VP- Credit Management Emiratized Role

3 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

JOBPURPOSE

The purpose of this roleto (a) review & recommend for approval credit facilitiesfor the designated portfolio (b) support the Head of Credit ineffective portfolio management to ensure portfolio remains withinacceptable parameters as driven by business strategy and agreedTMRAC (c) maintain strong credit oversight over portfolio workingwith Offshore team and other stakeholders and (d) take ownership tomaintain good quality over allocated portfolio and for approvalsgranted with delegated authority whereapplicable.

KEYACCOUNTABILITIES:

GenericAccountability

  • Makesuitable and appropriate recommendation to Credit Committees on allproposals in compliance with Banks Risk Acceptance Criteria andGroup Credit Policy.
  • Guide and oversees the duediligence process working with Offshore team  forprospective deals in collaboration with Coverage and Product teamsto ensure that emerging risk factors are identified and addressedin the CreditProposal.   
  • Maintainstrong oversight and control over allocated credit portfolio in theprocess ensuring that effective portfolio monitoring and mechanismsare in place and processes are adhered to.
  • Toensure efficiency integrity reliability and speed in CreditGovernance and decision making.
  • To lead guideand collaborate either on own account or with Offshore team&/or Credit Managers and with Coverage Units and ProductTeams on structuring of credit facilities to ensure that all deals/ facilities  are structured in a sound and robustmanner.  
  • Act in the capacityof an Advisor & Consultant as a representative of Creditand be seen as a business enabler to provide workable solutions indriving key relationships andtransactions.
  •  Advises team on therisk factors associated with complex transactions and the clausesimperative in mitigating these.
  • Participate andengage in client relationships through client visits / conferencecalls as part of transaction initiation &/or ongoingrelationship monitoring. As a minimum it is expected that allclients in allocated portfolio are met once annually and for keyrelationships &/or problem account as frequently as may berequired.
  • Gather market intelligence and inputsto use them judiciously as part of credit decision makingprocess
  • To deal with Internal &External auditors reports and take appropriate steps to close allthe observations / issues raised in these reports.  MeetInternal and External auditors as and when required to discussportfolio relatedqueries.  
  • To coordinate withother departments of the bank (e.g. Risk Finance TB Operationsetc.) on various Credit and allied issues on behalf of GroupCredit. 
  • Ensure accuracy of data beingpresented to various stakeholders including seniormanagement
  • Recommend amendments to the Bankscredit policy procedures Risk Rating models credit memorandums riskcriteria etc based on lending experience and market expedienciesensuring it is aligned with overall Banks risk strategy &policy
  • Oversee / manage Junior SCOs/ CreditManagers (applicable forSCO)

Job SpecificAccountabilities

  • Tocoordinate with Coverage teams in advance to discuss deal pipelineof new / interim proposals due dates of annual reviews so as toobtain necessary information to facilitate a comprehensive reviewof the credit facilities.
  • Ensure the team thatthe turnaround time to process credit application is as per agreedSLAs with CIB. In this regard holds responsibility to coordinateand collaborate with Offshore team to prioritize work flow toensure SLAs & TATs are met
  • Oversee andensure on a regular basis that the portfolio remains healthy andall the terms & conditions approved are being compliedwith.   
  • Proactively work onsuitable mitigation strategies to resolve problem accountsincluding emerging problem loans  as identified by thevarious reports generated including but not limited to ongoingportfolio management reports and Early WarningIndicators. 
  • Continual emphasis onprocess improvement to create ongoing efficiencies and usetechnology to the hilt.
  • Lead initiate developand own industry/sector risk appetite working closely with productpartners coverage units Group Risk and otherstakeholders.   This includes an annual refreshor more frequent asrequired.

Qualifications:

MinimumQualification

  • Must haveBachelors degree.
  • Desirable: CharteredAccountant/ Masters in Business Administration (MBA) or any otherrelevant finance degree ordiploma.  
  • Emiratized role& should hold a Family book inUAE.

MinimumExperience

  • 1015 yearsrelevant experience in banking sector with at least 7 years insimilar position with  demonstrated career progression incredit related functions  (FOR CREDITMANAGER)
  • 15 20 years relevant experience in thebanking sector with at least 10 years in similar positionwith  demonstrated career progression in credit relatedfunctions  (FORSCO)

SkillsRequired

  • Well roundedproficiency & strong analytical skills focussed on creditassessment.
  • High levels of integrity in creditanalysis fact based and backed with sound rationale to support orotherwise.
  • Strong and sound knowledge ofbanking practices & products these include as a minimumIFRS BASEL Risk appetite to name a few.
  • Strongknowledge of regulatory framework business environment &overall financial markets
  • Demonstrated abilityto make decisions and hold ground in the midst of pressure need isto take a balanced view and adopt a holistic approach withoutcompromise to core credit principles. This also includes a solutiondriven approach and manage conflict resolution onown.
  • Well organized able to multi task andbalance competing demands.
  • Strong communicationskills verbal and written.  Demonstrated ability to holddialogue including at a strategic level and with senior managementwith peers clients and other internalteams.
  • Adapt FABValues
  • Ongoing emphasis on processtransformation to create efficiencies and smarter way of workingusingtechnology.

