About the Role
The Credit function is responsible for the independent assessment, monitoring, and control of credit risk across the bank’s portfolio. This unit ensures that all credit exposures are aligned with the bank’s risk appetite, internal policies, and regulatory requirements set by the UAE Central Bank. It supports sustainable business growth by enabling informed credit decision-making, maintaining asset quality, and minimizing potential losses. Through robust credit evaluation, ongoing portfolio monitoring, and policy development, the unit enhances risk governance, ensures timely processing of credit proposals, and contributes to maintaining a strong and healthy credit portfolio.
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Responsibilities
- Assess credit proposals from the allocated Wholesale Banking portfolio to ensure they fit within the Bank’s strategy and Credit policy.
- Contribute to facility structuring and ensure completeness of applications, including detailed analysis of sector/industry and all associated risks.
- Meet customers to gain a first-hand view of the proposal and undertake site visits as required.
- Ensure that financing proposals comply with the Bank’s credit policy and UAE Central Bank’s regulatory norms.
- Monitor the portfolio of assets and exercise close surveillance to ensure its healthy status; research and analyze both micro and macro developments related to credits to provide anticipatory warnings of risks, foresee danger signals, and advise measures to prevent losses. Identify weak accounts within the allocated portfolio and recommend for downgrading, with or without provisioning.
- Control, monitor, and follow-up on credits via the review of irregular and past due accounts, pending documentation, and overdue renewals.
- Interact with relationship managers.
- Appraise, assess, and control credit exposures.
- Maintain a control function that ensures assets taken on meet the Group’s lending standards in terms of risk.
- Set up Credit policies that allow for the processing of credit proposals within an agreed time-frame and establish Service Level Agreements defining turnaround time and ensuring response levels.
Qualifications
- Bachelor or Master’s Degree in Finance.
- CA/CFA/CPA/CMA certification.
- Knowledge of Corporate products including Trade Finance, Treasury, and Syndications/Club deals; as well as Real Estate and Project finance.
- Ability to prioritize responsibilities.
