Credit Risk Analyst

Location:** Dubai, UAE

1. Credit Assessment & Analysis

• Review and analyze credit proposals submitted by business units.
• Evaluate financial statements, cash flows, repayment capacity, industry risk, and collateral adequacy.
• Conduct due diligence and assess creditworthiness of individuals and corporate clients.
• Prepare detailed credit assessment reports with recommendations.

2. Risk Rating & Approval Process

• Assign preliminary risk ratings using internal credit scoring models.
• Ensure all proposals comply with the banks credit policies, underwriting standards, and regulatory requirements.
• Support senior risk officers in preparing cases for Credit Committees.

3. Portfolio Monitoring & Reporting

• Monitor portfolio performance, including asset quality, delinquencies, and concentration risks.
• Identify early warning signs and recommend appropriate risk mitigation actions.
• Prepare monthly/quarterly credit risk reports, dashboards, and Key Risk Indicators (KRIs).

4. Regulatory Compliance

• Ensure adherence to UAE Central Bank credit risk regulations and reporting standards.
• Support data collection for ICAAP, IFRS9, ECL calculations, and stress testing exercises.
• Stay updated with regulatory changes impacting credit risk.

5. Credit Policies & Framework Support

• Assist in reviewing and updating credit policies, procedures, and credit risk frameworks.
• Participate in the development and refinement of credit risk models and rating tools.

6. Coordination & Stakeholder Support

• Work closely with Relationship Managers, business units, and risk teams to ensure high-quality credit applications.
• Provide guidance to business teams regarding credit requirements and documentation.

Education & Experience

• Bachelors degree in Finance, Accounting, Economics, Business, or related field.
• 15 years of experience in Credit Risk or Corporate Credit Analysis (banking experience preferred).
• Fresh graduates with strong academic background may also be considered.

Technical Skills

• Strong financial analysis and credit assessment skills.
• Solid understanding of financial statements, ratios, and cash flow analysis.
• Proficiency in MS Excel and PowerPoint; experience with risk systems is an advantage.
• Knowledge of IFRS9, risk rating models, and credit regulatory requirements is preferred.

Behavioral Competencies

• High attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Effective communication and report-writing abilities.
• Ability to work under pressure and manage multiple assignments.
• Professional, ethical, and proactive.

Key Deliverables

• Accurate and timely credit reviews.
• Well-structured credit assessment reports.
• Regular monitoring and reporting of credit portfolio performance.
• Compliance with internal policies and regulatory guidelines.