Job Description
The role is responsible for preparing credit applications and structuring facilities for corporate customers. These customers could be across multiple industries. Pre and Post approval activities of managing credit risk include financial analysis, account monitoring, highlighting Early warning signals and ensuring good credit discipline.
Specific responsibilities for portfolio of Commercial and Corporate banking clients, ensuring optimal quality of assigned portfolio and taking timely credit decisions where appropriate.
Application of best practices in monitoring & control, ensuring proactive management & decisions.
Work closely with Business, service delivery/support and Product teams on transactions and credit risk management activities.
Duties and Responsibilities
Your main responsibilities in this role include the following:
Credit origination and management
Highest standard credit quality in submissions including good structure and financial analysis. Meet customers to validate relevant information. Appropriate recommendations to be detailed in credit applications.
Professional advice on credit risk management matters, industry/product specialism and providing innovative risk solutions
Exercise judgment in the evaluation and recommendation of Credit proposals
Provide input in business and credit policy/process development
Jointly responsible with Business Unit for monitoring and control of the respective portfolio and ensure 100% compliance to policies
Advise on risk reward and challenge pricing where appropriate
Be the joint contact for credit management purposes for accountants, auditors, regulators, solicitors and other professionals
Present Credit proposals directly to Sr.Executive- Wholesale Bank/Commercial Bank and Central Credit Committee
Ensure data integrity and attention to details
Daily review of the regular monitoring reports that are required from time to time.
Maintain a close watch on customers where the limit renewal is late in being submitted and for customers where limits have been agreed but are pending activation. Covenant adherence based on semi-annual / annual accounts forwarded by unit to be monitored in conjunction with Business Unit. Any condition required to be fulfilled post-approval to be diarised and followed-up as appropriate
Ensure that post sanctioning monitoring is appropriate to monitor credit risk.
Deliver service in line with agreed business needs
Maintain close working relationship with Business Unit and develop a detailed understanding of their portfolio
Regular engagement with RM’s to proactively manage client needs and expectations
Engage at preliminary stage to ensure effective development and delivery of bespoke credit solutions for customers as appropriate
Proactively contribute to embedding agreed change management initiatives in support of process and quality improvements
Attend client meetings with BU to better understand client business and any related issues that may need to be resolved
Support and contribute to specific industry focus as determined by the Corporate and Credit Teams
Work closely with Documentation Unit/Credit Monitoring Unit and support them in review of Facility Offer Letters /T&Cs prior to limit activation. Assist with audit requirements to ensure satisfactory ratings.
Ensure compliance with all NBF & Regulatory policies and procedures both at an individual account level and at the portfolio level
Ensure all reporting clearly details the risk parameters and highlights all exceptions providing clear mitigations where required
Ensure compliance with accounting standards
Other Accountabilities
Business Credit Partnership
Risk and Compliance
Job Requirements
At least 3 to 5 years of all-round Banking experience including exposure to Credit, Operations and Trade Finance areas. Core experience of at least 3yrs in Credit Dept and report writing with any Relationship Management as additional experience. Prior experience of writing credit proposals and seeking credit approvals is a must.
Exposure to marketing area will be an added advantage. Strong product, legal knowledge, collateral knowledge and understanding of security documentation (Facility Offer Letter & supporting sec docs)
Change and Innovation - Proficient
Communication - Proficient
Delivering Value - Proficient
Empowering and developing self & others - Proficient
Evaluating and Solving Challenges - Proficient
Results Orientation - Proficient
Vision and Strategy - Proficient
Working and collaborating with others - Proficient
Credit Evaluation and Analysis -Credit -Advanced
Verification and Structuring-Credit-Proficient
Control and Monitoring- Credit- Proficient
Accounting and Financial Analysis-Credit-Advanced
Credit Policies and Compliance-Credit-Advanced
Recovery Strategy and Management- Credit-Proficient
Legal Knowledge-Credit-Proficient
NPL Portfolio Management- Credit-Basic
Behavioural Competencies
Technical Competencies
Job Details
Company: National Bank of Fujairah - NBF
Employment Type: Full-time
Job Location: Dubai, United Arab Emirates
