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Senior Relationship Officer, Manufacturing
1 month ago
Job Purpose
- Responsible for preparing and assessing credit proposals to achieve a high quality of WB credit portfolio.
- Responsible for maintaining quality of assigned credit proposals that reflect the best practice to regulate the risk assets of the WBG.
- Raising technical authorization requests for temporary excess limits and extension of facilities validity dates etc. so as to obtain timely authorization for credit facilities from appropriate authorities.
- Closely monitor the assigned credit portfolio to avoid any irregularity and to maintain good health of credit risk assets and keep the seniors informed about developments.
- Coordinate with other departments to render effective services to corporate customers.
Principal Accountabilities
- Actively contribute for development of business through the Relationship Manager by marketing new customers and also through the existing customers.
- Underwrite credit appraisal including financial, business and risk analysis and ensuring that Credit Approval Package is submitted as per credit policies, TMRAC and CBUAE guidelines.
- Assess and structure credit lines in consultation with RMs that meet credit criteria and client business needs.
- Ensure timely submission of credit proposals as per agreed SLA/TAT.
- Technical authorizations for any excess over limit, extension of expiring lines etc for the assigned portfolio, so as to obtain timely authorization from the concerned departments.
- Maintain good quality portfolio by effective monitoring of past dues and credit quality.
- Ensure asset classification is in line with regulatory and policy guidelines.
- Monitoring of covenants & Early warning signals and highlighting such obligor movement to Early Alerts.
- Manage problem loans closely and recommending appropriate strategy and remedial action plan in consultation with RMs.
- Coordinate with corporate support team in operational & back office work for timely preparation of securities documentation and periodic reports for submission to H.O. and management of credit files.
- Participate and assist in all credit-related aspects of internal/external audits including Central Bank inspection.
- MIS & risk reporting on Early alert accounts/problem loan to credit department.
Qualifications & Experience
- Bachelor's degree Preferably in Commerce & Finance.
- 3+ years of Credit Risk management and corporate lending.
- Problem solving and dispute settling.
- Good understanding of protocols and procedures to be compliant with UAE regulations and requirements.
- Good credit assessment, structuring and documentation skills.
- Ability to develop and update credit risk management policy, procedures, documentation.
Seniority level: Associate
Employment type: Full-time
Job function: Other
Industries: Banking
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