Senior Officer - Credit Risk

The Senior Officer, Credit Risk, is responsible for assessing, monitoring, and managing credit risk exposure across the entity's activities. This includes analysing credit risk associated with lending, investments, and counter parties while ensuring adherence to the company's risk management framework. The role involves providing recommendations to mitigate credit risks, enhance portfolio quality, and support the organization’s strategic objectives:

• Analyse and assess credit risk for lending operations, investment portfolios, and counterparties.
• Conduct due diligence on credit proposals and prepare detailed risk evaluation reports.
• Recommend appropriate credit risk mitigation strategies and limits based on thorough analysis.
• Monitor the creditworthiness of borrowers, issuers, and counter parties on an ongoing basis.
• Develop and maintain credit risk monitoring tools and systems to identify potential risks proactively.
• Prepare periodic reports on credit risk exposure, trends, and compliance with established limits for senior management and relevant committees
• Assist in developing and updating credit risk policies, guidelines, and procedures in line with best practices and regulatory requirements.
• Ensure that the credit risk framework aligns with the entity's strategic goals and risk appetite.
• Collaborate with internal departments, including investments, treasury, and legal, to address credit risk concerns and implement risk management strategies.
• Provide expert advice on credit risk matters during the development of new financial products or initiatives.
• Utilize quantitative and qualitative models to assess credit risk and stress-test the portfolio under various scenarios.

• Minimum of 7 years of experience in market risk management, preferably in a financial institution or international organization
• Bachelor’s degree in Finance, Economics, Business Administration, or a related field

Job Type: Full-time

Pay: AED20,000.00 - AED25,000.00 per month

Education:

• Bachelor's (Preferred)

Experience:

• Senior risk credit officer : 7 years (Preferred)
• python coding : 7 years (Preferred)
• generating policies : 7 years (Preferred)
• financial sector : 7 years (Preferred)
• banking sector : 7 years (Preferred)

Language:

• English (Preferred)
• Arabic (Preferred)