Friday, 9 May 2014

Portfolio Assessor Job Vacancy at Noor Bank in Dubai

Job Title:        Portfolio Assessor (Liability +Assets)
Job Location:   Dubai, United Arab Emirates
Employer:    Noor Bank

About Noor Bank:
Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai - United Arab Emirates. In a short period of time, Noor Bank has grown considerably, and now provides a comprehensive range of products and services - in personal and corporate banking, wealth management, insurance, treasury and trading. We are known for creative, innovative and responsible products and services, most of which are tailored to suit specific business and personal needs. Our efforts to provide professional services and build lasting relationships continue to win us new customers - individuals, investors, institutions, companies and governments - across all operations.

Besides an august Board of Directors, we are also supervised by a Fatwa and Shari’a Board, and a team of reputed scholars oversee and ensure Islamic compliance on all legal, financial and banking matters. Noor Bank is 5% owned by the Emirates Investment Authority and 95% by Noor Investment Group.  Noor Investment Group is 50% owned by Dubai government related entities, 50% by prominent individuals and members of the UAE ruling families.

Job Requirements:
• Candidate should be from Financial industry with minimum of Bachelor’s degree,  Master’s  will be preferred
• Handled related Job for 1-2 year (work in compliance or credit risk)
• Hand on experience and complete understanding of corporate/SME industry 

Job Duties:
• To streamline business and reduce portfolio volatility.
• Work with business to weed out potential risk in Business banking segment by applying core policy in coordination with compliance and risk to ensure clients on board meet bank’s requirements
• Troll thru the accounts (at least twice a year) to ensure transactions are what is expected and not causing any alarm
• Coordinate with concern RM for the expired or near expiry legal document procurement on time
• Liaise with compliance to apply /operate anti-money laundering controls and procedures
• Response and support Credit/Compliance for their query and its resolution
• Conduct Field visits: Upfront random visits and regular quarterly visits and report any anomaly to line manager
• Monitor zero balance accounts and liaise with RM for funding/closing these accounts
• Explore/analyse opportunities to cross sell SME products to customer base by working closely with the Asset and liability teams
• Work proactively with Branch Service team and product managers to ensure the right retention policy is in place

Deadline Date: 20/05/2014

Apply Now