Processing Team Member | Emirates Islamic

A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, capable, efficient, qualified, creative, and intelligent candidate with significant competency, good knowledge, and relevant working experience for the position of “Processing Team Member”.

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Company Name Emirates Islamic

Job Requirements and Benefits:-

Qualification Masters Degree | Bachelors Degree | Diploma
Experience 1 – 2 years of Relevant Experience Required
Monthly Salary 7,000 AED – 8,000 AED
Employment Type Part Time | Permanent
Company Size 100 – 500 Employees
Benefits Medical Insurance | Performance-based Increments
Location Dubai

About the job

Job Description

Department Description:

Emirates NBD is registered with RERA and DIFC as an Account Trustee and provides Escrow Body Corporate and Owners Association Services to CIB and Business Banking clients The Escrow Services is managed by Group Operations Escrow Services unit which serves various corporate and business banking relationships across Banking clients The unit is responsible for delivering Operations and Services related to Real Estate Escrow Common Area Body Corporate

DIFC Commercial Escrownon]regulatory accounts in line with RegulatoryDIFC guidelines and Banks policy and procedures It also works with Tanfeeth Legal OPS Risk and various other departments for the operations and services delivery

Brief Description:The job holder is expected to provide superior client service experience and seamless delivery of all Escrow Operations services in collaboration with hisher team HeShe needs to ensure the services provided as an Account Trustee to Clients internal and external stakeholders are in line with Real Estate Escrow Common Area Escrow Body Corporate Escrow Commercial Escrow and banks process and guidelines

Detailed Description:The job holder is expected to provide superior client service experience and seamless delivery of all Escrow Operations services in collaboration with his her team He She needs to ensure the services provided as an Account Trustee to Clients internal and external stakeholders are in line with Real Estate Escrow Common Area Escrow Body Corporate Escrow Commercial Escrow and banks process and guidelines

Handling day to day Escrow operations activities in compliance with Real Estate DIFC Common Area Commercial Escrow Laws and Regulations and internal procedures related to these services within the time lines Check daily transactions documents related to Developers Unit Management Projects Payments Deposits Allocations Unit Cancellation Refund Pending payments Guarantee management Retention transfer and others and ensure timely processing and confirmation to clients stakeholders Liaise with bank appointed engineers for obtaining their certification for release of payments Ensure timely Reconciliation of internal and regulatory reports for sending it Regulatory stakeholders within timelines Check project wise reports and ensure project wise accounts are reconciled and up to date Ensure all exceptions are escalated approved and ratified Ensure customer queries are responded within the timelines and confidentiality maintained Liaise with concerned team for clarifications related to any transaction Quick adaptability to new initiatives systems or any changes in the existing process related to Escrow Operations Services Support Product Managers Business units operationally ensuring customer satisfaction by transactions getting processed in line with regulatory internal bank process policy and procedures Providing clarifications seeking clarifications to and from internal external customers for smooth completion of the request

Job Requirements:

Handling all day to day Escrow operations activities in compliance with Regulatory

DIFC Common Area Commercial Escrow Laws and Regulations and internal procedures related to these services within the timelines Performing as one team to deliver best client service experience in line with regulatory requirements Additional

Details

:At least 2 years of experience in Escrow Operations Services and various aspects of bankingResult and client oriented with Excellent performanceBachelor of Commerce and equivalent degree

About Us

ENBDMeet the leading banking group in the regionEmirates NBD, the leading Banking Group in the MENAT region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across Corporate, Retail, Islamic, Investment, and Private Banking, Global Markets & Treasury, Asset Management and Brokerage operations throughout the region.

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