Job Description
To assist Assistant Credit manager, Credit Manager, AVP Head of Credit Initiation, by analyzing all Retail cases based on borrower’s character and integrity , capability of repayment , business, economic and personal conditions, Capital input and collateral available with the underlying objective of minimizing risk to the bank and augmenting quality portfolio building.
Duties and Responsibilities
Your main responsibilities in this role include the following:
Application processing and assessment based on overall consideration of customer's profile and in compliance with bank policy and procedures
To assist in monitoring risk and market trend to suggest amendment in policies when required to minimize risk & increase quality as well as to identify anomalies in credit policy.
To check and monitor the authenticity of the facilities proposed by branches / sales and effectively ensuring that all financial and non-financial parameters are adhered with proper signoff at every stage.
Adhere to all Retail credit SOP and SLAs to ensure timely delivery with minimum TAT as well as to ensure acceptable risk rating is achieved by the department in all internal and external audits.
Continuously striving to improve productivity rates and increase quality in order to ensure delivery of quality service to external / internal customer within the committed turnaround time.
To ensure appropriate level of productivity output to enhance within given resources in times of peak load
To identify and highlights all fraudulent activities thereby reducing risk exposure and increasing quality of analysis.
To ensure Quality of detailed credit narrations and to facilitate management approval
To analyze and process cases based on overall consideration of customer's profile, employment status and industry, financial position, existing liabilities, aggregate exposure to DIB, capability of repayment and credit history, relationship with DIB (internally with other departments e.g. status of other availed facilities from corporate and relationship manager's recommendations) and other banks. Recommendation of cases to higher level of authority. Adequate market knowledge of UAE property market.
To check customer's records with Central Bank Report, Collection, Blacklist and all kind of system checking as advised by policy to minimize risks associated with customer's integrity, credibility, repayment history and relationship with other banks and to ensure Contact Point Verification (CPV) is completed
To carry out all activities related to Credit – After Sales Service a) Remedial Solutions; analyze structure and recommend remedial solutions for potential delinquent accounts with a view to keep the customer account current. Recommend solutions to customers to enable them manage their financial commitments and map the restructured solution to their capacity to pay. b) SWAP/Cancellation/Consolidation; analyze and process high risk exposed properties by swapping assets into direct revenue generating business. c) Retention; Process CLM approved solutions to maintain and secure existing collateral. d) Customer Service; Analyze and manage customer requests including any changes pertaining to existing finance terms.
Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.
Incorporate and comply with the bank's core values especially the Customer First in your day to-day activities.
All the above accountabilities includes but not limited to any additional/new tasks or responsibilities assigned by the Line Manager
Job Requirements
Job Details
Company/Organization: Dubai Islamic Bank - DIB
Employment Type: Full-time Job
Job Location: Dubai, United Arab Emirates
Application Deadline: N/A
