Job Description

Head of Credit - Al-Futtaim Group - Dubai, UAE
Position Overview
The Head of Credit is responsible for leading the organization's complete credit risk management, underwriting, and portfolio monitoring framework. This role ensures that all lending and leasing activities align with the company's risk appetite, regulatory requirements, and internal governance standards. It focuses on balancing business growth with prudent risk management, maintaining portfolio quality, and ensuring compliance with UAE Central Bank regulations.
Job Details
Country: UAE
City: Dubai
Industry: Financial Services
Function: Credit Review-Analysis
Salary: 35000-45000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Key Responsibilities

• Develop and maintain the company's Credit Risk Management Framework and Credit Policy in compliance with CBUAE and internal standards.
• Define and implement product-level credit criteria, approval limits, and risk appetite parameters.
• Lead the Credit Committee and oversee all underwriting activities for consumer, SME, and corporate lending.
• Monitor portfolio performance, delinquency trends, and exposure concentrations to identify early risk signals.
• Ensure compliance with CBUAE regulations, IFRS 9, AML/CFT guidelines, and consumer protection standards.
• Prepare credit risk reports for senior management, Board committees, and regulators.
• Liaise with UAE Central Bank examiners during audits and manage regulatory correspondence.
• Establish efficient end-to-end credit processes, including KYC, AML checks, and documentation protocols.
• Maintain segregation of duties between origination, underwriting, and recovery teams.
• Build, lead, and mentor a high-performing team specializing in underwriting, portfolio analytics, and risk control.
• Drive automation and digital transformation in credit assessment and decision-making systems.

Ideal Profile

• Bachelor's degree in Finance, Economics, Banking, or related field; Master's preferred.
• 10-15 years of progressive experience in credit risk management within the UAE banking or financial services sector.
• At least 5 years in a senior leadership role overseeing credit operations or policy.
• Strong understanding of CBUAE regulatory framework, Basel risk principles, and IFRS 9 standards.
• Proven expertise in consumer and corporate credit underwriting, portfolio monitoring, and collections strategy.
• Experience implementing digital lending and credit scoring systems.
• Strong leadership, analytical, and stakeholder management skills.

Skills Set

• Credit risk management
• Underwriting and portfolio analytics
• Regulatory compliance and reporting
• Team leadership and development
• Digital credit transformation

Why Join Us

• Be part of one of the UAE's most diversified and respected business groups.
• Lead credit strategy and risk management for a growing financial services division.
• Collaborate with top management to shape lending frameworks and policies.
• Work in a results-driven environment that values innovation, integrity, and governance.

About the Company
Al-Futtaim Group, established in the 1930s, is a diversified private enterprise headquartered in Dubai, with operations across automotive, finance, real estate, retail, and healthcare sectors. Employing over 35,000 people in more than 20 countries, the Group partners with over 200 of the world's leading brands. Its finance division provides consumer and corporate lending solutions that drive business growth while maintaining the highest risk management standards.
Job Title Head of Credit - Al-Futtaim Group - Dubai, UAE
Head of Credit - Al-Futtaim Group - Dubai, UAE
Position Overview
The Head of Credit is responsible for leading the organization's complete credit risk management, underwriting, and portfolio monitoring framework. This role ensures that all lending and leasing activities align with the company's risk appetite, regulatory requirements, and internal governance standards. It focuses on balancing business growth with prudent risk management, maintaining portfolio quality, and ensuring compliance with UAE Central Bank regulations.
Job Details
Country: UAE
City: Dubai
Industry: Financial Services
Function: Credit Review-Analysis
Salary: 35000-45000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Key Responsibilities

• Develop and maintain the company's Credit Risk Management Framework and Credit Policy in compliance with CBUAE and internal standards.
• Define and implement product-level credit criteria, approval limits, and risk appetite parameters.
• Lead the Credit Committee and oversee all underwriting activities for consumer, SME, and corporate lending.
• Monitor portfolio performance, delinquency trends, and exposure concentrations to identify early risk signals.
• Ensure compliance with CBUAE regulations, IFRS 9, AML/CFT guidelines, and consumer protection standards.
• Prepare credit risk reports for senior management, Board committees, and regulators.
• Liaise with UAE Central Bank examiners during audits and manage regulatory correspondence.
• Establish efficient end-to-end credit processes, including KYC, AML checks, and documentation protocols.
• Maintain segregation of duties between origination, underwriting, and recovery teams.
• Build, lead, and mentor a high-performing team specializing in underwriting, portfolio analytics, and risk control.
• Drive automation and digital transformation in credit assessment and decision-making systems.

Ideal Profile

• Bachelor's degree in Finance, Economics, Banking, or related field; Master's preferred.
• 10-15 years of progressive experience in credit risk management within the UAE banking or financial services sector.
• At least 5 years in a senior leadership role overseeing credit operations or policy.
• Strong understanding of CBUAE regulatory framework, Basel risk principles, and IFRS 9 standards.
• Proven expertise in consumer and corporate credit underwriting, portfolio monitoring, and collections strategy.
• Experience implementing digital lending and credit scoring systems.
• Strong leadership, analytical, and stakeholder management skills.

Skills Set

• Credit risk management
• Underwriting and portfolio analytics
• Regulatory compliance and reporting
• Team leadership and development
• Digital credit transformation

Why Join Us

• Be part of one of the UAE's most diversified and respected business groups.
• Lead credit strategy and risk management for a growing financial services division.
• Collaborate with top management to shape lending frameworks and policies.
• Work in a results-driven environment that values innovation, integrity, and governance.

About the Company
Al-Futtaim Group, established in the 1930s, is a diversified private enterprise headquartered in Dubai, with operations across automotive, finance, real estate, retail, and healthcare sectors. Employing over 35,000 people in more than 20 countries, the Group partners with over 200 of the world's leading brands. Its finance division provides consumer and corporate lending solutions that drive business growth while maintaining the highest risk management standards.
Post Details
Job Start Date
Salary from 35000.00
Salary to 45000.00
Number of Vacancies 1
Location -
Location City Dubai
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location

Skills Required