Assistant Manager - Credit Risk (UAE National)

Organization Unit Purpose

Job Purpose

• Evaluate wholesale banking credit proposals and submit recommendations to management.
• Evaluate credit risk and suggest mitigating measures.
• Maintain the quality of the assigned corporate credit portfolio.
• Ensure lending proposals comply with policies and UAE Central Bank regulations.
• Monitor borderline accounts and advise business units on difficult accounts.
• Review provisions for weaker accounts and monitor exceptions, excesses, past dues, and utilization.
• Advise relationship teams on strategies for maximizing returns from relationships.
• Review documentation and standard-term changes with Legal and other stakeholders.

Service and Process Management

• Maintain service quality and adherence to agreed turnaround times.
• Provide proactive business support and quality interaction with allocated business units.
• Undertake business unit or customer visits as required.
• Ensure quality credit recommendations, approvals, escalations, and discussions.
• Undertake sector and portfolio reviews.

Compliance and Portfolio Controls

• Monitor exception reports and accounts for timely inclusion in early alert reporting.
• Escalate covenant breaches and audit remarks.
• Manage portfolios proactively to reduce non-performing loans.
• Monitor review and covenant overdue items and support IFRS 9 governance and staging.
• Ensure compliance with regulatory requirements.
• Support automation of ESG scoring in nCino for credit proposals above AED 50 million.

Initiatives and Teamwork

• Contribute to policy and process revisions, industry reviews, delegated lending authorities, and controls.
• Suggest improvements to procedures and processes and participate in special projects.
• Complete required training, including AI-related training, and develop product and policy knowledge.
• Support workload redistribution, improve end-to-end credit request turnaround time, and contribute to positive team spirit.

Credit Assessment Responsibilities

• Review credit applications for alignment with internal risk policies and regulatory requirements.
• Validate financial documents and credit information for accuracy and completeness.
• Identify borrower inconsistencies or red flags and escalate them appropriately.
• Document credit assessment findings to support transparent decisions.
• Coordinate with relationship managers to clarify application details and address information gaps.

Operational and Regulatory Controls

• Apply credit risk controls to minimize operational errors in loan processing.
• Monitor data privacy and confidentiality standards.
• Flag process deviations and control breaches for remediation.
• Maintain accurate records of credit decisions in risk management systems.
• Verify credit files meet regulatory documentation standards and complete mandatory checklists.
• Assist with regulatory and internal audit reporting.

Data Quality

• Input and update credit risk data in core banking and risk management platforms.
• Cross-check system entries against source documents.
• Report data discrepancies or system errors to relevant stakeholders.
• Participate in periodic data cleansing and data quality initiatives.

Education and Experience

• Bachelor’s or master’s degree in finance, accounting, business, or a related field.
• Diploma or certification in banking or finance.
• At least 3 years of banking experience and 1 year of corporate credit experience.
• Knowledge of corporate products including trade finance, treasury, syndications or club deals, real estate finance, and project finance.

Preferred Qualifications

• Relevant certification such as Credit Risk Certification or an equivalent qualification is preferred.
• Ongoing professional development in credit risk or banking regulations is expected.