Job Description
Role : Escrow & Accounts Services Manager
Location : Abu Dhabi
Role Purpose:
The role of Manager Escrow & Accounts Services it’s ensuring centralized services for Escrow projects, Customer On-boarding and account maintenance provided to the highest level of quality and performance.
To work with internal stakeholders & Services Head, to develop and maintain Escrow services.
Key Accountabilities of the role
Responsibilities:
- Handle and personalize service to escrow related customers and authorities.
- Assisting Head of Escrow Services with Escrow clients.
- Visiting customers and the relevant authorities for new regulatory updates and maintains business relationship & submitting call reports.
- To oversee all matter related to daily processes and transactions in coordination with escrow operations unit and liaise with other departments where required.
- To manage all escrow client complaints within agreed time frame.
- Supporting in RCSA's/Product Programs and other related documentations.
- Maintaining the interface with authorities and clients and acting as a coordinator and escalation point for parties involved.
- Coordinate and educate customer with escrow related payments and relays to the concerned department.
- Familiarize institutional policies / procedures.
- Keeping track of all incoming and outgoing transactions of escrow and creating monthly MIS and audit related reports.
- Assist/ coordination and support of audits /examinations.
- Review of Account opening documentation and Account maintenance request received from RM & Customer and ensure that account opening documentation are in compliance with ADIB’s Policy and Procedures.
- Prompt & Efficient Coordination with Legal, Compliance, Sharia and Operations in opening account & Account maintenance.
- Issuance of Special Cheque to be ordered with TAT and in accordance with ADIB’s Policy and Procedure.
- Establish and maintain the ADIB-wide Corporate on-line channel (e-ADIB) customer activation process.
- Maintaining of Inventory & control of Vasco Card for e-ADIB WBG Customers
- Identify process/system issues and work with support team to improve.
- Handling of Public Sector customers UAE-wide to cater day to day customer’s need.
- Maintain accuracy and efficiency.
- Educate customers on account opening & maintenance.
- Take corrective actions wherever required to fix the gaps, if any, in the day-to-day processing.
Always maintain confidentiality. - Complete required training, resulting in understanding of all processing systems and procedures
Specialist Skills / Technical Knowledge Required for this role:
Essential Education level required:
- Bachelor’s degree or equivalent in a relevant subject (business, finance or marketing) In addition, Professional / Technical qualifications/Diplomas on related subjects.
Specialist Skills/Training required:
- Cultural sensitivity and adaptability
- Interpersonal and relationship skills - must have an ability to develop and sustain executive-level relationships as well as internal organization relationships across a variety of roles and levels.
- Written and superior oral communications skills (applied in both in-person and phone interactions).
- Presentation and facilitation skills (applied in both in-person and phone interactions).
- Knowledge of principles for providing customer service.
- Advanced degree or equivalent in a relevant subject (business, finance or marketing). In addition, Professional / Technical qualifications/Diplomas on related subjects.
- Possess sound experience in Account Services, Escrow Services and Escrow rules & regulations.
- Strong organizing, planning and problem-solving capabilities.
- In depth knowledge of Local UAE market
Previous experience: - Sound knowledge of Account opening and Account maintenance
- Possess sound experience in Escrow Services and Escrow rules & regulations.
- Good customer handling and interpersonal skills
- Minimum of 10 years of experience in Corporate Banking Services.
- At least 5 years of experience in the field of boarding account opening & maintenance. Additionally, extensive experience of Escrow services.