Specialist, Credit Management

Job summary / introduction

Conduct detailed credit assessment and approval of credit applications seeking financing for business or investments and secured against residential and/or commercial real estate. The key purpose is to determine whether the borrower is eligible for financing and the requested credit facility is in line with the bank's risk appetite and Target Market Risk Acceptance Criteria (TM-RAC). Analysis of audited financial statements is the key skill required.

Key responsibilities

Review, analyse and recommend loan proposals keeping in mind the approved credit policies, procedures and market dynamics to produce high quality credit assessment memos for underwriting purposes. Manage the allocated portfolio of clients in terms of timely annual reviews, monitoring delinquencies, early warnings, adherence to covenants, documentary deferrals etc. Actively engage with the respective business counterparts on a regular basis to address any credit related issues for the allocated portfolio.

Given the high net worth and sensitive nature of the clientele, actively engage with the senior business counterparts (area managers/executive directors etc.) to ensure that the proposed facility is adequately structured to meet the clients' expectations within the bank's underwriting standards. Accompany the business counterparts to client meetings to develop a better understanding of the client and the proposed credit facility.

Adhere to and comply with departmental policies, standard operating procedures and practices so that the work is carried out in a smooth and methodical manner. Exhibit consistency with the organization's values and ethics at all times to demonstrate a value-driven culture within the bank. Contribute towards continuous improvement and sustainability of policies, systems, processes and methods in line with changing needs and requirements so as to efficiently carry out the duties.

Have in-depth understanding of regulatory and internal bank policies. Exhibit good communication and writing skills when preparing and submitting credit proposals to approving authorities within the bank. Analyse client's audited financial statements, bank statements, rental roll reports, collateral details etc. Look into client's credit history, credit reports, system checks to meet bank's lending standards.

Perform in-depth analysis of borrower's financial ratios like profitability, solvency, cash flow, debt service coverage ratios etc. to ensure error-free underwriting and confirm that the borrower has sufficient repayment capacity to repay the proposed loan facilities. Review and analyse restructuring requests from existing loan customers and recommend in line with the bank's policy and TM-RAC.

Work out the credit risk rating and check RAROC of the customer as per the bank's portals. Ensure completeness and accuracy of documentation submitted with the credit request to avoid fraud and/or delinquency in the future. Review the excess rental release request of clients after reviewing the rental register and rental collection account.

Work in coordination with other stakeholders such as credit administration, collections, operations etc., and take up with business in case of non-compliance of terms and conditions. Review and approve deferral or waiver requests given by existing customers and recommend the same keeping in mind the credit risk involved. Process loan applications and service requests efficiently and within the agreed SLAs.

Ensure completion and maintenance of the required departmental MIS on an ongoing basis. Ensure that all approved loans and proposal-related documents are complete and stored in the common folder/system to safeguard against any missing or misplaced documents. Be able to work under pressure without compromising on credit underwriting quality.

Perform any additional job-related tasks or projects as and when assigned by the line manager. Operate within the framework of Group Credit - Business Banking and the applicable policies. Decision-making authority (if applicable) would be stipulated as per the delegation matrix.

Requirements / qualifications

Minimum education required: minimum bachelor's degree preferably in finance, banking or commerce. Minimum 5-7 years in corporate, SME credit or banking experience.

About us

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization.

Career development

FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.

Our values

At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globally that rewards your hard work and dedication.

Join our team and be part of a journey to shape the future of banking.