Specialist, Credit - Real Estate (Emiratized Role)

About the Role
Conduct detailed credit assessment and approval of credit applications seeking financing for business or investments, secured against residential and/or commercial real estate. The primary aim is to determine borrower eligibility for financing while ensuring alignment with the company's risk appetite and Target Market Risk Acceptance Criteria (TM-RAC). Analysis of audited financial statements is a key skill required in this role.

Key Accountabilities

• Review, analyze, and recommend loan proposals in accordance with approved credit policies, procedures, and market dynamics to produce high-quality credit assessment memos for underwriting purposes.
• Manage an allocated portfolio of clients, conducting timely annual reviews, monitoring delinquencies, early warnings, adherence to covenants, and documentary deferrals; actively engage with respective business counterparts to address any credit-related issues.
• Due to the high net worth and sensitive nature of the clientele, engage with senior business counterparts (e.g., Area Managers, Executive Directors) to ensure that proposed facilities are adequately structured, meeting both client expectations and the company's underwriting standards.
• Attend client meetings with business counterparts to develop a better understanding of the client and the proposed credit facility.
• Adhere to and comply with departmental policies, standard operating procedures, and practices to ensure smooth and methodical work execution.
• Exhibit consistency with organizational values and ethics at all times, demonstrating a value-driven culture within the company.
• Contribute to the continuous improvement and sustainability of policies, systems, processes, and methods to efficiently carry out duties in line with changing needs.
• Maintain an in-depth understanding of regulatory and internal company policies.
• Communicate effectively and exhibit writing skills when preparing and submitting credit proposals to the approving authorities within the company.

Job Context

• Analyze clients' audited financial statements, bank statements, rental roll reports, collateral details, and assess credit history to meet company lending standards.
• Conduct in-depth analysis of borrower financial ratios, including profitability, solvency, cash flow, and debt service coverage ratios, ensuring error-free underwriting and sufficient repayment capacity for proposed loan facilities.
• Review and analyze restructuring requests from existing loan customers and recommend actions in line with company policies and TM-RAC.
• Calculate credit risk ratings and check RAROC of the customer utilizing the company's portals.
• Ensure completeness and accuracy of submitted documentation with credit requests to prevent future fraud or delinquencies.
• Review requests for excess rental releases from clients after analyzing the rental register and rental collection accounts.
• Collaborate with other stakeholders, such as Credit Administration, Collections, and Operations, to address non-compliance issues with terms and conditions of credit.
• Review and approve waiver or deferral requests from existing customers, considering the associated credit risks.
• Process loan applications and service requests efficiently within agreed service level agreements (SLAs).
• Maintain departmental management information systems (MIS) documentation on an ongoing basis.
• Ensure that all approved loans and related documents are complete and stored in the common folder/system to prevent missing or misplaced documents.
• Work under pressure conditions without compromising credit underwriting quality.
• Perform any additional job-related tasks or projects as assigned by the Line Manager.

Qualifications

• Minimum Education Required: A Bachelor’s degree, preferably in Finance, Banking, or Commerce.
• Experience: A minimum of 5-7 years of corporate/SME credit or banking experience.