Limits Officer
Date: Feb 19, 2021
Location: Head Office (EGY44), Egypt
Company: AL AHLI BANK OF KUWAIT
Job Purpose
Assist efficiently in insert of limits according to procedures for a portfolio with limits amounting nearly EGP 5.2 Billion.
Key Accountabilities
• Ensuring that all necessary requirements of documentation, security arrangements etc. were fulfilled.
• Amend Input interest rates & commission rates to the system.
• Handle the amendment of any limits, terms and conditions, and monitors the credit facilities relevant to the approved limits
• Handle Links and delinks LGs, LCs, loans & overdrafts to the credit lines.
• Decrease the facilities against assigned contracts upon receiving a copy of the relevant checks.
• Create / amend agreement (amount- drawing power) against OVD commercial paper
• In Case of facility extension, follow up receiving registered letter for facility extension.
• Follow up syndication loans interest period and escalate in case of delay.
Education
Diploma Degree or equivalent certification/experience
Experience
2 – 4 years experience in Credit Control in a bank
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