SVP & Head of Credit, Corporate Core - Dubai - Emiratized role

Role Overview

Senior Vice President & Head of Credit, Corporate Core at First Abu Dhabi Bank (FAB) in Dubai. This is an Emiratized role.

Role Purpose

Lead the credit function for the Corporate Core portfolio, ensuring robust credit quality, policy adherence, and risk management across all transactions while guiding a team of analysts and maintaining alignment with the bank's credit standards and regulatory requirements.

Key Responsibilities

Portfolio Management

• Monitor all key credit portfolio parameters periodically and ensure deviation of portfolio to credit policies is minimal.
• Ensure that all transactions are monitored by analysts periodically for any issues.
• Monitor underwriting portfolio and periodically convene underwriting portfolio meetings with key stakeholders.
• Remain aware of latest developments in the assigned portfolio with constant updating of developments across various industries.

Policy & Standards

• Consistently maintain top-quality credit policies and programs.
• Ensure that all credit applications submitted by the team meet required standards and adhere to prescribed format.
• Ensure that underwriting memos are appropriately drafted by business incorporating key terms of the underwrite and liquidity analysis.

Process & Risk Management

• Maintain alignment of processes with agreed turnaround time.
• Proactively monitor credits for early problem recognition.
• Advise coverage teams on risk factors associated with complex transactions and high-risk industries and clauses imperative to mitigating these.
• Oversee due diligence process for prospective transactions and ensure emerging risk factors are appropriately addressed in term sheet and credit application.
• Demonstrate strong knowledge of structuring transactions with deep dive analysis of the risks.

Stakeholder Management & Governance

• Ensure availability of required information to Credit Committee Members for credit decision making.
• Collaborate with key stakeholders (Coverage, Product and Risk) to ensure functioning of various tasks is conducted in smooth and efficient manner.
• Participate in client meetings and provide guidance on key risk factors, acceptable structure and appropriate due diligence.
• Assist Risk department in various Central Bank reporting and Audit queries.

Team Leadership & Development

• Guide a team of analysts whereby transactions are analyzed appropriately in line with credit policies and credit proposals are prepared to meet internal standards.
• Plan, anticipate and identify future capacity and skill needs of the department and pursue their fulfillment.
• Cross-train and develop staff to achieve efficient resource utilization and deployment.
• Identify and retain key talent in the department.

General

• Undertake ad-hoc projects or duties as assigned by Head of Division.

Qualifications & Experience

• Bachelor's degree along with MBA in Finance.
• 15 years' relevant experience in the banking sector with at least 5 years in similar positions of progressively increasing managerial responsibilities in credit.