SVP & Head of Credit, Corporate Core - Dubai - Emiratized role
Generic Accountability Portfolio - Ensuring that all transaction is being monitored by analysts periodically for any issues Policies - Consistently maintain top-quality Credit Policies and Programs. Process - Ensure that all credit applications submitted by the team meet the required standards and adhere to the prescribed format. Maintain alignment of processes with the agreed turnaround time. - Proactive monitoring of credits for early problem recognition. - Ensures availability of required information to Credit Committee Members for credit decision making - Assist Risk department in various Central Bank reporting and Audit queries People - Collaborate with key stakeholders (Coverage, Product and Risk) to ensure functioning of various tasks is conducted in a smooth and efficient manner. - Job Specific Accountabilities General - Aware of the latest developments in the assigned portfolio with constant updating of developments across various industries. - Demonstrate strong knowledge of structuring transactions with deep dive analysis of the risks. - Undertake ad-hoc projects or duties as assigned by Head of Division - Ensure that any underwriting memo is appropriately drafted by business incorporating the key terms of the underwrite and liquidity analysis. Portfolio - Monitor all key credit portfolio parameters periodically and ensure that the deviation of portfolio to the credit policies are minimal. - Monitor underwriting portfolio and periodically convene the underwriting portfolio meeting with the key stakeholders. Process - Advises coverage teams on risk factors associated with complex transactions / high risk industries and clauses imperative mitigating these. - Oversee due diligence process for prospective transaction and ensure emerging risk factors are appropriately addressed in the term sheet and credit application. - Participate in client meetings and provide guidance on key risk factors, acceptable structure and appropriate due diligence People - Guides a team of analyst whereby the transaction is analyzed appropriately in line with the credit policies and credit proposals are prepared to meet the internal standards. - Plan, anticipate and identify future capacity and skill needs of the department and pursue their fulfilment. - Cross-train and develop staff to achieve efficient resource utilization and deployment. Also, identify and retain key talent in the department.