Job Description

الوصف الوظيفي

Role: Escrow Support Officer

Location: Dubai

Role Purpose

Escrow Support Officer receives and processes Escrow requests and general inquiries. Responding promptly to all inquiries of customer/developers and monitoring operational processes of Escrow within Dubai, Abu Dhabi, RAK or other Emirates as per agreement of ADIB with the regulatory. Ensuring that account Opening, maintenance, reconciliation, records, controls and closure as per regulations from concerned authorities and bank policies. Review of payments, TAS updates, maintenance of guarantee records and Implementing controls where required as per the standard banking procedures.

Key Accountabilities of the role
  • Handle all escrow activities including inflows, outflows, audits, reporting etc. being in strict adherence to regulatory guidelines (Real Estate Regulatory Agency, Abu Dhabi Municipality, RAK, Owners Association Department).
  • Handles ...

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