Summary
Mashreq is seeking a Vice President, Credit Management, for its UAE operations; the posting does not specify a city. The role is responsible for maintaining portfolio quality, evaluating borrowers and recommending credit facilities, reviewing credit policies, and supporting branch teams in structuring credit lines. The position requires a university degree and 10–15 years of lending experience, including 4–6 years at managerial level; an MBA or equivalent is preferred. Applicants must be UAE nationals.
The posting
As published on mashreq.com. Pulled from the employer's site and shown as they wrote it.
Job Purpose
- Ensure and maintain a sound loan portfolio hence, minimizing loan losses and maximizing return on assets and shareholder’s equity.
- Recommend sound credit facilities after thorough evaluation of the credit worthiness and debt payment capacity of borrowers.
- Developing and spreading a credit culture within branch, through training, counselling and advising. Recommend action plans for overcoming observed weaknesses.
- Review credit policies and procedures on a periodical basis and recommend and implement changes where appropriate.
- Assist Branch Managers / Team Leaders to structure credit lines which meet the client’s business needs within acceptable risk criteria.
Key Result Areas
- Quality of loan portfolio, as measured by % of classified outstandings and hence, loan loss provisions, which has direct impact on Branch profitability.
- Volume of assigned portfolio.
- Minimize migration across risk grades.
- Early detection of warning signals to ensure timely corrective action.
- Maintain targeted turn around time.
- Volume of credit proposals processed.
- Minimize % of proposals returned / rejected by HO, which is a direct reflection of the quality of the proposals.
- Accompany Relationship Managers / Team Leaders on calls where necessary, to maintain an awareness of market and business conditions.
Knowledge, Skills and Experience
- University Graduate. MBA or equivalent is preferred.
- Minimum 10 – 15 years lending experience, of which 4 – 6 years at managerial level.
- High degree of lending skills (credit, analytical, judgement) across various industries / lines of business (Trade, Contracting, Industry).
- Excellent written / verbal communication skills.