Chief Risk Officer
1 week ago
**Who we are**
[Stealth] is a new Fintech player specializing in Debt-as-a-Service ("DaaS"), targeting partners who serve the SME banking and lending segment within the UAE. We tackle the difficulty most local SMEs face when seeking credit by removing the barriers that traditional banks in the UAE enforce. We want to make accessing credit simple, digital, and beneficial for those who need it most, local SMEs. [Stealth] is backed by a newly launched investment fund from the region, ensuring an unfair advantage from day one.
**Responsibilities**
- Build and develop a new rating methodology from scratch, focusing on SME lending in the UAE
- Analyze SME counter parties, identify and quantify risk drivers that would affect a loan portfolio
- Assume primary role and responsibility for loan transactions, from loan origination to final close
- Begin to build a top-tier credit modeling and risk team within the Fintech lending space
- Produce detailed financial reporting for investors and management, as to influence strategy
- Contribute to monthly board meetings with the executive team and external investors
- Implement new and effective, world-class financial modeling, procedures, controls, and systems
- Report to, and interact with local financial regulators on a regular basis
- Build and support the Compliance and MLRO team with their legal reporting requirements
- Be the key business partner for operational teams, as to develop key KPIs and growth metrics
**Requirements and qualifications**
- Experienced finance professional with relevant qualifications, e.g. CFA, CRC, CAIA, etc.
- 7 to 10 years' experience of working within the financial services, specifically credit risk
- Have 3 to 5 years of within the Retail or SME lending credit risk segments
- Additionally, have 3 to 5 years of experience of lending to Retail or SME clients in the UAE
- Have a minimum of 2 years' experience managing a growing team, as a CRO or Head of Credit
- Be comfortable and have experience dealing, and working with local financial regulators
- Experience in a high-pressure environment, e.g. a startup, consulting, investment banking, etc.
- Track record in delivering ambitious growth plans and managing external finance providers
- You are currently based within the UAE (Abu Dhabi or Dubai), or are willing to relocate for the role
- Written and oral fluency in English, and the ability to communicate effectively to stakeholders
**Nice to haves**
- Written and verbal fluency in Arabic
- An extensive local network (UAE), both within the startup ecosystem and financial services
**Why you shouldn't apply**
If you feel that your experience and qualifications don't somewhat match the above, or you are unable to commit to an entrepreneurial journey within the next month, this may not be the position for you.
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