MUHAMMAD ARIF, OFFICER MORTGAGE OPERATIONS

MUHAMMAD ARIF

OFFICER MORTGAGE OPERATIONS

DUBAI ISLAMIC BANK

Location
United Arab Emirates - Dubai
Education
Master's degree, Finance
Experience
13 years, 9 Months

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Work Experience

Total years of experience :13 years, 9 Months

OFFICER MORTGAGE OPERATIONS at DUBAI ISLAMIC BANK
  • United Arab Emirates - Dubai
  • My current job since February 2015

• Processing of documents for land registration for existing portfolio.
• Preparation of MIS for existing portfolio.
• Preparation of cheques /MC’s against customers to land department.
• Coordination with Developers and customer Service to resolve queries.
• Coordination with other banks to attain security documents for all external buyout cases.

OFFICER CORPORATE ASSETS OPERATIONS at NOOR BANK
  • United Arab Emirates - Dubai
  • May 2014 to December 2014

• Processing of Murabaha commodity/goods financing under collection documents DP/DA against local/overseas imports and local/overseas exports.
• Disbursement and adjustment of syndicate financing according to bank defined limit and agent bank instructions.
• Disbursement and adjustment of Trust Receipt financing under sharia law.
• Checking of documents for processing according to Customer Limit Position(CLP) and sharia law.
• Keeping track of commodity purchase/sale through LME (London Metal Exchange).
• Purchase and Sale of commodity through DMCC (Dubai Multi Commodity Center) for murabaha commodity financing.
• Daily reconciliation of GL’s and preparation of weekly reports for internal control purpose.
• Preparation of monthly Central Banking reporting of transaction more than five million for corporate as well as consumer and home financing.
• Processing of Islamic Cover Drawings (ICD).

TRADE OFFICER at SONER IBANK LIMITED
  • Pakistan - Rawalpindi
  • July 2010 to May 2014

• SWIFT messages creation.
• Establishment of Import LC’s (Foreign & Local), lodgment and retirement of import documents and reporting to State Bank of Pakistan.
• Lodgment and Realization of Export Bills, issuance and Certification of E.Form.
• Handling transactions for Creation and adjustment of Finance Against Trust Receipt(FATR), Fiance Again Imported Merchandise(FIM) and force finance for Inward Foreign Bill (IFB).
• Registration of contract on Cash Against Documents (CAD) basis and dealing with foreign documentry bills on collection basis.
• Opening of Foreign Currency Accounts as per SBP Regulations.
• Handling Transactions related to Foreign Demand Drafts, Outward/Inward Telegraphic Transfers and Outward/Inward Collection of FC Cheques.
• Handling of daily FC Transactions and its monthly reporting in the form of Foreign Currency Returns to SBP.
• Preparing and Handling of Export Refinance Part-1 Cases to SBP.

Education

Master's degree, Finance
  • at Federal University
  • January 2010

MBA (Finance) 2010 Federal University Islamabad, Pakistan

Bachelor's degree, Finance
  • at Karakurum International University
  • February 2007

BBA Hons (Fiance) 4-Years 2007 Karakurum International Univsersity Gilgit, Pakistan

Specialties & Skills

Corporate Office
Syndications
Import Export
Trade Finance
BANK RECONCILIATION
DIFFERENT ACCOUNTS
PAYROLL
POSTING
RECONCILIATION
VOUCHERS

Languages

English
Expert

Memberships

INSTITUTE BANKER OF PAKISTAN (IBP)
  • STUDENT
  • January 2013

Training and Certifications

BASIC BANKING COURSE (Certificate)
Date Attended:
July 2010
Valid Until:
January 2011

Hobbies

  • PLAYING FOOTBALL AND HIKING
    I have hike all trails in margalla hill of islamabad.