VP, Credit Management

Role Overview

VP, Credit Management at First Abu Dhabi Bank - FAB, based in UAE. The role conducts detailed credit assessment and preparation of credit appraisal memos for financing against various types of properties, manages the overall health of an allocated portfolio, and guides and leads a small team of credit analysts.

Role Purpose

To conduct detailed credit assessment and preparation of credit appraisal memos for financing against various types of properties in UAE; to manage the overall health of the allocated portfolio and to guide and lead a small team of credit analysts.

Key Responsibilities

Credit Assessment & Underwriting

• Review, analyse and assess loan proposals keeping in mind approved credit policies, procedures and market dynamics to produce high quality credit assessment memos for underwriting purposes.
• Analyse clients' audited financial statements, bank statements, Rental Roll Reports, collateral details and assess clients' credit history, credit reports and system checks in line with the bank's lending standards.
• Perform in-depth analysis of borrower's financial ratios including profitability, solvency, cash flow and debt service coverage ratios to produce error-free underwriting and ensure the borrower has sufficient repayment capacity to repay proposed loan facilities.
• Review and analyse valuation reports of underlying properties in the context of prevalent market conditions.
• Work out the credit risk rating and check RAROC of the customer as per the bank's portals.
• Ensure completeness and accuracy of documentation submitted with the credit request to avoid fraud or delinquency in the future.
• Ensure compliance to the bank's credit underwriting policies and address any exceptions to the policy.

Credit Authority & Approvals

• Approve credit requests in line with delegated credit authority, where allowed.
• Review and approve deferral or waiver requests by customers in the context of credit risks involved.

Portfolio Management

• Manage the allocated portfolio of clients in terms of timely annual reviews, monitoring delinquencies, early warnings, adherence to covenants and documentary deferrals.
• Perform portfolio management activities in terms of past-due monitoring, breach of covenants and stress testing.
• Actively engage with respective business counterparts on a regular basis to address any credit-related issues for the allocated portfolio.
• Review excess rental release requests of clients taking into account available and expected rental cash flows.

Client & Stakeholder Engagement

• Actively engage with senior business counterparts (Area Managers/Executive Directors, etc.) to ensure proposed facility is adequately structured to meet clients' expectations within the bank's underwriting standards.
• Accompany business counterparts to client meetings and develop better understanding of the client and the proposed credit facility.
• Work in coordination with other stakeholders such as Business Units, Credit Administration, Collections and Operations to streamline any issues affecting the credit facilities.

Compliance & Standards

• Adhere to and comply with departmental policies, standard operating procedures and practices so work is carried out in a smooth and methodical manner.
• Maintain in-depth understanding of regulatory and internal bank policies.
• Exhibit consistency with the organization's values and ethics at all times to demonstrate a value-driven culture within the bank.

Documentation & Systems Management

• Ensure that all loan applications and service requests are dealt with efficiently within agreed SLAs.
• Ensure completion and maintenance of required departmental MIS on an ongoing basis.
• Ensure that all approved loans and proposal-related documents are complete and stored in the common folder/system to safeguard against missing or misplaced documents.

Digital Transformation & Continuous Improvement

• Actively participate in any digitisation and automation-based projects and represent Group Credit in respective project teams or lead any such initiatives within Group Credit Business Banking.
• Contribute towards continuous improvement and sustainability of policies, systems and processes in line with changing needs and requirements.

Team Leadership & Communication

• Guide and train a small team of credit analysts for credit underwriting.
• Exhibit good communication and writing skills when preparing and submitting credit proposals to approving authorities within the bank.

General Duties

• Work in pressure conditions without compromising on credit underwriting quality.
• Perform any additional job-related tasks or projects as assigned by Line Manager.

Qualifications & Experience

• Bachelor's degree, preferably in Finance, Banking, or Commerce.
• Minimum 15 years of experience in Credit and/or related banking.