Dubai Islamic Bank
VP - Unit Head, Syndication Agency & FI Administration
- Permanent
- Dubai, United Arab Emirates
- Experience 5 - 10 yrs
- Urgent
Report job as expired
Job expiry date: 07/07/2025
Job overview
Date posted
23/05/2025
Location
Dubai, United Arab Emirates
Salary
AED 60,000 - 100,000 per month
Experience
5 - 10 yrs
Seniority
VP/Executive
Qualification
Bachelors degree
Expiration date
07/07/2025
Job description
The VP - Unit Head, Syndication Agency & FI Administration is responsible for overseeing the administration of syndicated and structured finance facilities, including risk participations and sukuks. The role ensures effective operations, manages complex documentation and legal compliance, and guides the team in operational execution while safeguarding the bank from regulatory or financial risks. The role requires coordination with internal stakeholders and external parties, including legal counsel and syndicate banks, to maintain service standards and performance efficiency.
Required skills
Key responsibilities
- Authorize and approve release of facilities ensuring compliance with delegated authorities
- Provide escalation support and guidance on syndicate and agency functions
- Participate in meetings with legal, Sharia, and business teams for documentation and operational clarity
- Lead and mentor subordinates, especially on bespoke product agreements
- Confirm completion of conditions precedent before limit release
- Ensure all activities comply with SOPs and SLAs, updating SOPs when required
- Track and ensure recovery and distribution of all syndication-related fees and income
- Review reports and exceptions, advising management on corrective actions
- Monitor collateral and security adequacy, addressing any deficiencies
- Evaluate unit performance and recommend training to enhance productivity
- Develop system controls for efficient syndicated facility operations
- Authorize facility/security documents and system transactions in line with access protocols
Experience & skills
- Minimum bachelor's degree; Master's in Banking, Law or Finance preferred
- Minimum 8ā10 years of banking experience, 5 years in senior credit administration roles
- Strong experience in syndicate facility administration and operational execution
- In-depth knowledge of documentation, agency roles, and system operations
- Understanding of compliance, legal risk mitigation, and structured finance instruments
