Team Leader – Corporate Credit Risk Management recruitment
Working for a prestigious, award winning UAE Bank, headquartered in Abu Dhabi, your responsibilities will be:
Job Purpose
Manage and monitor the assigned portfolios / segments in order to ensure a sound loan portfolio and minimize loan losses.
Approve/recommend/reject Credit Applications after review and evaluation within the policy parameters of the bank.
Assist and guide business units in meeting customer needs and thereby assisting units in meeting their revenue targets.
Liaise and co-ordinate with other support divisions – Legal, Internal Audit, etc – in protecting the bank’s assets.
Participate in developing credit policy procedures
Tasks Responsibilities
Manage the credit risk assessment for clients of the assigned segments/portfolios. Perform supervisory functions and exercise financial authority at the level established by Senior Management for this position
Judge credit risk assessment of a credit application using a process of evaluation based on client’s business operations, credit worthiness, debt paying capacity of the borrowers and the market and industry predictions. Seek to safeguard the Bank from unnecessary credit and other risks, thus minimizing loan loss provision maximizing the Bank’s profits.
Investigate loan applications and review notes, existing client history and comments of the Relationship Manager, the Account Manager and identify key information and synopsis of the potential client and provide an initial assessment of the credit risk of the client
While processing Credit Applications form a professional opinion after a review and evaluation of the credit worthiness and debt payment capacity of the borrower and the market situation prevailing or likely to prevail during the duration of the loan. Where there is any concern refer case to a higher level.
Work within specified Turnaround Time (TAT) agreements for Transaction Tickets and Credit Applications. Liaise with Relationship Managers/Unit /Segment Heads as required for any queries including screening, structuring and /or eliminating new deals and prompt disposal of cases
Assist in the development of systems and other projects as requested by the management, in line with extant process / procedures.
Contribute to / develop policies to reflect the emergence of new business segments/units and a credit culture driven by customer and market needs and bank’s strategic priorities, and update on a continual basis as and when required
Manage and motivate a team of Senior Account Managers, Account Managers to high levels of quality output and productivity levels
Develop Nationals as directed by Management
Direct Reportees
Senior Account Managers (1)
Account Manager (1)
Experience and Qualifications
A university degree in Economics/Finance or Accounts or similar qualification. An MBA is desirable.
Associate of the Institute of Banking
At least 15 years in risk assessment in a commercial banking environment with at least 7 years in Credit Risk area. Demonstrable experience in exercising a balanced judgment of credit risk required. Experience in the structuring and development of products and credit policies and thorough orientation of the legal and accounting environment are essential.