Summary
First Abu Dhabi Bank is seeking an AVP & Lead, Credit Management to manage mortgage underwriting and credit initiation activities. The role includes reviewing high-ticket self-employed and rental-backed proposals, preparing credit memos, managing team performance, and maintaining underwriting quality and policy compliance. The successful candidate will support operational efficiency, reporting, and automation while coordinating with internal stakeholders. A bachelor’s degree in a relevant discipline is preferred, along with at least 6 years of relevant banking experience, including 3 years in a similar role.
The posting
As published on bankfab.com. Pulled from the employer's site and shown as they wrote it.
Job Purpose:
To enable the assessment and credit decisions relating to credit facilities and mortgage loans within agreed SLA.
Job Responsibilities:
- Analyze high-ticket self employed and rental backed proposals.
- Manage underwriting team performance.
- Maintain underwriting standards and prudent DOA usage.
- Minimize credit risk through effective risk review.
- Support underwriting flow through guidance to team members.
- Ensure prompt CAS approvals within DOA.
- Ensure SLA TAT compliance.
- Review and resolve quality checks.
- Participate in automation and efficiency initiatives.
- Timely execution of tasks assigned by Line Manager.
Key Accountabilities:
Core Responsibilities
- Ensure underwriting quality and portfolios remain within the bank’s risk appetite.
- Prepare and present credit memos for escalation of high ticket self employed and rental backed mortgage cases, ensuring clear documentation of risks, deviations, mitigants, and recommendation.”
- Improve TAT and operational efficiencies.
- Create effective workflows for processing and tracking files.
- Ensure compliance with policies and documentation requirements.
- Maintain minimal error rates and audit observations.
- Ensure verification and processes follow policy guidelines and SOPs.
- Ensure all KYC and documentation comply with C2P2 prior to approval.
- Monitor and report policy exceptions and loan booking trends.
- Interpret policies and ensure proper credit analysis to improve asset quality.
- Supervise and maintain tracking systems for periodic reports.
- Support automation initiatives and system changes.
- Lead the Credit Secured Products department to achieve assigned objectives through performance management, staff development, and motivation.
People Management
- Define goals and KPIs; ensure implementation of FAB performance management process.
- Implement Manager Scorecard responsibilities (engagement, performance, mandatory learning).
- Act as role model and drive adherence to organizational values and ethics
Policies, Systems, Processes & Procedures:
- Ensure effective implementation of Credit & Collections Personal Banking policies, procedures, and controls, meeting procedural and legislative requirements
- within agreed TAT while delivering quality customer experience.
- Credit Initiation Management
- Manages Credit Initiation team for Mortgage Underwriting to support the bank’s risk tolerance and asset growth objectives
- Ensures exception approvals beyond policy or scoring cut-offs are taken at the appropriate authority level with clear justifications
- Enhances use of technology to improve efficiency and effectiveness
Business Support
- Establishes strong working relationships with key stakeholders including collections, remedial management, product, and segment teams
Reporting
- Ensure all department reports are prepared timely, accurately, and in line with Group requirements and quality standards
Qualifications & Experience:
- Bachelor’s degree, in Business, Finance, Accounting, Economics, Commerce or related discipline (preferred).
- Minimum 6 years relevant banking experience including at least 3 years in a similar role.
- Experience in team and process management.