Senior Credit Manager
Job Description
Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.
CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.
As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people – your colleagues and our customers – and delivering service that really goes the extra mile.
JOB PURPOSE
Job holders at this level are directly responsible for conducting assessments of completed credit proposals primarily related to Government Related Entities (GREs). Such applications are usually complex, of a significant value with multiple entities involved in various lines of trade. Analysis is conducted through the application of well-developed investigative and analytical skills and processes. Their findings will form the basis of ultimate decision making.
Quite often the job holder will be expected to function under extreme pressure arising from short turnaround times, significant value of the exposures proposed, complex nature of the proposals, business
Principal Accountabilities
• Receives credit proposals for GREs and examines them to ensure completeness of supporting information/ documents and compliance with Bank’s requirements.
• Undertakes detailed analysis of proposals by strictly adhering to:
• Basic principles of lending
• Bank’s procedures & Policies
• UAE Central Bank Rules
• Regulations wherever applicable to assess quality and proper asset selection.
• Conducts proper due diligence as to identification of gaps, if any in terms of disclosures/ information in proposals
• Prepare clear well-structured credit summary for presentation to CC and BEC. CC and BEC decision are based on this credit summary.
• Addresses further queries/ requirements if any required raised CC or BEC members
• Exercise the delegated approval authorities within the matrix approved by the CC, enabling the incumbents to have approval powers for a certain level of transactions within the managed portfolio of clients.
• Support Unit Head and Head of Wholesale Credit on various Ad-hoc projects relating to improve in credit processes
• Actively participate in Triple C and portfolio monitoring exercise.
• Responsible for quality of allocated portfolio. Time escalate any critical issues to senior stakeholders.
