Assistant Manager - Credit Risk

Organization Unit Purpose

Job Purpose

• Evaluate credit proposals from wholesale banking units and submit recommendations to management.
• Evaluate credit risk and suggest mitigating measures.
• Maintain the quality of the corporate credit portfolio for allocated accounts or business units.
• Ensure lending proposals comply with policies and UAE Central Bank regulations.
• Monitor borderline, OLEM, and substandard accounts to prevent deterioration into non-performing status.
• Advise business units on difficult accounts and monitor progress.
• Review and recommend provisions for weaker accounts.
• Monitor exceptions, excesses, past dues, and utilization.
• Advise relationship teams and management on strategies to maximize returns.
• Review changes to documentation and standard terms with Legal, CRAD, and other stakeholders.

Customer and Internal Processes

• Maintain service quality and adherence to turnaround times.
• Provide proactive business support and quality interaction with allocated business units.
• Understand customer needs and undertake business unit or customer visits as required.
• Maintain the quality of credit recommendations and approvals, including necessary escalations.
• Adhere to policies, processes, and guidelines.
• Undertake sector and portfolio reviews.

Compliance and Portfolio Monitoring

• Maintain accurate comments on reports and monitor exceptions for timely inclusion on EAR.
• Escalate covenant breaches and audit remarks.
• Monitor accounts, provisions, repayments, and risk indicators to reduce non-performing loans.
• Minimize overdue reviews, covenant overdue items, and DDR through proactive exception monitoring.
• Complete IFRS 9 governance and staging according to policy.
• Ensure compliance with regulatory requirements.
• Support the ESG scorecard automation initiative in nCino for credit assessments above AED 50 million.

Initiatives and Teamwork

• Contribute to policy and process revisions, industry reviews, DLA authorities, and controls.
• Suggest improvements to procedures and processes.
• Participate in special projects as assigned.
• Complete required training programs, including AI-related training courses.
• Develop product, policy, and procedures knowledge.
• Share knowledge with colleagues and support customer satisfaction.
• Support workload redistribution and improve end-to-end credit request turnaround times.
• Complete other special tasks assigned by credit risk leadership.

Education and Experience

• Bachelor's or master's degree.
• Diploma or certification in banking or finance.
• At least 3 years of banking experience.
• At least 1 year of experience in corporate credit.

Knowledge and Skills

• Knowledge of corporate products including trade finance, treasury, syndications or club deals, real estate finance, and project finance.
• Ability to manage high volumes while maintaining due diligence.
• Ability to work independently and contribute to positive team spirit.
• Ability to interact with stakeholders at various levels of seniority.
• Initiative to learn and improve credit skills.