AVP & Credit Lead, Restructuring

Role Overview

AVP & Credit Lead, Restructuring at First Abu Dhabi Bank, responsible for maintaining MIS reporting, portfolio governance, and credit analysis to support the management of non-performing loans and vulnerable accounts.

Role Purpose

To maintain accurate and timely management information systems (MIS) reporting for the Credit Risk & Default (CRD) portfolio, ensure data quality and integrity, support senior CRD leadership in NPL and provisioning management, and conduct detailed financial analysis and restructuring recommendations to resolve difficult lending situations.

Key Responsibilities

MIS Reporting & Data Management

• Maintain up-to-date MIS reporting and management of CRD portfolio reports.
• Ensure data quality and integrity in the system and conduct periodic reconciliations to maintain consistency across the CRD portfolio.
• Ensure reporting of MIS and other reports are presented to standard, including professional presentation of reports.
• Prepare monthly and quarterly reports on CRD accounts for departmental and senior management review.
• Take charge of all periodical management reporting.
• Prepare and maintain CRD MIS reports and data presentations for review by departmental and senior management.
• Spread financials on MRA and ensure correct risk rating is reflected in all internal systems.
• Follow up with the team on data collection on a timely basis.

Portfolio Governance & Monitoring

• Monitor closely the bank's reports including past due, watch list and provisioning reports for potential new cases and flag any early alert or warning sign.
• Maintain accurate and regular data for the monitoring of past due, watch list and provisioning reports.
• Conduct portfolio reviews of vulnerable accounts.
• Monitor and report changes to provisioning requirements.
• Manage NPLs and impairments related to the vulnerable portfolio.
• Process applications for upgrade and removal from vulnerable portfolio once cases have returned to acceptable healthy status.

Financial Analysis & Restructuring

• Analyse existing allocated client loan exposures and provide recommendations for restructuring to avoid default scenarios and identify appropriate strategies for managing exposures.
• Carry out detailed financial modelling and research to support the recommended strategy for resolving difficult lending situations in the best interests of the bank.
• Prepare credit applications containing detailed credit analysis and justifications for the restructuring being recommended.
• Prepare and review financial models and challenge cash flows.
• Evaluate information memorandums and independent business reviews.

Reporting & Compliance

• Provide robust and accurate data to assist senior CRD leadership to contribute to the management of the bank's overall NPL, provision and interests in suspense, forward-looking planning, budgeting and related activities.
• Provide accurate and timely data to enable senior members to attend to internal, external, UAECB and any other audit.
• Ensure full cooperation with CRD officers regarding annual audit/ISO retention requirements in line with MIS requirements.
• Assist the line manager and team members to maintain CRD Policies & Procedures.

Portfolio Stress Testing & Provisioning

• Conduct portfolio stress testing and quarterly provisioning exercises.
• Process stress tests on sufficiency of current provisioning and propose adjustments where necessary.

Security & Valuation Monitoring

• Perform ongoing due diligence of security to ensure valuations are up to date and security coverage ratios are maintained.
• Monitor rental income, sales proceeds, share dividends and other income assigned to FAB.

Covenant & Payment Monitoring

• Monitor and test restructuring covenants on relevant due dates.
• Monitor payments and repayments.

Risk Management & Governance

• Act as BCP Coordinator and RCSA SPOC for the department.
• Maintain follow-up and coordination with Legal Department where legal action is pursued.
• Review project progress reports and client visit reports.
• Analyse information sources from external advisors.

Strategic Support

• Assist the CRD Management in ad hoc tasks and in the execution of the overall strategy for the team.
• Recommend handover back to Business Unit where appropriate.
• Participate in producing and sharing lessons learned with business and risk teams based on portfolio cases.

Qualifications & Experience

• Bachelor's degree or equivalent in Accounting or Finance.
• 1 to 2 years' relevant experience in the banking or finance sector, ideally.
• Advanced understanding of and ability to read and analyse corporate financials.
• Experience of credit function and support in the management of vulnerable cases.
• Experience in working directly and effectively with independent functions and regulators.

Skills & Competencies

• Strong analytical skills.
• Good communication skills, both written and spoken.
• Good interpersonal skills.
• Strong presentation skills on MIS reporting and ability to objectively identify and analyse data.
• Demonstrated ability in the development and management of reports, portfolio management and control.
• Demonstrated ability to establish positive relationships and inspire trust in others.