 5 – 8 years of experience in credit operations, risk management, or a related function within the banking or financial services industry.
- Industry Exposure: Strong exposure to Wholesale Banking operations, including credit administration, documentation, and regulatory compliance. Familiarity with both Islamic and Conventional banking products is essential.
What’s In It For You:
- Competitive, performance-linked compensation.
- Medical coverage for you and your family.
- Comprehensive life insurance.
- Inclusive and diverse workplace culture.
- Career development and fast-track growth opportunities.
- Mentorship from industry experts.
Skills
- Operational Excellence: Proven ability to optimize processes for efficiency, accuracy, and service quality.
- Leadership: Strong team management skills with a focus on collaboration, accountability, and performance.
- Customer Focus: Commitment to delivering exceptional service and embracing a “Mission Zero” culture.
- Risk & Compliance: Deep understanding of regulatory frameworks and risk mitigation strategies.
- Tech Savvy: Ability to leverage technology to drive automation and process improvements.
Opportunity Details
RAKBANK
RAKBANK, the trading name of the National Bank of Ras Al-Khaimah, is a public joint stock company, headquartered in the emirate of Ras Al-Khaimah, in the UAE. The Head Office of the bank is situated in RAKBANK Building, Emirates Rd, Ras Al-Khaimah. The bank is 52.75% owned by the Government of Ras Al-Khaimah.
Shares are publicly traded. Board consists of several members of the ruling family of the emirate of Ras-Al Khaimah and businessmen from UAE and Kuwait. The bank is engaged in providing retail and corporate banking services through a network of thirty three branches in the United Arab Emirates, but all the transactions are handled on a strictly commercial basis.
Board of Directors
H.E. Shaikh Omar bin Saqr Al-Qasimi Chairman U.A.E
H.E. Shaikh Salim bin Sultan Al-Qasimi Member U.A.E
Mr. Hamad Abdulaziz Al Sagar Member Kuwait
Mr. Abdul Aziz Abdulla Al Zaabi Member U.A.E
Mr. Yousuf Obaid Essa Al Nuaimi Member U.A.E
Mr. Ahmed Essa Al Naeem Member U.A.E
Mr. Salem Ali Abdulla Saeed Al Sharhan Al Nuaimi Member U.A.E