Summary
Commercial Bank of Dubai is seeking a Senior Financial Advisor in Dubai to manage potentially stressed or restructured corporate banking portfolios. The role includes analyzing cash flows, recommending restructuring solutions, monitoring clients, preparing credit proposals and reports, and maintaining client relationships. The successful candidate will also manage and develop a team of Relationship Officers and oversee credit reviews and portfolio monitoring. A degree in Economics, Finance, or Business Management is required, along with 15–20 years of corporate banking experience, including 8–10 years in the UAE.
The posting
As published on cbd.ae. Pulled from the employer's site and shown as they wrote it.
Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.
CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.
As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.
KEY ACCOUNTABILITIES:
- Management & handling of potentially stressed and/or restructured portfolio being assigned in order to retain their quality in line with defined business policies.
- Negotiate, structure & recommend practical re-structuring solution in conformity with the Bank’s underwriting standards and risk adjusted targets after thorough analysis of cash flows & necessary information required for preparation of a detailed credit proposal.
- Maintain & manage existing group accounts falling within the potentially stressed portfolio.
- Provide expertise for pro-active monitoring & management of watch-listed clients.
- Making regular visits to clients for business monitoring purposes. Such visits to be recorded by way of call reports which are to include all pertinent information in a timely manner.
- Targets to upgrade problematic relationships and develop into ongoing creditworthy business relationships.
- Targets to exit problematic relationship through an orderly repayment plan
- Establish effective & professional communication (both internal and external) to ensure turnaround time within designated parameters and higher client satisfaction levels.
- Ensure timely and accurate credit administrations through timely completion of annual reviews and regular monitoring of financials, covenants and other parameters within the review cycle.
- Manage a team of Relationship Officers, set, agree and measure annual targets, provide professional advice, guidance, training & motivation to enhance their potential & capabilities to hold higher responsibilities, and conduct their performance reviews.
- Comply with internal audit requirements in line with the policy guidelines, to ensure high standards of uniformity and consistency across the Bank
- Keep abreast of developments in the local business environment. Contribute to the planning process in order to develop corporate business strategies.
- Provide Management with reports & MIS on a regular basis.
- Develop a strong level of local contacts with the local business and financial institutions community.
EXPERIENCE & ACADEMIC QUALIFICATIONS:
- Minimum formal qualifications required as part of the job.
- Degree in Economics or Finance or Business Management
- 15 – 20 years of experience in Corporate banking with 8-10 years of exposure to Corporate Banking in the UAE. Ideally incumbent should have had exposure to one or more emerging markets.
- Commercial acumen and ability to prepare plans and strategies are essential.
- The ability to forge close relationships with external constituents as a senior representative of the bank.