Credit Analyst

Role Overview

Credit Analyst at ADIB, Sharjah, UAE. This position is for UAE Nationals only.

Role Purpose

Provide full support to branches and DSUs by reviewing and processing proposed finance applications in a timely fashion and within approved policies.

Key Responsibilities

Credit Review and Analysis

• Examine credit applications for completeness and timeliness of information, noting exceptions for correction.
• Analyze bank statements to assess genuineness, continuity, business turnovers, cheque returns, average balances, and observe if there is any chance of artificial fabrication of such statements.
• Analyze applicant's financial statements and comment on findings where required.
• Check customer's status through de-dupes/CBRB.
• Apply vigilance in applying de-dupes.
• Ensure compliance with policies and satisfactory risk rating.

Documentation and Execution

• Prepare error-free credit documents.
• Observe agreed TAT (turnaround time).

Decision Escalation and Recommendation

• Escalate cases requiring higher DP (decision points) with full analysis and recommendations to facilitate decision-making.

Performance and Quality

• Meet minimum daily targets assigned by management while maintaining the lowest level of errors as measured by the scorecard.

Product and Policy Expertise

• Demonstrate full and up-to-date knowledge of ADIB's products, policies, and procedures.
• Demonstrate detailed knowledge of ADIB's Retail Banking credit products and services.
• Demonstrate broad knowledge of ADIB's Retail Credit and Operational Policies and Procedures.

Compliance and Improvement

• Ensure compliance of policies and procedures; comply with and perform key operational controls as required in ADIB's policies and procedures in day-to-day operations.
• Proactively and continually make and recommend system changes and enhancements; ensure that all procedures and policies are implemented and being followed in compliance with the organization.
• Provide constructive comments and feedback on proposed finance applications.

Stakeholder Management

• Improve communication with branches and DSUs as internal customers.

General Responsibilities

• Demonstrate full team spirit and positive attitude.
• Perform any other responsibilities entrusted by ADIB Management from time to time and any other task assigned by Management.

Qualifications & Experience

• Minimum 3 years of practical banking experience, preferably in the finance and credit field.
• Good knowledge of UAE banking practices, regulations, and risks.

Skills & Competencies

• Good credit and analytical skills and knowledge.
• Detailed knowledge of ADIB's Retail Banking credit products and services.
• Broad knowledge of ADIB's Retail Credit and Operational Policies and Procedures.
• Good communication skills.
• Good computer skills.

Additional Information

• Support business in achieving monthly budget and targets while maintaining highest quality portfolio.
• Provide additional support to business in capturing customers within acceptable parameters without violating CB regulations.
• Contribute positively to daily underwriting activities.