Al Futtaim Jobs - Operations Executive: Contract Management | Al-Futtaim Finance | Dubai (Dubai, AE)

Job Requisition ID: 95021 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

 

 

Operations Executive- Contract Management

 

Job Purpose:

To coordinate and ensure that accurate operational procedures are being maintained in the efficient administration to support stake holders  & customers by adhering to Central bank guidelines and policies.

 

 

Key Responsibilities:

• Efficient delivery of Loan process and ensure all Key Performance Indicators (KPI) Key Risk Indicators (KRI) and Know Your Customer (KYC) norms are followed while processing the loans
• Support Operations Manager in optimizing Loan processing at HO Ops, adhering to Operational standards.
• Checking Loan application for completeness and data accuracy in system.
• Checking Loan application for completeness and data accuracy in system.
• Check DDAs/PDC’s, and security cheques received in each Loan deal
• Ensure accurate information inputs for mortgage upload in RTA & MOI system
• Ensure all documents are verified and issue LPO
• Ensure that the Continuous due diligence (CDD) is timely done and updated.
• Ensure that the departments Quality Objectives and KPIs are followed, tracked and necessary actions taken if in case of variance including escalation to senior management.

 

 

• Manage the repayments:
• Timely deposition of DDAs
• Timely representation of bounced DDAs
• Update customer account for receipts and cheque /DDA bounces.
• Tracking the repayments and ensure information on defaulting customers are escalated to the collection department for initiating recovery process

 

 

• Audit Adhering: Ensure that the processes are always adhering to laid down SOPs.

 

• Vendor coordination: Coordinate with external vendors to ensure that all process requirements and reconciliation are completed  

 

• Process Improvements: Process & SOP, Identify opportunities for process improvement System

 

• Participate in ongoing System Testing (supporting in Creating test scripts/templates for comprehensive UAT) & ensure that the functionalities are performing as per the requirements.

 

• Finance management: Ensure that all financial and non-financial changes are completed within the agreed time

 

 

Qualifications, Experience & Skills:

 

Education: University Graduate

 

Minimum Experience and Knowledge:  1 Year

 

Job-Specific/Technical Skills required to complete the tasks: MS excel/Office

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Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

 

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