Summary
Bank ABC is seeking a Senior Credit Underwriter for its Head Office Credit Department in Bahrain. The role evaluates new corporate credit proposals, reviews existing borrowers and portfolios, and makes recommendations to credit committees while highlighting risks and mitigations. It also supports credit policy development, monitors country and sector developments, and may involve travel for portfolio reviews. Applicants need a bachelor’s degree and at least 10 years of experience, preferably with an international bank; postgraduate study or a professional qualification is an advantage.
The posting
As published on bank-abc.com. Pulled from the employer's site and shown as they wrote it.
Bank ABC seeks to recruit a Senior Credit Underwriter in the Head Office Credit Department based in our Head Office in Bahrain.
Responsibilities of the role:
Reporting to the Group Chief Credit Officer, the job holder will be responsible for:
- Supporting, promoting, monitoring, and controlling, on an independent and ongoing basis, the Bank’s pursuit of good quality loan and other risk assets within the Corporate Credit portfolio.
- Evaluating the credit risk of new business and the periodic risk review of existing clients and ensuring these are aligned with risk appetite, policies, and procedures. Responsible for making a clear and timely recommendation to the appropriate credit committee with key risks clearly highlighted along with mitigation available.
- Timely submission of credit proposals in line with prescribed timeframe for GCC submission Establish clear procedures for the underwriting process
- Ensuring that any documentation outstanding on the OOO (Out of Order) report is covered in the CAF and reasons provided to mitigate any potential risk.
- Monitoring developments in the countries he/she covers. There is an expectation of travel to the countries if the GHCCU required job holder to do so to undertake portfolio reviews.
- Ensuring adherence to Group’s Risk Appetite Statement, Group Credit Policy, Standards, and related procedures.
- Providing support in terms of interpretation of the Group Credit Policy its related Standards and Procedures.
- Conducting regular portfolio reviews of various corporate obligors, understand, review, interpret and adopt all Credit policies and procedures. Escalate key risk issues related to the credit portfolio constituents.
- From time to time the job holder will be required to deliver reports on sectors within a country or assist in the compilation of a wider report across many jurisdictions.
- Providing assistance and support as part of the general day to day business and on CRG’s transformational projects.
- Ensuring that they are receiving appropriate training from either internal or external sources. The CCU must attend at least one course per annum from an external provider and take regular internal seminars or presentations from subject matter experts.
Areas of Knowledge, Qualification and Experience
- Minimum of a Bachelors degree. A postgraduate MSc/MBA degree &/or professional qualification is a plus/preferred and an added advantage
- At least 10 years preferably with an international bank demonstrating some mobility
- Knowledge of accounting principles, financial statement analysis, banking products and services with strong credit analytical skills.
- Good knowledge of vanilla credit product risks and key aspects of legal documentation.
- Good knowledge of corporate and bank balance sheet analysis techniques
- Good understanding and familiarity of the Bank/Corporate and FI market, credit products.
- An understanding of the Bank’s lending policies, procedures, and practices.
- Should possess good analytical skills and awareness of various financial products / services.
- Should have good analytical skills to analyze Banking Industry and analyze individual bank’s capital, asset quality, profitability, and liquidity.
- Participate in the development of credit / risk management policies, standards, procedures, and processes