Senior Credit Analyst

Job Description

<p><strong><u>Duties and Responsibilities:</u></strong></p><p><br></p><ul><li>He/she should ensure that all credit applications prepared by the analyst comply with the policies and procedures laid down in the Credit Manual/Policy, Risk Appetite Statement, Accounting Policies, and the Operations Manual/SOP, as also the terms and conditions of credit sanctions.</li><li>Evaluating clients’ credit data, Risk Rating, analysis of financial statements, industry analysis, Risk Acceptance Model etc. </li><li>Conduct spreading of company’s financial statements and industry analysis of corporate/commercial customers and analyze in a comprehensive write-up to assess the financial risks. Prepare credit proposals and short-term proposals.</li><li>Maintain accuracy in spreading &amp; quality analysis.</li><li>He / She should demonstrate originality of thinking; raising credit quires (identifying relevant risks and mitigants) and have the ability to carry out in-depth analysis and prepare quality credit proposals with complex structures including loan syndications, corporate finance &amp; Islamic Banking products with minimal supervision while maintaining quick TAT.</li><li>The job holder, upon conducting proper due diligence should filter/decline marginal credits submitted by the business origination teams and submit viable credit applications as per the Banks Risk Appetite which will include their justification &amp; recommendation for considering such credit.</li><li>To remain abreast of market / industry and overall economic trends and apply this knowledge to identify potential areas for increased business or to use this information to suggest reduction in certain business segments. Share this information with other members of the Analyst Pool which would be helpful for formulating account strategies and action plans.</li><li>The senior credit analyst entails providing periodic independent and comprehensive opinion on the everchanging microeconomic conditions and its impact on the Risk acceptance Model. Thereby recommend updates on the banks internal Risk Acceptance Model.</li><li>Follow up on documentation, submit the required documentation for approved clients to Credit Risk Management &amp; Advances Division and follow up on sanction limit.</li><li>Follow up on timely submission of reviews for renewal of facilities.</li><li>Raise questions for in-depth analysis of customer’s requirements.</li><li>Analyze account position and highlight strengths/weakness in account conduct.</li><li>Address issues related to quality financial analysis.</li><li>Request and follow up on regular credit check on clients with other banks.</li><li>Maintain proper and efficient filing system by daily update to the file. The files to be maintained and updated in order to allow easy reference.</li><li>Follow up with other support departments for problem solving &amp; liaising with Relationship Managers for decision-making.</li><li>Conduct periodic portfolio review for Senior Management and Board Credit Committee members.</li><li>Review, analyze and approve obligor risk rating in Moody’s Credit Lens.</li><li>Conduct periodic review on the approved list of auditors for the banks and liaison with credit manager, Audit Companies and RMs for decision making.</li><li>Mentoring the junior analysts and reviewing their work and coaching them to improve the overall quality of Credit Analysis.</li><li>Perform any other duties or responsibilities that are consistent with the role as assigned by management.</li><li> Assessing, analyzing and interpreting complicated group financial information and lending structures.</li><li>In-depth knowledge of banking products, trade finance and treasury products and operational aspects.</li><li>To remain up to date with Central Bank Guidelines and local laws and regulations, and develop keen awareness and insight of rules and regulations of countries outside the UAE to which a borrowing customer is exposed in terms of revenue generation or possible supplier disruptions as a potential impact of changes in international laws, rules, and regulations.</li><li> To maintain and develop strong networking with peers and colleagues in the banking community to enhance market knowledge and to establish an understanding of the developing trends in the lending community.</li><li> To develop strong negotiating skills and the ability to work under pressure within stringent timelines.</li><li>To develop and enhance communication skills in written and verbal communication platforms.</li><li>To remain abreast of market / industry and overall economic trends and apply this knowledge to identify potential areas for increased business or to use this information to suggest reduction in certain business segments. Share this information with Credit &amp; Risk and key business heads in WBG to facilitate the formulation of account strategies and action plans. </li><li>To highlight credit policy deviations to ensure that Credit Policy parameters are adhered to such that the portfolio remains within acceptable risk tolerance levels.</li></ul><p><br></p><p><br></p><p><strong><u>Education &amp; Qualifications:</u></strong></p><p>A university degree in any discipline, Economics/Finance or Accounts or similar qualification. An MBA is desirable. Being an associate member of the Institute of Bankers will be an advantage.</p><p><br></p><p><br></p><p><strong><u>Experience:</u></strong></p><p>Over 5 years of Banking experience; specifically in preparation of Credit Applications for Corporate Banking.</p><p><br></p><p><br></p><p><strong><u>Job-Specific Knowledge &amp; Skills: </u></strong></p><ul><li>Deep and thorough knowledge of credit analysis. </li><li>Practical working knowledge of Banking practices, and Central Bank Regulations &amp; Guidelines.</li><li>Well-developed style and command of oral and written communication in English.</li><li>Advanced PC skills – MS Word, MS Excel, PowerPoint, email, and internet.</li><li>High proficiency in business writing.</li><li>Attention to detail.</li></ul><p></p>