VP – Unit Head, Syndication Agency & FIAdministration

Job role insights

  • Date posted

    June 23, 2025

  • Hiring location

    Dubai UAE

  • Career level

    Middle

  • Qualification

    Bachelor Degree

  • Experience

    5 - 10 Years

Description

Job Description

Job Purpose To manages a Unit handling administration of Syndicate Agency, Structured and other complex nature of facilities (including FIs facilities, Risk Participations and Sukuks) and is accountable for effectiveness besides responsible for delivery of high standard services to the syndicate customers. Guide and control teams on documentation and operational matters in respect of running and controlling and resolving technical issues and ensuring the Bank is not exposed to unnecessary legal, financial or regulatory risks. Key Responsibilities • Authorize/approve release of facilities and ensure that teams are confirming that approved facilities are within the delegated authority before release/processing. • Guide and act as an escalation point within the unit when staff need assistance and also provide guidance on the activities and responsibilities in the Syndicate/Agency functions, facility set up process and monitoring. • Attend meetings/calls with business departments, legal counsels, Sharia and different departments of the bank for documentation and operational matters and to ensure understanding the responsibilities of the Agency Roles. Oversee calls and meetings with syndicate banks. • Lead, motivate and develop subordinates in order to achieve required levels of performance and competency. Initiate discussion with teams on bespoke products agreements. • Ensure conditions precedents are compiled and confirmed by Legal Counsels/Agents before releasing limits and utilization of the portfolios monitored is within the approved limits. • Ensure that all activities are performed as per standard operating procedures (SOPs) and SLAs upto the customer satisfaction and SOPs are updated as and when required. • Make sure that all Fees/Income related to syndication operation and other portfolios managed is accurately maintained and tracked for recovery and distribution. • Review reports/exceptions/irregularities and advise managers on corrective actions and highlight to the senior management. • Ensure that securities/collateral are monitored on a regular basis to ensure that any shortfall in security is immediately recognized and reported for rectification by Business Departments. • Review performance of unit, effectiveness of tasks management process, identify gaps and advise on training needs to improve in productivity and quality. • Arrange to develop systems and process controls to ensure smooth work during the whole process of arranging, underwriting and operation of syndicated facilities. Ensure perfection of finance documents, securities and that bank is not exposed to any operational loss • Sign Facility/Security documents, notices, IOM for booking and remittances and authorize records in the bank's as well as 3rd party systems as per ODOA's, POAs or Access Matrixes.

Competencies/Skills

Education Minimum bachelor's degree. Master Degree in Banking and Laws or Financial Management will be a plus. Work Experience Minimum 8-10 years of banking experience of which at least last 5 years in a senior role handling of credit administration of Syndicate facility. Have experience in handling of facility administration of syndicate accounts, including documentation, Agency role, operational matters, System and operations knowledge are the minimum key requirements.
 

Country

United Arab Emirates

Region

Dubai

Locality

Dubai

Company

Dubai Islamic Bank

Valid Through

2025-10-20

select-type

Full Time

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119 days left to apply

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