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Job Description
- Identifying new initiatives related to Escrow Services, obtain internal / external clearances, draw processes in line with the regulations and internal policies, provide training / presentation and implement roll-out
- Advise the internal stakeholders on the regulatory guidelines / internal procedures, ensure deposits are allocated to the correct investor / unit holders
- Handling day to day escrow
- Statutory reporting and liaison with Regulators/RERA/ Lands department. Liaison with Banks appointed engineers and legal team on the related matters and provide the information to the relationship team and the clients
- Providing monthly/ periodic MIS and any reports / details required with to the escrow accounts, in the format advised by the regulators within the timelines
- Assist in the development of escrow system along with enhancing the overall product offering, assisting in all activities related to escrow management
- Prepare and submit periodic internal MIS reports
- Develop business requirements for enhancing existing escrow capabilities, and work with Product /
- IT department, audit and risk team to formulate the project plan, delivery schedules testing and implementation. Monitor the project progress in all aspects from requirements conceptualization to implementation
- Ensure to comply with the audit requirements, internal and external reporting obligations etc. in line with the policy guidelines, to ensure high standards of uniformity and consistency across the Bank
- 6 - 8 years of experience in the banking industry
- Knowledge of escrow business
- Knowledge of various Banking operations & marketing function would be desirable
- Regular external contacts with real estate regulators in the local market and the financial and business community at large
- Bachelor’s degree in Finance, Marketing, Business administration or in any job related discipline
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- Good command in English and Arabic Language
- Planning and organizing skills
- Interpersonal skills
- Presentation
- skills
Edarabia
Skills
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Important dates & deadlines?
Application Deadline
03 Apr 26, 11:38 AM IST
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