Job Description

We are hiring for Senior Manager –Creditfor a reputed Bank in UAE.

Position: Senior Manager –Credit

Locations: Dubai

Responsibilities:

·In-depth analysis of credit proposals based on financial and non-financial parameters.

· Ensure upgrading and downgrading exercise is conducted on anon-going basis in order to have a realistic measure of overall portfolio mix at any given point in time.

·Raise queries with Business Units regarding the CAs and follow up with them for speedy response in order to ensure that the proposals are processed in an expeditious manner within the stipulated time-frame as per the Bank’s standard service level agreement guidelines / benchmark parameters.

· Provide appropriate guidelines to the Relationship Managers and other staff members to ensure that the proposals are structured / tailored in line with the Bank’s prevailing credit policy and credit risk appetite and is also in compliance with the guidelines of the UAE Central Bank.

· Where credit approval decisions are in excess of delegated financial powers, credit proposal is escalated to the appropriate higher credit authority as required, with recommendation for supporting / not recommending the proposal. Same process is applicable to daily TT/e-mail transactions initiated by the Business Units covering cash payments, clearing transactions and trade finance transactions.

·Within discretionary powers, wherever applicable, approve credits + transactions on merit and with responsibility. Each credit decision (both approval and declines) to carry a formal noting along with justification / reasons / basis. Process Extracts of the CCC meetings covering proposals that have been cleared by the CCC, requiring approval of the Executive Committee and / or the Board of Directors for proposals that have been cleared by the Central Credit Committee. Discretionary authority for approvals within own discretion jointly with SMC up to AED 15m.

Education

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

Professional qualifications

Certified Associate of the Chartered Institute of Bankers, London or equivalent.

Work Experience

At least 6 to 9 years of all-round Banking experience including exposure to Credit, Operations and Trade Finance areas.

Core experience of at least 3 to 6 years in Credit Dept. is essential out of which preferably at least 2 years in one of the leading UAE / GCC based Banks. Exposure to marketing area will be an added advantage.

Candidates meeting this criteria, may share their resume on with the subject line “Senior Manager –Credit”.

Job Type: Full-time