Credit Portfolio Manager
5 days ago
The First Abu Dhabi Bank is seeking a skilled and experienced Credit Portfolio Manager to join its team.
About the Role:
- As a Credit Portfolio Manager, you will be responsible for reviewing and recommending credit facilities for designated portfolios, working closely with the Head of Credit to ensure effective portfolio management.
- You will maintain strong credit oversight over the portfolio, collaborating with the Offshore team and other stakeholders to identify emerging risk factors and address them in credit proposals.
- In this role, you will also take ownership of maintaining good quality over allocated portfolios and approvals granted with delegated authority where applicable.
Key Accountabilities:
- Making suitable recommendations to Credit Committees on all proposals in compliance with Banks Risk Acceptance Criteria and Group Credit Policy.
- Guiding and overseeing the due diligence process working with Offshore teams for prospective deals, collaborating with Coverage and Product teams to ensure that emerging risk factors are identified and addressed in the Credit Proposal.
- Maintaining strong oversight and control over the allocated credit portfolio, ensuring that effective portfolio monitoring and mechanisms are in place and processes are adhered to.
- Ensuring efficiency, integrity, reliability, and speed in Credit Governance and decision-making.
- Leading, guiding, and collaborating either on own account or with Offshore teams &/or Credit Managers and with Coverage Units and Product Teams on structuring of credit facilities to ensure that all deals/facilities are structured in a sound and robust manner.
- Acting as an Advisor & Consultant as a representative of Credit and being seen as a business enabler to provide workable solutions in driving key relationships and transactions.
- Advising the team on the risk factors associated with complex transactions and the clauses imperative in mitigating these.
- Participating and engaging in client relationships through client visits/conference calls as part of transaction initiation &/or ongoing relationship monitoring. It is expected that all clients in the allocated portfolio are met once annually and for key relationships &/or problem accounts as frequently as may be required.
- Gathering market intelligence and inputs to use them judiciously as part of the credit decision-making process.
- Dealing with Internal & External auditors' reports and taking appropriate steps to close all observations/issues raised in these reports. Meeting Internal and External auditors as and when required to discuss portfolio-related queries.
- Coordinating with other departments of the bank (e.g. Risk, Finance, TB Operations, etc.) on various Credit and allied issues on behalf of Group Credit.
- Ensuring accuracy of data being presented to various stakeholders including senior management.
- Recommending amendments to the Banks credit policy, procedures, Risk Rating models, credit memorandums, risk criteria, etc., based on lending experience and market expediencies ensuring alignment with overall Banks risk strategy & policy.
- Overseeing/managing Junior SCOs/Credit Managers (applicable for SCO).
Job Requirements:
- Candidate must have 10-15 years relevant experience in the banking sector with at least 7 years in a similar position with demonstrated career progression in credit related functions (FOR CREDIT MANAGER).
- Desirable: Chartered Accountant/Master's in Business Administration (MBA) or any other relevant finance degree or diploma.
- Emiratized role & should hold a Family book in UAE.
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