Assistant Manager - Credit Risk (UAE National)

Role Overview

Assistant Manager - Credit Risk at Emirates NBD in the UAE. This role is part of Emirates NBD's commitment to welcoming young UAE nationals into an innovative, modern and supportive work environment.

Company Overview

Emirates NBD is committed to empowering and developing UAE nationals in line with the Government's strategy. The organization welcomes the young generation to contribute to the nation's success.

Role Purpose

Evaluate and manage credit exposures across allocated business units to ensure the bank assumes assets that meet Group lending standards. Assess credit proposals, monitor portfolio health, maintain compliance with policies and regulations, and provide strategic guidance to business units on credit risk mitigation and relationship management.

Key Responsibilities

Credit Assessment & Evaluation

• Evaluate credit proposals submitted by Wholesale banking business units and analyse to submit recommendations to management.
• Review credit applications to ensure alignment with internal risk policies and regulatory requirements.
• Validate supporting financial documents and credit information for accuracy and completeness.
• Identify inconsistencies or potential red flags in borrower profiles and escalate as appropriate.
• Document credit assessment findings clearly to support transparent decision-making.
• Coordinate with relationship managers to clarify application details and mitigate information gaps.

Portfolio Monitoring & Management

• Maintain good quality of the Corporate Credit portfolio across allocated accounts and business units.
• Close monitor portfolio of one or more customer business units, especially accounts on borderline status (OLEM, Substandard) to ensure they do not become non-performing.
• Monitor exception reports, excesses, past dues and utilisation with respect to allocated portfolio.
• Ensure proactive portfolio management through regular monitoring of accounts, especially PD, OLEM, EAR, and PROV forecast accounts and repayments to reduce NPLs.
• Monitor all exceptions on a proactive basis and minimise review overdue, covenant overdue and DDR.
• Undertake sector and portfolio reviews.

Policy & Compliance

• Ensure lending proposals are in compliance with policies and UAE Central Bank regulations.
• Verify that all credit files meet regulatory documentation standards prior to approval.
• Ensure mandatory disclosures and compliance checklists are completed for each application.
• Adhere to Policy, Processes and Guidelines.
• Escalate covenant breaches and other audit remarks.
• Ensure compliance with regulatory requirements.
• Monitor exception reports and accounts for timely inclusion on EAR as per control and monitoring requirements.

Risk Mitigation & Controls

• Evaluate credit risk and suggest mitigating measures where possible.
• Apply established credit risk controls when processing loan applications to minimise operational errors.
• Monitor adherence to data privacy and confidentiality standards throughout the assessment process.
• Flag process deviations or control breaches to the manager for timely remediation.
• Support periodic process reviews by providing input on observed risks or inefficiencies.

Provisioning & Forecasting

• Review and make appropriate recommendations for provisioning of weaker accounts with respect to allocated portfolio.
• Complete IFRS9 Governance and Staging per policy.
• Contribute towards achieving acceptable INA rating as a minimum, measured by GCD INA rating.

Regulatory & Reporting

• Assist in preparing periodic reports for regulatory or internal audit purposes.
• Escalate potential compliance gaps or irregularities to the manager without delay.
• Provide accurate and timely data for regulatory reporting.
• Support ENBD ESG initiative through automation of scorecard integrated in nCino (Loan Origination System) for credit assessment of proposals above AED 50M.

Stakeholder Management & Business Support

• Advise business units with respect to managing difficult accounts and monitor their progress.
• Maximise returns from a relationship by advising relationship team and management on strategies for various groups.
• Maintain Service Quality and adherence to TATs, measured via Track Soft or similar reports.
• Provide Proactive Business Support and Quality of interaction with allocated business units through two-way engagement.
• Understand Customer Needs and undertake business unit and customer visits as required.
• Interact effectively with various levels of seniority.

Documentation & Systems

• Analyse requests for changes in documentation and standard terms, liaising with stakeholders such as Legal and CRAD.
• Maintain accurate records of credit decisions in the bank's risk management system.
• Input and update credit risk data in core banking and risk management platforms with precision.
• Cross-check system entries against source documents to prevent data integrity issues.
• Identify and report data discrepancies or system errors to relevant stakeholders.

Process Improvement & Initiatives

• Contribute towards policy and process revisions and industry reviews.
• Demonstrate proactiveness in providing suggestions for overall improvement in procedures or processes.
• Participate in special projects from time to time.
• Support periodic data quality initiatives by participating in periodic data cleansing exercises.
• Proactively support dynamic redistribution of workload among Global Credit Division staff by supporting other teams to achieve TAT for business proposals.
• Contribute to improvement of credit request processing End to End TAT.
• Contribute to positive team spirit.

Professional Development

• Demonstrate initiative to improve knowledge and develop technical and soft skills by completing required training programs, including AI-related training courses.
• Develop product, policy and procedures knowledge.
• Perform any other special tasks assigned by GCCO, Head of Credit Risk Management or Head of Credit Review.

Qualifications & Experience

• Bachelor's or Master's degree.
• Diploma or certification in banking or finance.
• 3 or more years of banking experience.
• 1 year of experience in corporate credit.
• Relevant certification such as Credit Risk Certification (CRC) or equivalent preferred.

Skills & Competencies

• Knowledge of corporate products including Trade Finance, Treasury, Syndications and Club deals, Real Estate and Project Finance.
• Ability to manage high volumes while ensuring required due diligence.
• Ability to work independently and positive team spirit.
• Ability to interact with various levels of seniority.
• Initiative to learn and improve credit skills.
• Effective interaction with colleagues to share knowledge and aim at Customer Satisfaction, measured via GCD CSAT scores.

Additional Information

• UAE National requirement.
• This role involves ongoing professional development in credit risk or banking regulations.