Credit Manager

We are looking for a Credit Manager to oversee our company’s lending process, from evaluating clients’ creditworthiness to approving or rejecting loan requests. Credit Manager responsibilities include creating credit scoring models, setting loan terms and determining interest rates. To be successful in this role, you should have experience in processing loan applications. Previous banking experience is a plus. Ultimately, you will help us minimize bad debts and increase revenues from loans.

Responsibilities

• Assessing credit proposal from the allocated Commercial Banking portfolio, to ensure these fit within Bank’s strategy and Credit policy.
• Contribute to facility structuring & ensure completeness of applications incl. detailed analysis of sector/ industry and all associated risks
• Meet customers to get first-hand view of the proposal and undertake site visits as required.
• Ensure that lending proposals are in compliance with Bank’s credit policy and also in compliance with UAE Central Bank’s regulatory norms.
• Monitoring portfolio of assets and exercising close surveillance to ensure its healthy status; research and analyze both micro and macro development in relation to credits to provide anticipatory warnings of risks, foresee danger signals and advise measures to prevent losses.
• Identify weak accounts within allocated portfolio and recommend for downgrading – with or without provisioning.
• Control, monitor and follow-up credits via review of irregular and past due accounts, pending documentation and overdue renewals.
• Interacting with business managers up to the level of Heads of Business Banking Credit.
• Undertaking special projects and assignments in credit area
• Undertakes detailed analysis of proposals by strictly adhering to:
•         Basic principles of lending
•         Bank’s Procedures & Policies
•         UAE Central Bank Rules

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• Proven work experience as a Credit Manager, Credit Analyst or similar role
• Hands-on experience with accounting software
• Solid understanding of lending procedures
• Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)
• Negotiation skills
• BSc in Accounting, Banking and Finance or relevant field