Senior Manager, Commercial Banking Credit - Wholesale Banking Credit

Job Purpose :

• This role ensures optimal quality and risk rating of the Commercial Credit portfolio within Wholesale Banking through timely and effective risk assessment & decision-making in line with the policy framework.
• Assess, recommend and/or approve where applicable Credit proposals in line with the credit policy of the Bank and to ensure the effective evaluation and management of counterparty risks on an ongoing basis.
• Primarily responsible for maintaining credit quality of assigned portfolio, implement timely measures to minimize NPL and cost of risk.
• To coordinate and prepare the presentation pack of various committees such as the CC, BCC, CPC and any other, as may be required.

Principal Accountabilities :

Credit Assessment

• Evaluate and approve Commercial credit proposals by analyzing customer financials, bank statements, business viability, aligning decisions with laid-down policies, procedures and risk appetite.
• Approve/Recommend breaches to the approval terms to the extent permitted by delegated authority.
• Regular visits to the clients to get first-hand independent view of the business and associated risks and undertake site visit as required.
• Ensure that Credit Risk Assessment Summary meets set credit standards, particularly with regards to the completeness and in-depth credit risk analysis.

Portfolio Monitoring

• Regularly review Commercial borrower portfolios to identify potential risks, recommending early alert accounts and curing strategies.
• Providing support on problem accounts and preparing reports for senior management or relevant committees.
• Provide timely and appropriate response to material events impacting Credit or other risk that come to the attention.

Credit Policy Management

• Develop, update, and enforce Commercial lending and Wholesale banking credit policies, templates, processes ensuring adherence to industry, legal, and regulatory standards
• Actively look for and propose way to improve existing processes, leading to greater efficiency and productivity.
• Internal Collaboration: Engage with diverse internal departments, especially with Relationship CAD, Risk, Legal, and audit team to ensure that Credit Department work is aligned with bank-wide objective.
• Team Support: Coach and support team members, facilitating skills development and aligning performance to business objectives.

Job Requirements (Qualification/Experience):

• Bachelor Degree in Commerce / Finance / Accountancy Or Bank’s Qualification. Desirable – MBA, CA and CFA.
• Minimum 10 - 12 years of experience in corporate credit, credit analysis/approval
• Strong analytical skills and ability to independently manage the assigned portfolio as well as run with new deals/transactions with minimal supervision.
• Good knowledge of banking products and lending practices in local market, ability to structure the deals, understanding of risk appetite and portfolio management skills.
• Sound understanding of local UAE market and industry specific dynamics.
• Excellent interpersonal skills to manage various stakeholders.
• Sound understanding of Risk management principles.
• Planning and organizing skills along with ability to solve the problem and resolves the disagreements