RemoteWork :

No

EmploymentType :

Fulltime

Key Skills
BusinessDevelopment,Eclipse,Economics,Accounting,Corporate RiskManagement,Brokerage
Experience: years
Vacancy: 1

  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    JOBPURPOSEThe purpose of this roleto (a) review & recommend for approval credit facilitiesfor the designated portfolio (b) support the Head of Credit ineffective portfolio management to ensure portfolio remains withinacceptable parameters as driven by business strategy and agreedTMRAC (c) maintain strong credit oversight over portfolio workingwith Offshore...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    JobPurposeDrive theEmiratization Strategy for FAB. Responsible for the efficient andeffective implementation and management of numerous aspects of theEmiratization strategy across the bank. Leads relationship on theEmiratization agenda across business areas with the help of theteam and promotes mutually beneficial partnerships with employeesand management....


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    JobPurpose Drive theEmiratization Strategy for FAB. Responsible for the efficient andeffective implementation and management of numerous aspects of theEmiratization strategy across the bank. Leads relationship on theEmiratization agenda across business areas with the help of theteam and promotes mutually beneficial partnerships with employeesand...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    AVP & Lead- Credit Management (Emiratized Role) Full-time Division: Group Credit Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent and...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    Company Description Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    Full-time Sub Division: Employee Value Proposition Division: Group Human Resources Company Description Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking...

  • VP- Credit Management

    3 weeks ago


    Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    Sub Division: Credit - Sovereign Public Sector & SWFDivision: Group CreditCompany DescriptionJoin the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    Company Description Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation.We are looking for top talent and your success is our success. Accelerate your growth as you help us...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Aventus Full time

    About the RoleWe are seeking a seasoned Credit Risk VP to lead our credit portfolio management efforts.As a key member of our team, you will oversee credit risk reviews, analyze financial data, and develop strategies to mitigate potential risks.Your expertise will enable you to identify and assess potential credit risks, ensuring the long-term sustainability...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    JOB PURPOSE:The purpose of the job is toprepare review and provide appropriate recommendation of creditfacilities for a portfolio of CIB Corporate clients. The role alsoentails compliance with all credit policies and guidelines. KEY ACCOUNTABILITIES:GenericAccountability / Job SpecificAccountabilitiesEnsuretimely preparation and submission of Credit...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    Job OverviewFAB seeks a skilled Strategic Emiratization Manager to drive the efficient implementation and management of its Emiratization strategy across the bank. The successful candidate will lead relationship on the Emiratization agenda, promoting mutually beneficial partnerships with employees and management.Key Responsibilities:Drive the Emiratization...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    Job PurposeThe purpose of this role is to lead the Emiratization strategy for First Abu Dhabi Bank (FAB), driving the efficient and effective implementation and management of various aspects of the strategy across the bank. This involves leading relationships on the Emiratization agenda across business areas with the support of a team, promoting mutually...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    Emiratized Role Payment Expert is responsible for supporting the unit in ensuring quality and timeliness of delivery in a cost-efficient and error-free manner, subject to high risk management and bank/regulator compliance standards.Key ResponsibilitiesEnsure efficient error-free processing of transactions with strict compliance to policies and within the...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Aventus Full time

    Key ResponsibilitiesLead credit risk reviews and analyses to ensure compliance with regulatory requirements.Develop and implement effective credit risk management strategies.Collaborate with cross-functional teams to ensure seamless integration of risk management practices.Maintain accurate records and reports on credit risk activities.The ideal candidate...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Bilfinger Middle East Full time

    Job Description We are now seeking an exceptional HR Emiratization Officer (Emirati) to join our award-winning team. Assist in driving the Emiratization Strategy of the bank through developing, managing and implementing various approaches and ensuring its alignment with the strategic agenda of Bilfinger and Local regulatory body mandates. Monitor...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    Job SummaryWe are seeking an experienced Emiratization Strategy Lead to join our team at FAB. The successful candidate will be responsible for driving the Emiratization strategy across the bank, promoting employee engagement and development.Key Accountabilities:Defines the long-term Emiratization Strategy and Agenda. Works closely with Group / Business...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

    Role ResponsibilitiesThis role is responsible for the following:Developing and implementing the Emiratization strategy across the bank.Leading relationships on the Emiratization agenda across business areas.Driving the recruitment program activities to meet FAB's goals and objectives.Celebrating successes and identifying areas for improvement.


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Gulf Bank PJSC Full time

    Specialist- Credit Control (Emiratized Role)Full-timeSub Division: Credit - AdministrationDivision: GCOOJoin the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking...

  • VP - Advisory

    3 weeks ago


    Abu Dhabi, Abu Dhabi, United Arab Emirates Client of High Street Resources Full time

    Bachelor of Business Administration (Management)Nationality: Any NationalityVacancy: 1 VacancyJob Summary:We are seeking an experienced and strategic VP - Advisory to drive our client's advisory initiatives. This role will be critical in guiding clients through complex financial landscapes, developing innovative advisory solutions, and contributing to the...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Client of Talentmate Full time

    The Credit Controller is responsible for managing and ensuring the timely payment of outstanding customer invoices.Key responsibilities include monitoring credit limits, analyzing credit risks, establishing credit terms and conditions, communicating with customers regarding overdue invoices, resolving payment issues, and maintaining accurate credit...