Summary
Abu Dhabi Islamic Bank (ADIB) is hiring a Senior Credit Analyst in Dubai. The role reviews company credit applications and financing proposals, verifies financial documents, assesses risks and recommends suitable financing packages under bank policies and regulations. Duties also include independent business checks, site visits, and coordination with relationship managers and other business units. Applicants should have at least 7 years of experience in SME or commercial banking; English is required and Arabic is an advantage.
The posting
As published on adib.ae. Pulled from the employer's site and shown as they wrote it.
Role: Senior Credit Analyst
Location: Dubai
Role purpose:
The role includes review / analyzing customers Credit Applications, Availments and SFCAs.
Check documents and genuineness of financial statements, conduct financial and non-financial analysis for Credit Proposals in accordance with bank policies and recommend the financing package that meets customer requirements/ capabilities.
Key accountabilities of the role:
Responsibilities:
To review credit applications of companies with a and ensure that it is in-consistent with credit programs, TM RAC, bank policy, central bank law & regulations.
Contribute to achieving the department objectives, goals & policies.
Reviewing the credit proposals and recommending the proposals to the higher authorities.
Highlight risk factors & mitigation, in each credit application
Collaborate with the RM to make sure receiving complete set of documents required for review / analyses of the credit application.
Verify genuineness of customers’ financials. & Perform financials analysis.
Conducting Independent checks of the customer’s business operations, inventory levels, reputation and business model through conducting a site visit.
These checks are to be carried out by conducting interviews with the customers’ buyers and sellers, neighbors and field visits to business sites.
Adhere to KPls of application processing and required targets.
Prepare/ review TM & RAC factors & MRA input.
Maintain contact with all Business Units in the Bank to ensure high levels of Business units’ satisfaction
Conduct any other assignments assigned by the Line Manager
Results required:
90% of cases to be finalized within the agreed TAT
To process cases/transactions as allocated
Ensure no regulatory issue for cases reviewed
To attend and pass training courses as prescribed
Help in maintaining satisfactory internal and external audit ratings
Specialist skills / technical knowledge required for this role:
Good understanding of business, finance, economics, and current affairs
Analytical Thinking & Business Oriented approach
Strong interpersonal and communication skills, both verbal and written.
Initiative, analytical & risk evaluation / mitigation
English Language/ Arabic is plus.
Previous experience requirement:
Minimum 7 years’ experience in SME/ Commercial Business and Banking