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Senior Manager, Credit Underwriting

National Bank of Fujairah (NBF)
Dubai, UAE
Fulltime
Mid-Senior
1 months ago
LeadershipStrategic PlanningBudgetingTeam ManagementPerformance ManagementProject Management
Free

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Job Purpose

The role is responsible for preparing credit applications and structuring facilities for corporate customers.

These customers could be across multiple industries.

Pre and Post approval activities of managing credit risk include financial analysis, account monitoring, highlighting Early warning signals and ensuring good credit discipline.

Specific responsibilities for portfolio of Commercial and Corporate banking clients, ensuring optimal quality of assigned portfolio and taking timely credit decisions where appropriate.

Application of best practices in monitoring & control, ensuring proactive management & decisions.

Work closely with Business, service delivery/support and Product teams on transactions and credit risk management activities.

Duties And Responsibilities

  • Highest standard credit quality in submissions including good structure and financial analysis. Meet customers to validate relevant information. Appropriate recommendations to be detailed in credit applications.
  • Professional advice on credit risk management matters, industry/product specialism and providing innovative risk solutions
  • Exercise judgment in the evaluation and recommendation of Credit proposals
  • Provide input in business and credit policy/process development
  • Jointly responsible with Business Unit for monitoring and control of the respective portfolio and ensure 100% compliance to policies
  • Advise on risk reward and challenge pricing where appropriate
  • Be the joint contact for credit management purposes for accountants, auditors, regulators, solicitors and other professionals
  • Daily review of the regular monitoring reports that are required from time to time.
  • Maintain a close watch on customers where the limit renewal is late in being submitted and for customers where limits have been agreed but are pending activation. Covenant adherence based on semi-annual / annual accounts forwarded by unit to be monitored in conjunction with Business Unit.
  • Ensure that post sanctioning monitoring is appropriate to monitor credit risk.

Experience

At least 5 to 7 years of all-round Banking experience including exposure to Credit, Operations and Trade Finance areas.

Core experience of at least 3-5yrs in Credit Dept and report writing with any Relationship Management as additional experience.

Prior experience of writing credit proposals and seeking credit approvals is a must.

Qualifications

Graduate Degree in Commerce or BBA with major in Finance or Banking

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