banking jobs in UAE | RAKBANK careers

RAKBANK announced, through its Linkedin account, a bank job in UAE (Assistant Manager, Trade Working Capital & Business Loans) according to the following:

•  RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a Public Joint Stock Company based in the United Arab Emirates (UAE). 
• It was founded in 1976 and is one of the oldest banks in the UAE. 
• The Bank operates within retail and corporate banking, offering a range of services including personal and business banking, credit cards, loans, investment services, and wealth management
• In the recent years, the Bank has achieved significant milestones which includes being named as one of the world's best banks by Forbes ME (2022) and was awarded UAE's SME Bank of the year by the Asian Banking and Finance Awards. 
• The Bank has been successful in achieving the highest profitability and lowest cost of risk since 2015. It has also seen significant growth in its acquiring business, card spending, and business loans.
• Oversee day-to-day operations of credit administration activities for trade working capital products and business loans, including documentation management.
• Ensure timely and quality services for internal and external customers within the BBG vertical to maximize customer satisfaction.
• Lead multiple processes supporting customer fulfillment for Credit Administration, including BBG credit operations, documentation, limit loading, and disbursements.
• Possess a comprehensive understanding of Business Banking products.
• Monitor key performance metrics, identify areas for improvement, and implement necessary changes.
• Foster an environment of adaptability and continuous learning through cross-skilling and proactive resource reallocation to ensure stable and consistent service delivery.
• Ensure compliance with all relevant banking laws, regulations, and industry standards.
• Manage operational risks by identifying potential risk areas and implementing proposed solutions. Stay updated with regulatory changes to ensure continuous compliance.
• Excellent communication and people skills.
• Ability to lead and motivate a team to achieve reconciliation goals.
• Fully embrace “Mission Zero” culture. Dedication to understanding and meeting the needs of customers, ensuring prompt and accurate resolution of inquiries and requests.
• 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.
• Minimum of 3-5 years of experience in credit operations, risk management, or a related field within the banking or financial services industry.
• Strong understanding of credit products, risk management principles, and regulatory requirements related to credit operations.
• Deep understanding of Banking products of the required assigned vertical.

To know more details about the vacancy and how to apply kindly check the link below:

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