Credit Documentation Senior Assoicate
Full-time
Company Description
Job Description
Job Objective:
Ensure accurate and efficient credit documentation and transaction execution by reviewing credit approvals and requests, preparing contracts, addenda, and necessary documents, all in accordance with lending conditions, banking policies, regulatory requirements, and best practices. This role aims to minimize risks, simplify processes, and support the effective execution of credit facilities.
Key Responsibilities:
Prepare credit contracts, addenda, and related documentation based on credit approvals and requests. Document guarantees and any other relevant documents, ensuring their validity. Calculate commissions, fees, and stamps in accordance with bank policies and the Central Bank of Iraq regulations. Prepare and review credit limit notifications, guarantees, and other requests in line with banking procedures. Process letters of credit, guarantees, and revolving credit withdrawals according to established policies and procedures. Ensure the validity of guarantees relative to facilities on the banking system and keep them updated. Coordinate with relevant departments to finalize pending follow-ups related to credit documentation. Prepare periodic reports (daily, weekly, monthly, etc.). Perform additional duties as assigned by the direct supervisor.
Qualifications
Qualifications:
Bachelor's degree in Finance, Banking, Accounting, or equivalent. 1-3 years of relevant experience in a similar role.
Required Skills and Competencies:
Strong communication and interpersonal skills. Attention to detail and precision in work. Proficiency in computer applications, especially Microsoft Excel. Strong coordination, follow-up, planning, and organizational skills. Analytical and problem-solving capabilities. Ability to work under pressure and adapt to changing circumstances.
Job Location
Credit Documentation Senior Assoicate
Saadoun St, Baghdad, Baghdad Governorate, Iraq * Full-time
