Job Description

Head of Credit - Al-Futtaim Group - Dubai, UAE
Position Overview
The Head of Credit role in Dubai, UAE is a senior leadership position responsible for end-to-end credit risk management, underwriting, and portfolio oversight across the company's lending and leasing activities. This role ensures all credit activities operate within approved risk appetite, comply with UAE Central Bank regulations, and support sustainable growth while maintaining strong portfolio quality.
Job Details
Country: UAE
City: Dubai
Industry: Financial Services
Function: Credit Manager
Salary: 35000-50000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Key Responsibilities

• Develop, implement, and maintain the Credit Risk Management Framework and Credit Policy in line with CBUAE Finance Companies Regulations, corporate governance standards, and IFRS 9 requirements.
• Define credit risk appetite, product-specific underwriting criteria, and approval authority limits, securing required Board and regulatory approvals.
• Lead and participate in Credit Committee meetings to ensure consistent, high-quality underwriting decisions.
• Oversee consumer and corporate credit underwriting across products including personal loans, credit cards, auto finance, SME lending, and operating lease portfolios.
• Monitor portfolio performance, delinquency trends, concentration risks, and early warning indicators, recommending timely risk mitigation actions.
• Ensure compliance with CBUAE regulations, consumer protection standards, AML and CFT requirements, and relevant circulars.
• Prepare and present regular credit risk and portfolio performance reports to senior management, the Board Risk Committee, and regulators.
• Act as the primary liaison with the UAE Central Bank during inspections and regulatory reviews.
• Establish and oversee end-to-end credit approval processes including KYC, AML checks, documentation standards, and limit management.
• Ensure effective segregation of duties between credit origination, underwriting, and collections or recovery.
• Build, lead, and mentor a high-performing credit team covering underwriting, portfolio analytics, and risk management.
• Drive continuous improvement, digitalization, and automation of credit processes and decision systems.

Ideal Profile

• Bachelor's degree in Finance, Banking, Economics, or a related discipline.
• Master's degree is preferred.
• 10 to 15 years of progressive experience in credit risk and underwriting within the UAE banking or financial services sector.
• Minimum 5 years in a senior credit leadership role.
• Strong expertise in consumer and corporate credit risk, portfolio analytics, and collections strategy.
• Proven experience working directly with the UAE Central Bank and developing compliant credit policies.
• In-depth knowledge of CBUAE regulations, Basel risk standards, IFRS 9, and UAE market practices.
• Experience with digital lending platforms, credit scoring models, and automated decision systems is an advantage.

Skills Set

• Credit risk strategy and policy development
• Consumer and corporate credit underwriting
• Portfolio monitoring and risk analytics
• Regulatory compliance and CBUAE engagement
• Leadership and team development
• Credit process digitalization and automation

Why Join Us

• Lead a critical risk function within a diversified and growing financial services platform.
• Work closely with senior leadership on strategic credit and growth decisions.
• Influence the development of robust, compliant, and future-ready credit frameworks.
• Build long-term leadership career growth within Al-Futtaim Group's financial services portfolio.

About the Company
Al-Futtaim Group is one of the Middle East's most diversified privately held organizations, headquartered in Dubai. Operating across automotive, retail, real estate, financial services, and healthcare, the group employs more than 35000 people across over 20 countries. With a strong focus on governance, risk management, and sustainable growth, Al-Futtaim continues to invest in robust financial and credit capabilities to support long-term business expansion across the UAE and the wider region.
Job Title Head of Credit - Al-Futtaim Group - Dubai, UAE
Head of Credit - Al-Futtaim Group - Dubai, UAE
Position Overview
The Head of Credit role in Dubai, UAE is a senior leadership position responsible for end-to-end credit risk management, underwriting, and portfolio oversight across the company's lending and leasing activities. This role ensures all credit activities operate within approved risk appetite, comply with UAE Central Bank regulations, and support sustainable growth while maintaining strong portfolio quality.
Job Details
Country: UAE
City: Dubai
Industry: Financial Services
Function: Credit Manager
Salary: 35000-50000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Key Responsibilities

• Develop, implement, and maintain the Credit Risk Management Framework and Credit Policy in line with CBUAE Finance Companies Regulations, corporate governance standards, and IFRS 9 requirements.
• Define credit risk appetite, product-specific underwriting criteria, and approval authority limits, securing required Board and regulatory approvals.
• Lead and participate in Credit Committee meetings to ensure consistent, high-quality underwriting decisions.
• Oversee consumer and corporate credit underwriting across products including personal loans, credit cards, auto finance, SME lending, and operating lease portfolios.
• Monitor portfolio performance, delinquency trends, concentration risks, and early warning indicators, recommending timely risk mitigation actions.
• Ensure compliance with CBUAE regulations, consumer protection standards, AML and CFT requirements, and relevant circulars.
• Prepare and present regular credit risk and portfolio performance reports to senior management, the Board Risk Committee, and regulators.
• Act as the primary liaison with the UAE Central Bank during inspections and regulatory reviews.
• Establish and oversee end-to-end credit approval processes including KYC, AML checks, documentation standards, and limit management.
• Ensure effective segregation of duties between credit origination, underwriting, and collections or recovery.
• Build, lead, and mentor a high-performing credit team covering underwriting, portfolio analytics, and risk management.
• Drive continuous improvement, digitalization, and automation of credit processes and decision systems.

Ideal Profile

• Bachelor's degree in Finance, Banking, Economics, or a related discipline.
• Master's degree is preferred.
• 10 to 15 years of progressive experience in credit risk and underwriting within the UAE banking or financial services sector.
• Minimum 5 years in a senior credit leadership role.
• Strong expertise in consumer and corporate credit risk, portfolio analytics, and collections strategy.
• Proven experience working directly with the UAE Central Bank and developing compliant credit policies.
• In-depth knowledge of CBUAE regulations, Basel risk standards, IFRS 9, and UAE market practices.
• Experience with digital lending platforms, credit scoring models, and automated decision systems is an advantage.

Skills Set

• Credit risk strategy and policy development
• Consumer and corporate credit underwriting
• Portfolio monitoring and risk analytics
• Regulatory compliance and CBUAE engagement
• Leadership and team development
• Credit process digitalization and automation

Why Join Us

• Lead a critical risk function within a diversified and growing financial services platform.
• Work closely with senior leadership on strategic credit and growth decisions.
• Influence the development of robust, compliant, and future-ready credit frameworks.
• Build long-term leadership career growth within Al-Futtaim Group's financial services portfolio.

About the Company
Al-Futtaim Group is one of the Middle East's most diversified privately held organizations, headquartered in Dubai. Operating across automotive, retail, real estate, financial services, and healthcare, the group employs more than 35000 people across over 20 countries. With a strong focus on governance, risk management, and sustainable growth, Al-Futtaim continues to invest in robust financial and credit capabilities to support long-term business expansion across the UAE and the wider region.
Post Details
Job Start Date
Salary from 35000.00
Salary to 50000.00
Number of Vacancies 1
Location -
Location City Dubai
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location

Skills Required