About the Role
The company Credit & Control Unit is a critical component of Wholesale Banking, tasked with supporting Corporate Banking Business Units (BUs) through proficient management of all credit-related requests. This role includes drafting proposals, analyzing risks and mitigants, ensuring timely renewal of accounts, managing PD and EAR accounts, and thereby enabling the business to efficiently manage capital, maximize earnings, and accept risks that align with the risk acceptance criteria of the Bank and UAE Central Bank Regulatory Norms.
Ready to apply for roles like this?
Unlock the company name and direct application link. Subscribers get instant access to fresh jobs across Dubai, Abu Dhabi and Riyadh, many with visa support.
Unlock employer & apply directly
Responsibilities
- Review and process new-to-bank (NTB) and existing-to-bank (ETB) credit proposals, enhancements, and amendments.
- Analyze financial statements, cash flows, repayment capacity, and associated credit risks.
- Assess industry-specific risks, business models, security arrangements, and other relevant credit parameters.
- Structure credit facilities and recommend appropriate risk mitigants in coordination with Relationship Teams.
- Prepare comprehensive credit proposals and approval memos, ensuring compliance with the Bank’s credit policies and regulatory requirements.
- Manage credit queries and coordinate with internal stakeholders to facilitate timely approvals.
- Ensure timely renewal of credit facilities and proactively monitor assigned portfolios.
- Maintain accurate credit records, Management Information Systems (MIS), and approval documentation.
- Support audit requirements and ensure timely closure of audit observations.
Qualifications
- Minimum 3 years of experience in Credit Analysis or Credit Underwriting, preferably within the UAE banking sector.
- Experience in analyzing financial statements and preparing credit proposals.
- Strong knowledge of credit and financial analysis, Trade Finance, Islamic Finance, and Treasury products.
- Ability to assess financial risks, cash flows, and repayment capacity.
- Knowledge of industry-specific risks across contracting, real estate, manufacturing, services, and trading.
- Experience in drafting credit proposals and structuring credit facilities.
Benefits
- Offers a dynamic work environment with over 60 nationalities.
- Commitment to Employee development through Talent Management & Training and Development programmes.
- Emphasis on Emiratization with dedicated programmes to nurture young Emiratis into future leaders.
