Summary
First Abu Dhabi Bank is hiring a Senior Vice President and Head of Credit for its Corporate Core portfolio in Dubai. The role leads credit portfolio monitoring, underwriting oversight, transaction risk assessment, and alignment with credit policies and processes. Responsibilities include advising coverage teams, overseeing due diligence, supporting Credit Committee decisions, and developing the analyst team. Applicants need a bachelor’s degree and an MBA in Finance, plus 15 years of relevant banking experience, including at least 5 years in similar credit management roles. This is an Emiratized role.
The posting
As published on bankfab.com. Pulled from the employer's site and shown as they wrote it.
Generic Accountability
Portfolio
Ensuring that all transaction is being monitored by analysts periodically for any issues
Policies
Consistently maintain top-quality Credit Policies and Programs.
Process
Ensure that all credit applications submitted by the team meet the required standards and adhere to the prescribed format. Maintain alignment of processes with the agreed turnaround time.
Proactive monitoring of credits for early problem recognition.
Ensures availability of required information to Credit Committee Members for credit decision making
Assist Risk department in various Central Bank reporting and Audit queries
People
Collaborate with key stakeholders (Coverage, Product and Risk) to ensure functioning of various tasks is conducted in a smooth and efficient manner.
Job Specific Accountabilities
General
Aware of the latest developments in the assigned portfolio with constant updating of developments across various industries.
Demonstrate strong knowledge of structuring transactions with deep dive analysis of the risks.
Undertake ad-hoc projects or duties as assigned by Head of Division
Ensure that any underwriting memo is appropriately drafted by business incorporating the key terms of the underwrite and liquidity analysis.
Portfolio
Monitor all key credit portfolio parameters periodically and ensure that the deviation of portfolio to the credit policies are minimal.
Monitor underwriting portfolio and periodically convene the underwriting portfolio meeting with the key stakeholders.
Process
Advises coverage teams on risk factors associated with complex transactions / high risk industries and clauses imperative mitigating these.
Oversee due diligence process for prospective transaction and ensure emerging risk factors are appropriately addressed in the term sheet and credit application.
Participate in client meetings and provide guidance on key risk factors, acceptable structure and appropriate due diligence
People
Guides a team of analyst whereby the transaction is analyzed appropriately in line with the credit policies and credit proposals are prepared to meet the internal standards.
Plan, anticipate and identify future capacity and skill needs of the department and pursue their fulfilment.
- Cross-train and develop staff to achieve efficient resource utilization and deployment. Also, identify and retain key talent in the department.
Qualifications
Minimum Qualification
Bachelor’s degree along with MBA in Finance
Minimum Experience
15 years’ relevant experience in the banking sector with at least 5 years in similar positions of progressively increasing managerial responsibilities in the credit.