Wholesale loans Operations Assistant Manager at GIB Khobar

Full time @Gulf International Bank GIB SAUDI ARABIA in Financial Services
  • Khobar Saudi Arabia, N/A View on Map
  • Post Date : April 2, 2024
  • Apply Before : October 2, 2024
  • Salary: SR15,000.00 - SR25,000.00 / Monthly
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Job Detail

  • Job ID 972
  • Offered Salary 1000
  • Career Level Others
  • Experience 2 Years
  • Gender Male
  • Industry Finance
  • Qualifications Degree Bachelor

Job Description

Review all loan applications received from wholesale (loan amount, term, credit review, approvals etc.), monitor discrepancies and inform relationship managers on identified irregularities during verification. Wholesale loans Operations Assistant Manager at GIB Khobar manage the daily operations of wholesale loan processing that include data entry on the system, reviewing and verifying data (document checking), while ensuring compliance with Bank policies & procedures and Central Bank rules & regulations.


  • Monitor, review, and revise company enrolments/limits as per risk management guidelines
  • Ensure that approved credit portfolio is as per the established policy & procedural guidelines, and loans are of acceptable credit standards
  • Process/supervise deal tickets for timely disbursement. Review performed transactions and executed deals and ensures compliance with Bank and Central Bank regulations to minimize exposure to risk and to safeguard the bank against financial loss.
  • Perform the reconciliation of financial bookings to identify and resolve account differences
  • Process instructions from business regarding settlements or extension requests and follow-up with the respective departments on any gaps
  • Ensure all documents related various transactions are filed (hard/soft copy) and archived. Follow document retention and disposal procedures, ensuring minimal discrepancies and loss of information
  • Audit participation and issue follow-up within agreed timetables for closure.
  • Generate periodic statistical reports ensuring transaction integrity for decision-making.
  • Periodically record and report account balances; adhere to service quality guidelines.
  • Improve processing cycle time by recommending process changes.
  • Ensure compliance with loan policies, risk guidelines, Basel framework, and AML policies.
  • Ensure thorough testing of all new system features in the test environment prior to deployment in production.
  • Conduct a regular Review to the current STP process and coordinate with UBS team & call for system enhancement if needed.
  • Weekly monitor & track of the original loan fractional docs with wholesale business/ CSD.


Bachelors degree with relevant experience


  • In depth knowledge of wholesale products and operations
  • Thorough knowledge of Central Bank and other applicable rules and regulations
  • Thorough understanding of managing risks in loan operations
  • Must be adept in use of MS Office 2000 or later, particularly Excel and Word, and Internet and email

Application Procedure:

To submit your applications for the Wholesale loans Operations Assistant Manager at GIB Khobar, click on the “APPLY NOW” button. Create account and complete the registration process. Submit required documents and certificates as per the guidelines.

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