AVP & Lead, Credit Management

Overview

Specific Accountability

• The stated objective of the Bank in respect of Wealth Banking is to become a market leader across GCC in the priority banking arena.
• Clients, in this segment include the High Net Worth Individuals &/or all of their group entities representing diverse interests ranging from operating businesses to wide range of investment needs across various asset classes.
• Loan facilities to the High Net Worth and Ultra High Net Worth clients are structured around the loan size, collateral type, tenor and the financial strength of the borrower.
• Credit facilities are offered under various lending structures such as Leveraged Investments, Lombard facilities, Commercial/Residential Real Estate and Insurance Financing.
• Accordingly, the job holder is expected to demonstrate deep knowledge of products, industry, markets, financial statements so that he/she can work across all product groups and respond in a timely manner.
• Hence it is critical that the job holder, among other credit skills, is able to demonstrate the following Wealth Segment specific skill set:
• A thorough understanding of collateral valuation and monitoring processes
• Good understanding of documentation/legal requirements for different types of credit facilities
• Hands on knowledge of capital market products, derivatives and margin requirements
• Strong initiative and interactive approach to problem solving while displaying flexibility and independence in a demanding environment.
• Although a member of the second line of defense, the job holder is expected to play a strong partnership role.He/She is expected to be solution oriented and requires out of the box thinking without seeking to dilute the high standards of credit.

Minimum Qualification

• Must have Bachelor’s degree.
• Desirable: - Chartered Accountant/ Masters in Business Administration (MBA) or any other relevant finance degree, professional certification charter (CFA/FRM etc) or diploma.

Minimum Experience & Skill Set

• Minimum 10 years relevant experience in the banking sector with at least 4-5 years in Credit function.
• Expert knowledge of various credit products such as Lombard lending, Real Estate financing, FX and Derivatives.
• Expert knowledge of various Investment products such as bonds, sukuks, stocks, mutual funds, structured notes etc.
• Ability to look into and beyond Personal Net Worth Statements/financials and see business proposition.
• Strong structuring skills
• Good understanding of legal and regulatory framework.
• Ability to work under pressure
• Strong communication skills – written and spoken.