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AVP & Lead- Credit Management

3.00 to 5.00 Years   Abu Dhabi, United Arab Emirates   13 Dec, 2023
Job LocationAbu Dhabi, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryBanking / Accounting / Financial Services
Functional AreaNot Mentioned

Job Description

JOB PURPOSE: The purpose of the job is to prepare, review and provide appropriate recommendation of credit facilities for a portfolio of CIB Corporate clients. The role also entails compliance with all credit policies and guidelines. KEY ACCOUNTABILITIES: Generic Accountability / Job Specific Accountabilities

  • Ensure timely preparation and submission of Credit Applications and conduct necessary client visits and due diligence in coordination with the coverage team.
  • Coordinates with the Relationship Managers well in advance of due dates of annual reviews to obtain necessary information from the borrower to facilitate a comprehensive review of the credit facilities.
  • Ensure credit processing & approval turnaround times as per agreed SLAs with CIB.
  • Monitor accounts regularly and follow-up with Business units on terms and conditions to ensure compliance with the approval conditions.
  • Monitor early warning indicators in order to identify potential problem accounts and liaise with Business Units for ensuring suitable action plans are in place to rectify the situation at an early stage.
  • Maintain credit processing & approval turnaround times as per agreed SLAs with CIB.
  • Review exception and portfolio reports as applicable and keep abreast of the clients account conduct, financial standing and latest developments occurring in their respective segment/market so as to provide appropriate recommendations with regards to change in risk appetite / ratings /classification.
  • Ensure accuracy of data being presented to various stakeholders including senior management
QualificationsMinimum Qualification
  • Must have Bachelors degree.
  • Desirable: - Chartered Accountant/ Masters in Business Administration (MBA).
Minimum Experience
  • 5 years relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing responsibilities in the Credit function.

Keyskills :
Due Diligence Risk Appetite Credit

About Company

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.

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