Urwah Admin

Arab Banking Corporation

Assist in portfolio management and creation of credit packages - comprehensive analysis of new credit requests, credit change requests, renewals and annual reviews.Monitor and manage allotted account portfolios and assist in minimizing financial risk.Assist in developing, converting new relationships and manage existing relationships with the RM / SRM.Analyze business objectives and ensure achievement of all product mix for all relationships.Prepare briefing memos/reports for senior management meetings in addition to various industry/ad hoc reports.Manage client communication and counseling for customers and prepare required documentation.Identifying potential business opportunities which fit ABC s credit &amp; risk appetite.Actively seeking referrals from existing customers for other Business Units within ABC Network.Planning account relationship plans to generate new business along with the RM / SRM.Update oneself on the bank s products, credit standards and trends and provide efficient customer services.Coordinate with the banks other departments (Operations, Treasury, Credit etc.) to ensure that the most effective performance/experience is delivered to the client.Responsibilities of the role:Reporting to the Unit Head, Local Corporates, the job holder will:Support the RM s / SRM s in covering the assigned sector;Partner with both WB Client Coverage and Products areasInteract/correspond with clients and various internal departmentsSupport WB coverage in all Credit related client tasks including portfolio management, budget monitoring &amp; management, portfolio monitoring, risk assessment and management, Credit &amp; risk reporting etc.Areas of Knowledge, Qualification and ExperienceMinimum of (3-5) years experience in a similar function, credit or audit with large regional or global financial institutionsSuitably educated, preferably with a bachelor s degree in commerce/finance.Good understanding of Wholesale banking products.Good knowledge and understanding of Credit, AML and Operations management.Fair working knowledge of Loan Documentation, Syndication Loan Structures, Commercial Contracts, Trade Finance, Credit Risk, KYC and Banking terminology including standard loan covenants.Good background in performing credit analysis of FIs and Non-FIsSolid computer skills with capability to use spreadsheets, graphic and presentation packages to review and create professional materials

Assistant Relationship Manager - Wholesale Banking

Principal Responsibilities, Accountabilities and Deliverables of Role:
1. Credit portfolio management 65% The Credit Risk supports Head of Credit Risk who supports the first line of defense across a number of geographies either as a principle or secondary point of contact. The GCA is to work across all types of transaction including sovereign, corporate and financial institutions. The GCA is to provide support in terms of interpretation of the Group Credit Policy its related Standards and Procedures. The GCA is available for consultation on Credit Application Forms (CAF) as to whether the CAF is adequate in terms of its explanation and mitigation of the risks associated with the transaction under discussion. On submission of the CAF the GCA ensures that it is in compliance with group policies and requirements. Comments on any deficiencies and indicates a level of support, be it positive, negative or conditional for the submission. On a sample basis (minimum of 10%) the GCA ensures that spreadsheets have been compiled correctly, covenants have been complied with and any additional conditionality delivered. The GCA is to ensure that any documentation outstanding on the OOO (Out of Order) report is covered in the CAF and reasons provided to mitigate any potential risk. The GCA is to monitor developments in the countries he/she covers. There is an expectation of travel to the countries on an annual basis with such visits informing the annual review of the bank s exposure in that country. The GCA is to monitor the completeness of the annual reviews from a country and ensure that they are delivered on a timely basis. From time to time the GCA will be required to assisst in delivery of reports on sectors within a country or assist in the compilation of a wider report across many jurisdictions. As part of the portfolio management process the GCA must identify any relationships or sectors that could result in elevated credit risk or non-repayment of the borrower s obligations. All such names must appear on the report Accounts Requiring Close Monitoring before being downgraded to a Risk Rating 8.
2. Risk related project management 15% Risk related projects can comprise a number of items from a single item; such as a report amendment adding to the efficiency or effectiveness of the department, to providing input on a multi-million dollar transformational project. In either instance the GCA is to provide assistance and support as part of the general day to day business. The GCA is be expected to record his contribution to projects for evaluation as part of the career management process.
3. Development 20% GCA must ensure that they are receiving appropriate training from either internal or external sources. The GCA must attend at least one course per annum from an external provider and take regular internal seminars or presentations from subject matter experts.
Job Context:
The job holder is expected: Recognise the need to balance risk-prudence with actual market-practices/pressures and support growth of a sustainable well managed risk portfolio. Understand risk strategy and appetite documents. Monitor and analyse bank s corporate credit portfolio and names. Demonstrate compliance with the bank s policies, standards and procedures. Awareness of regulatory requirements in DIFC, Bahrain and beyond.
Job Requirements:
Knowlegde: Good knowledge of basic credit product, risks and key aspects of legal documentation. Good knowledge of corporate and bank balance sheet analysis techniques
Education/Certifications: Degree with an element of finance or equivalent, Institute of Bankers associate or equivalent
Experience: Seasoned corporate credit professional (who understands financial as well as other key credit matters) with significant experience (10 years +) of UAE/ GCC corporates, market knowledge, UAE/GCC credit contacts along with good stakeholder management skills.
Personal Attributes: Work as team member, good communication and presentation skills, accountability, transparent and open

Credit Risk - DIFC

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Arab Banking Corporation

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Assistant Relationship Manager - Wholesale Banking

Credit Risk - DIFC