Credit Analyst

Role Overview

Credit Analyst at ADIB, Dubai. UAE Nationals only. The role holder will undertake on-the-job training and work on credit analysis within the Credit Department.

Role Purpose

Support the overall maintenance of assigned credit department tasks, including preparation of credit approval packages, AC memos, Credit Round Table discussion materials, and credit file maintenance while developing credit analysis capabilities through structured training.

Key Responsibilities

Credit Analysis & Support

• Support Relationship Managers and Assistant Relationship Managers in the review and preparation of credit approval packages, AC memos, and Credit Round Table discussion materials, ensuring completion meets bank requirements.
• Support preparation of spreadsheets and perform financial analysis, including basic financial modeling where applicable, and qualitative analysis to support evaluation of potential and existing credit applications.
• Carry out initial market checking and monitor creditworthiness of obligors and counterparties, including searches for negative press articles and rating agency information.
• Support the credit analyst in assessing the creditworthiness of counterparties and evaluating credit proposals for lending.
• Support the credit analyst in ensuring that new transactions and credit renewals meet the bank's risk appetite criteria, credit policies, procedures, and regulatory requirements.

Client & Stakeholder Engagement

• Attend client calls and meetings in conjunction with the Relationship Manager or Division Head in relation to the client's banking requirements.
• Liaise with Risk regarding credit approval packages, including responding to queries and comments from Risk Management.
• Liaise with Relationship Managers, Business Lines, Legal staff, Risk division, and other stakeholders to obtain necessary information.
• Prepare necessary security and other documents in liaison with Legal and Sharia departments.

Process Implementation & Quality Control

• Support Frontline staff to track review dates and ensure all facilities are renewed or deferred on a timely basis.
• Maintain and reconcile credit files and identify discrepancies and variances.
• Ensure consistency, accuracy, quality, and integrity of all proposals and memos.
• Ensure complete adherence to all KPIs, including Turnaround Time, credit package quality, and review dates.
• Keep abreast of both macro and microeconomic developments and any regulatory changes that might impact the relevant portfolio under coverage.

Skills & Competencies

• Good understanding of business, finance, economics, and current affairs.
• Analytical thinking and business-oriented approach.
• Strong interpersonal and communication skills, both verbal and written.