About
Abu Dhabi Islamic Bank (ADIB) Egypt is an award-winning bank that started its operations in Egypt after the acquisition of the National Bank for Development (NBD), through the Emirati consortium between Abu Dhabi Islamic Bank and Emirates International Investment Company (EIIC) in 2007. As part of its strategy to be a leading universal Islamic bank in Egypt, the Bank focuses on offering a broad spectrum of Shari’a compliant banking solutions, to cater to the needs of corporate and retail customers, the development of a state-of-the art infrastructure, and revamping its 70 branch network. Aiming at integrating its services, the Bank established an Investment Banking arm, ADIB Capital Egypt, and a leasing company, ADILease
Following the acquisition, the paid-up capital increased almost seven-fold from EGP 281mn to EGP 2bn and EGP 4bn authorized capital. ADIB Egypt posted EGP 237mn net profits end of 2014, which represents a 130% increase compared to the same period of 2013. ADIB Egypt succeeded in establishing a retail and corporate platform to service the customers in different segments and provide the necessary services of short-term and long-term finance. All these measures enabled the Bank to build a broad base portfolio of leading local and international companies operating in the Egyptian market
In addition to the asset and liabilities products and treasury services all delivered through client centric teams, ADIB Egypt employs a dynamic team of over 2,000 experts providing a growing portfolio of Shari’a compliant products and services via a stimulating work environment for staff across its nationwide network of 70 branches, and 40 microfinance units
.jpeg)
Generic Responsibilities
- Assist in improving the efficiency and effectiveness of the workflow.
- Act as a checker and participate in team evaluation and provide feedback (if required).
- Participate in reporting RSCA quarter sample.
- Provide periodical analytical reports according to identified time.
Key Responsibilities
- Register all data related to credit limits, loans and guarantees as per the credit approvals issued by the competent authority.
- Open new Corporate accounts (local/ foreign currency) through the following:
- Review all presented documents are complete, correct and accurate to ensure that all the information submitted matches the original documents.
- Scanning all original documents on daily basis in order to be saved for any urgent event, important decision or any further review.
- Check the names of the company, its shareholders whether it exists on the blacklist or not through its shared folders to ensure the absence of frauds or money laundry.
- Apply FATCA review to ensure there are a relationship between company and shareholders.
- Execute customer signatures on the system after reviewing supporting documents and signature cards.
- Handle all account maintenance daily requirements while ensure full compliance to bank legal policy and procedures through the following;
- Change account type according to business directions.
- Open all types of sub-accounts including the new MMF and MMS accounts.
- Change customer main Branch according to customer request.
- Update accounts’ segmentation on the system and match them with the customers’ KYC.
- Handle dormant accounts de-activation and the reactivation of closed corporate customers’ accounts.
- Deactivate all related signatures for all current and ongoing dormant accounts.
- Perform the clean-up process of all outstanding corporate account portfolio.
- Deactivate all signatures related to all current and ongoing dormant accounts.
- Handle guarantees process (hold, freeze & release) by ensuring that they are not blocked on any account of any previously extended credit facilities.
- Block guarantees on the system according to received directions and stating reasons for blocking.
- Perform all CBE specific requests/ reports concerning corporate account maintenance including hold and releases due to legal aspect.
- Handle the process of registering corporate customers on ADIB pay and internet banking.
- Report any irregularities and discrepancies appeared in Corporate accounts.
- Participate in the related UAT testing and review the results to ensure correct implementation.
- Handle received complaints in cooperation with Consumer Rights Protection – Compliance & Governance – in accordance with the policies and procedures and identified SLA.
- And any other assigned Tasks.