Analyst- Credit Analysis

Position: Analyst- Credit Analysis

Group: Private Banking & Wealth Management

Primary Job Purpose

The Analyst is responsible for investigating and analysing credit data and financial statements to determine degree of risk pertaining to the extension of credit.

Job Roles & Responsibilities:

Operations, Review and Reporting

Understanding

• Maintain updated knowledge of rules, regulations and standards in the concerned field and related matters of interest to the department

Fieldwork

• Compile data from credit history and financial statements
• Analyse Balance Sheets, Profit & Loss Statements, and other financial data such as income growth, quality of management, market share
• Confer with Credit representatives to exchange credit information
• Evaluates data and recommends payment plan to the credit representatives
• Perform spreading and credit analysis within a maximum period of 2 working days
• Assist the Private Banking unit in preparation of DRs and Credit Proposals
• Assist Relationship Managers during their meetings with clients, when and as required
• Evaluate, recommend and implement approved changes in methods, processes, and procedures to improve customer service and sustain business objectives

Review and Monitoring

• Monitor credit developments and recommend corrective actions
• Ensure compliance with banking rules and regulations and promote risk awareness

Reporting

• Generate and escalate periodic and ad hoc reports while ensuring accuracy and timeliness

Stakeholder Management

Internal Interactions

• Participate in the various cross-functional committees/teams for multiple purposes to achieve optimal cooperation and to assume seamless quality service

Job Specifications

E ducational Qualification(s)

• Bachelor’s degree or equivalent in a related field

Experience

• Minimum 2 years of experience.

Certification(s)

• Certificate in Credit Management (CCM) or equivalent

Language(s) known

• English (Proficient)
• Arabic (Proficient)