Credit Analyst

Role Overview

Credit Analyst at ADIB, Abu Dhabi. The role is responsible for preparing customer credit proposals, financial analysis, risk rating, monitoring approved lines, documentation deferrals, facility expiry management, and maintenance of credit files alongside all other private banking finance-related administrative duties.

Role Purpose

Analyze and prepare quality credit applications, renewals, extensions, and credit memos while ensuring timely compliance, accurate documentation, proper legal and Sharia approvals, and proactive account monitoring to support the Private Banking Group's credit solutions objectives and risk management.

Key Responsibilities

Credit Analysis and Preparation

• Analyze and prepare quality Credit Applications, Renewals, Credit Memos, Extensions, and CCRs.
• Highlight exceptions and provide concise recommendations.
• Scrutinize Credit Applications with the Relationship Manager and compare against CA conditions, reverting to CRM as needed.
• Obtain clarifications sought on financials from the customer.

Renewals and Extensions

• Commence the renewal process 2 months prior to CA expiry date for each client.
• Obtain all relevant information and review existing securities, conditions, cash flows, and compliance terms.
• Highlight exceptions and prepare a complete package.
• Ensure the CA is fully approved prior to expiry date.

Insurance and Compliance

• Monitor expired Insurance policies and request renewal at least one month prior to expiry date.
• Ensure all pending security compliance items are obtained according to CA timelines.
• Highlight exceptions in the latest CAs.
• Track and monitor past dues and follow up with Relationship Managers.

Documentation and Approvals

• Arrange offer letter from CCD without delay upon CA receipt and ensure dispatching to customer for signature through the Private Banker or Relationship Manager.
• Arrange all documentation through Middle Office for customer signature.
• Seek Legal and Credit Administration assistance in preparing security and operational documentation.
• Arrange proper Legal and Sharia approvals in structuring and documentation.
• Finalize documents in accordance with credit approval as soon as possible to enable facility disbursement without delay.
• Ensure no delays in delivering documentation.

Stakeholder Coordination

• Follow up with Relationship Managers and Team Leaders on pending compliance items and information required to complete CAs.
• Liaise and address all financing queries on existing and new financing.
• Work proactively with internal and external clients, including MPM and ADIB Securities, to provide service and resolve problems.
• Report to Head of Credit Solutions any information relevant to the credit.

Filing and Account Maintenance

• Properly coordinate with the Middle Office team for filing to maintain organized credit files with accuracy and follow consistent filing procedures.
• Monitor accounts, repayments, and due dates.
• Bring any early warning signals to the attention of Relationship Managers.
• Ensure all securities are kept under safe custody with Credit Control Department.
• Prepare CCRs whenever appropriate.

General Operations

• Act as backup for other Credit Analysts.
• Handle additional tasks assigned by Head of Credit Solutions and Head of Private Banking Group.
• Deliver professional financing services and ensure achievement of Private Banking Group Credit Solutions risk and business objectives.
• Ensure accuracy of credit terms and conditions and take note of changes or additions.
• Ensure accuracy of numbers in all work duties.
• Strictly adhere to Bank's Credit Policy and Procedures Manual and report any exceptions.

Qualifications & Experience

• University Degree.
• Credit skills and credit background with experience in corporate or commercial financing.

Skills & Competencies

• Good knowledge of English and Arabic, spoken and written.
• Advanced Computer knowledge and operation.
• Advanced Analytical skills.
• Advanced Excel skills.
• Advanced writing and presentation skills.
• Solid knowledge of Sharia, financing, and documentation.
• Good team player.

Additional Information

• Timely submission, accuracy, and strict adherence to Bank policies on credit proposals required.
• Proper assessment of client requirements.
• Proper credit monitoring and detection of early warning signals.