Credit Relationship Manager Contracting Finance UAE National Only

Job Purpose

To support the relation managers/ senior relationship managers/ UM to manage and enhance the existing contracting finance asset portfolio in order to meet pre-set financial / non-financial objectives

Key Result Areas

• Full-fledged financial analysis, credit risk assessment, risk rating and structuring of facilities for assigned corporate relationships, by working with the Relationship Managers (RMs) and engaging/ meeting the customers
• Preparation of Credit Proposals (CPs) by thoroughly analyzing publicly released financials, presentations, rating reports, analyst reports and feedback received in client calls (new, annual renewals and amendments etc.) and liaising with Credit Risk Management (CRM) in resolving their queries.
• Quick and timely turnaround of CPs while maintaining quality of analysis Ensure limits are renewed in a timely manner thereby avoiding any limit expiries
• Preparing and providing writeups/ updates as required by senior management with accurate data and analysis in a timely manner. Ensure that all enquires received by internal stakeholders are responded without fail.
• Be fully abreast of the Credit Policy of the Bank and ensure deviations, if any are brought to the attention of RM and UM
• Seek approvals from Compliance Unit wherever deemed necessary and to resolve all queries related to compliance issues, respectively.
• Monitor Early Alerts in the assigned portfolio and ensure any developments that could potentially trigger Early Warning as per the Credit Policy of the Bank
• Ensure both Annual and Interim Financials of all the Portfolio of clients are promptly spread, and records of the spread is maintained the Units records. All financials should be rated at least annually and no later than 180 days from the close of Financial Year End or receipt of financials whichever is earlier
• Progress Payment Certificate and its payments are monitored with a copy of such certificate being maintained with Bank. Ensure accuracy of PPC control-sheets and CPP sheets maintained by Credit Control Unit and highlight deviations to the attention of RM and UM
• Project related records like Letter of Award, PPC Copies, Project Progress Report to be updated and maintained in Banks records
• Monitoring of terms, conditions of approval and covenants as per CRM needs to be carried out. Ensure terms laid out in the proposal are in line with client expectations to avoid significant deviations in the approved terms. Thorough understanding of Mashreqbank’s policies and procedures in addition to regulatory, operational and compliance requirements
• Review Monthly Exceptions Report, KYC Expiry Report, Track Receivables and TL Expiry reports. KYC should be active and not expired
• Follow-up with clients and ensure timely submission of documents pending in any of the above reports
• Co-ordinate with Documentation, Credit Administration, Foreign Trade Centre and CAM-Ops, Legal and Factoring Ops teams to ensure transactions are processed seamlessly
• Ensure all client requests on bonds issued by the Bank are discussed with client and processed in timely manner.
• Monitor the TAT of Customer Service Team, Product/ other support teams and highlight deviations to RM and UM
  
  

Knowledge, Skills And Experience

• UAE National with minimum 3-5 years’ experience in banking industry.
• Complete knowledge and clear understanding of the Bank’s different business units & support functions.
• Strong credit knowledge.
• Awareness of various financial products / services.
• Excellent interpersonal, communication & analytical skills with ability to perform team player.
  
  

The leading financial institution in MENA

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Our mandate? To help customers find their way to Rise Every Day, partnering with them through

the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.

We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

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