Job Title AVP & Lead- Credit Management
Description
. Review, analyez, recommend, and approve credit proposals in line with the approved credit policies and delegation of authorities, procedures, and market dynamics to produce high quality of credit assessment memos for underwriting purposes.
. Approve credit applications for a value up to AED 15 million (TBA/Part of their delegated authority)
. Given the High Net worth and sensitive nature of the clientele worth of more than AED 100Mio and above individually, actively engage with the senior business counterparts (Area Managers/Business Heads etc) to ensure that the proposed facility is adequately structured to meet the clients' expectations within the bank's underwriting standards.
. Building up a client servicing culture by ensuring relationship with the front line and peers department are well maintained and engaged
. Adhere to & comply with departmental policies, standard operating procedures and practices so that the work is carried out in a smooth & methodical manner.
. Exhibit consistency with organization's values and ethics at all times to demonstrate a value driven culture within the bank.
. Contribute towards continuous improvement and sustainability of policies, systems, process and methods in line with changing needs and requirements so as to efficiently carry out the duties.
. Have in-depth understanding of regulatory and internal real estate credit policy.
. Exhibits good communication & writing skills when preparing & submitting credit proposals to approving authorities within the Bank.
. Possesses a wide skill range & experience in Real Estate Finance, Corporate Finance, Credit management, Relationship management, Interpretation of Financial Analysis and Credit Evaluation.
. Analyze Client's financial statements - Bank statements and /or Audited financial Statements/Rental Roll Report/ Collateral Details etc, investigate client's credit history/credit reports/ system checks to meet bank's lending standards.
. To work out the credit rating of the customer as per the bank's credit rating portal.
. Ensure completeness & correctness of documentation in order to avoid fraud and/or delinquency in the future.
. In depth analysis of all loan related borrower's/Property financial ratios like turnover ratios, debt service coverage ratio to ensure error free underwriting and ensuring that the loan amount proposed is in line with TM-RAC.
. Review & analyze restructure requests given by the existing loan customers and recommend in line with the bank's policy/TM-RAC.
. Review deferral/waiver requests given by the existing customers and recommend the same keeping in mind the credit risk involved.
. Review and approve loan applications and service requests efficiently and within the agreed SLA's.
Core Relationship Tasks:
. Manage a portfolio of about 200 accounts, with a of AED 3 billion under lending in REC
. Accompany the business counterparts to client meetings and to develop better understanding of the client and the proposed credit facility.
. Co-ordinate with different counterparts (Business, CAD & Collections) to obtain required support / feedback on the existing portfolio.
. To work in co-ordination with the monitoring team and take up with business in case of noncompliance of terms and conditions.
. To be able to work in pressure conditions without compromising on the credit underwriting quality.
. To perform any additional Job-Related tasks/projects as and when assigned by Line Manager.
Qualifications
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