Director Jobs In Dubai 2023 | First Abu Dhabi Bank

Qualifications

• Experienced product owner mainly for ESCROW proposition, escrow laws, local and international regulations, and practices.
• Sound Knowledge of Corporate and other cash management products and operations
• Ability to interpret legal implications around Escrow products and services
• Understanding of diverse financing structures including real estate/ project / structured finance / syndicated / bilateral / lending transactions and the associated account structures.
• Working knowledge of LMA standard Facility structure /documentation and bilateral lending policies and documentation
• Understanding of due diligence processes
• Exposure to non-financed Account Bank roles
• Good understanding of mechanisms to create and manage security with regard to Bank accounts.
• Credit policies of the Bank, Account operations, process guidelines & in-country, Banking laws.
• Language proficient: Fluent (Business) English, preferably Arabic

Responsibilities

• The individual will support the P & L growth in terms of total revenue (NII & NFI) by focusing on product management initiatives and work with GTB Advisory teams in achieving specific business targets.
• Responsible for recommending the business strategies, product pricing and sales/marketing planning to increase the market share of the bank’s escrow business.
• Work in coordination with sales and relationship team prepare, negotiate and win mandates.
• Handle product development activities from strategic to tactical
• To structure, develop and commercialize innovative and complex escrow products such as Account Bank propositions under EPM – Cash Product Management across UAE and International locations. This role will also support the build and creation of new Client propositions in this area.
• Assist Unit Head to deliver the department strategy under Cash Product Management of GTB, Corporate & Investment Banking Group and to be accountable service and portfolio growth.
• To organize the day-to-day Escrow product management, fulfilling regulatory and compliance issues related to Escrow and to proactively develop the Escrow business.