Senior Manager - Credit Risk (Saudization)

Role Overview

Senior Manager - Credit Risk (Saudization) at QNB, located in Riyadh, Saudi Arabia. The incumbent will be responsible for assisting the management of the process of credit approval on individual credit facility proposals for Corporate and Retail customers (only those retail proposals that fall outside applicable policy parameters), forwarded by appropriate departments and units.

Company Overview

QNB Group was established in 1964 as the country's first Qatari-owned commercial bank and has grown to become the largest bank in the Middle East and Africa (MEA) region. The Group's presence extends to more than 31 countries across three continents through subsidiaries and associate companies. QNB operates through 1,000 locations and an ATM network of 4,300 machines, with more than 28,000 employees serving up to 20 million customers. The Bank maintains ratings from Standard & Poor's (A), Moody's (Aa3) and Fitch (A+), and ranks as the most valuable bank brand in the Middle East and Africa according to Brand Finance Magazine. QNB Group has an active community support program and sponsors various social, educational and sporting events.

Role Purpose

The role exists to assess the quality of credit exposure sought to be undertaken and adherence to established policies and procedures. The incumbent will constantly research and seek to apply best practices in credit risk, in accordance with Basel II and other relevant guidelines.

Key Responsibilities

Strategy & Financial Performance

• Perform activities within the assigned Credit Risk Strategy that reflects the Group's tolerance for risk and the level of profitability the Group expects to achieve for incurring various credit risks.
• Ensure the use of a standardized process for evaluating credit proposals ensuring that all approved credits are within QNB's Credit Risk Strategy.
• Assist the SVP of Risk in creating Key Performance Indicators (KPIs) for the department and monitor their achievement on periodic basis.
• Implement KPIs and best practices for role.
• Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.
• Demonstrate clear understanding of the important factors behind the bank's financial and non-financial performance.

Governance & Authority

• Act within the limits of the powers delegated to the incumbent and delegate authority to the respective staff and monitor same.
• Ensure compliance with established and approved credit risk policies and procedures and ensure that a sound environment for identifying, measuring, monitoring and controlling credit risk is in place.
• Ensure that all credit approvals meet overall policy guidelines and QCB regulations and to stipulate terms and conditions to mitigate the credit risk borne and faced by the Group.
• Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, Group Compliance Policies and Procedures (AML & CTF, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).
• Understand and effectively perform your role under the Three Lines of Defence principle to identify measure, monitor, manage and report risks.
• Ensure systematic good outcomes for clients in accordance with Conduct Risk policy.
• Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements.
• Maintain appropriate knowledge to ensure full qualification to understand and perform all regulatory requirements.

Credit Assessment & Approval

• Perform credit assessments and provide credit approvals within the authority delegated to the incumbent.
• Supervise the assessment of the credit proposals to ensure adequacy and analyse the various credit risk facets to measure a final credit risk rating including (but not limited to) an assessment of the requested facility and guarantees provided, client management and background, industry analysis, country analysis, external agency credit rating (if applicable), financial and cash flow analysis and the risk rating from the credit risk rating tool in use.
• Based on the assessment, recommend extending or declining the facility request or asking for additional security, further structuring of the deal and facility to safeguard the Group's interests.
• Check coordination with business unit Relationship Managers for the timely receipt of customer documents and other information required to evaluate the credit worthiness of the proposed borrowers.

Operational Excellence & Continuous Improvement

• Work towards improving overall Group credit portfolio by instilling credit risk best practices.
• Address and facilitate correction of any weaknesses identified during assessments, audits, or examinations.
• Coordinate activities with business units to ensure the timely processing of customer credit requests within established TATs.
• Set examples by leading improvement initiatives through cross-functional teams ensuring successes.
• Identify and encourage people to adopt practices better than the industry standard.
• Continuously encourage and recognise the importance of thinking out-of-the-box within the team.
• Encourage, solicit and reward innovative ideas even in day-to-day issues.

Stakeholder Management & Service Delivery

• Coordinate with Compliance Group to ensure an appropriate response to obtain updates on regulations pertaining to credit risk review that are promulgated by the Central Bank, if any.
• Build and maintain strong and effective relationship with all other related departments and units to achieve the Group's goals and objectives.
• Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.
• Assist the SVP of Risk in the development and finalization of Service Level Agreements (SLAs) between the respective overseas operations and Head Office units and departments as and when needed, to the extent they relate to the business functions.
• Ensure adherence to the Turn around Times (TAT) specified in the SLAs.
• To assist customers in all their queries on Bank's product and seek solution to their requests.
• Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments and units to achieve improvements in turn-around time.

Learning, Development & Team Management

• Possess an understanding of business processes and controls in all related credit and operational areas.
• Maintain an understanding of all pertinent regulations as well as best practices pertaining to the overall credit operations.
• Support in risk management training across all business areas within the Group.
• Proactively identify areas for professional development of self and undertake development activities.
• Seek out opportunities to remain current with all developments in professional field.
• Hold meetings with staff and assess their performance and your teams overall performance on a regular basis.
• Take decisive action to ensure speedy resolution of unresolved grievances or conflicts within the team members.
• Identify development opportunities and activities for staff and facilitate and coach them to improve their effectiveness and prepare them to assume greater responsibilities.

Additional Information

• Business Unit: QNB - Saudi Arabia
• Division: Risk Management
• Department: Risk Management
• Closing Date: 31-Dec-2026
• Full details are available on the employer's original posting.