Banking Jobs In UAE - Emirates Islamic Careers - banki jobs
Emirates Islamic announces a bank job in UAE via its Linkedin page
Credit Manager
Job Purpose
- Managing Credit portfolio of allocated business segments/units/teams.
- Approving independently Corporate Credit Facility applications within delegated lending authority and approving Corporate Credit excesses.
- Over approved limits as per policy.
- Appraising/recommending credit proposal beyond DLA to Management Credit & Investment Committee or Board Credit & Investment Committee (BCIC/MCC).
- Ensure that financing proposals are in compliance with Bank’s credit policy and also in compliance with UAE Central Bank’s regulatory norms.
- Monitoring portfolio of assets and exercising close surveillance to ensure its healthy status; research and analyze both micro and macro perspectives in relation to credits to provide anticipatory warnings of risks, foresee danger signals and advise measures to prevent losses. Identify weak accounts within allocated portfolio and recommend for downgrading – with or without provisioning.
- Control, monitor and follow-up credits via review of irregular and past due accounts, pending documentation and overdue renewal accounts.
- Interacting with relationship managers and also with Internal/External Auditors, Central Bank Inspectors, Consultants on various credit and allied issues.
- Undertaking special projects and assignments in credit area.
Job Responsibilities
- Quality of Credit Recommendations & /or approvals; necessary escalations/discussions.
- Adherence to Policy/Processes/Guidelines.
- Undertake sector / portfolio reviews.
- Ensure proactive portfolio management through regular monitoring of a/cs especially PD/OLEM/EAR a/cs & reduce NPLs.
- Maintain Service Quality and adherence to TATs.
- Proactive Business Support/Quality of interaction with allocated BUs (to be 2 way).
- Understand Customer needs and undertake BU/customer visits as required.
- Accuracy & quality of comments on various reports; monitor exception repots & a/cs for timely inclusion on EAR as per control & Monitoring policy.
- Escalate covenant breaches & other audit remarks.
- Contribute towards achieving acceptable INA rating.
- Contribute towards policy/process revisions, industry reviews besides revised authorities & controls.
- Pro-activeness to provide suggestions for overall improvement in policy, procedures or processes.
- Initiative and involvement in special projects from time to time.
Qualifications
- Bachelor or Master’s Degree.
- CA/CFA/CPA- Desirable.
- Minimum 8+ years banking, (of which min 5 years in Corporate Credit) preferably within UAE.
- Knowledge of Corporate products including Trade Finance, Treasury, and Syndications/Club deals and Real estate and Project Finance.
- Analytical with attention to detail.
- Industry knowledge and numerical skills.