Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World\xe2\x80\x99s Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.

Principal Accountabilities

Credit Appraisals

Review credit proposals to ensure completeness of supporting information / documents and compliance with Bank\xe2\x80\x99s requirements.

Occasionally visiting clients to understand client\xe2\x80\x99s business model and requirements, and accordingly recommending financing solutions

Conduct proper due diligence as to identification of gaps, if any in terms of disclosures/ information in proposals

Ensure that Credit proposals are complete and accurate and the credit Analysis covers all significant factors (Strengths & Risks) for proper decision making

Approval of ad-hoc credit requests within an agreed credit risk delegation framework

Presenting credit proposals to senior sanctioners and credit committee

Portfolio Management

Manage portfolio review of c.500 government related entities, FIs, NBFIs, Institutional and Large Corporate clients with approximate book size of AED40bn

Responsible for review of all syndication deals where CBD is participating or leading

Responsible for maintaining the asset quality of the designated portfolio through interim reviews, annual reviews and on-going monitoring and control, and escalation of issues as may be necessary

Serve as the second line of defense and escalate any breaches of policies and procedures, credit risk excesses and past-dues and related matters to coverage and other stakeholders

Stakeholder Management

Secondary point of contact for the assigned portfolio and liaise with relationship and sales teams, product experts and portfolio management, and support functions including legal, compliance and operations

Subject matter expert for fundamental credit risk queries and provides support for any requests from regulators, auditors and other professionals

Where required, join coverage units for conference calls and meetings with client representatives - treasurer, finance director and CFO

Communicate with senior management to address any credit queries raise by Committee members

Managing direct reports \xe2\x80\x93 training and career development

Attend credit committees and senior management meetings where required

Other Management Responsibilities:

Management and oversight over Triple C process (internal early risk identification process) and present such customers to senior management.

Active participation in process review \xe2\x80\x93 for both post and pre-disbursement and suggest improvements

Ensure that subordinates maintain proper records for receipt, processing & disposal of credit proposals/ JETS for monitoring reports, internal/ external requirements

Organizing and conducting trainings for credit analysts and business support staff

COMMUNICATION & WORKING RELATIONSHIPS

Primary point of contact for the assigned portfolio and liaise with relationship and sales teams, product experts and portfolio management, and support functions including legal, compliance and operations

Subject matter expert for fundamental credit risk queries and provides support for any from regulators, auditors and other professionals

Conference calls and meetings with client representatives, typically treasurer, finance director and CFO

Communicate with senior management to address any credit queries raise by Committee members

Managing direct reports \xe2\x80\x93 training and career development

Group:
Credit Risk

SKILLS & EXPERIENCE

Preferred - Masters of Business Administration (MBA) from reputed Business School

Preferred - CFA Charter Holder, FRM Certification (from GARP)

Strong working knowledge of Financial Modeling, of business software applications, particularly spreadsheets.

12 year\xe2\x80\x99s Banking/ finance experience with min of 5 years in the Credit function

Good understanding of banking operations, Bank\xe2\x80\x99s policies, procedures, guidelines, statutory requirements, market conditions.

Good understanding of regional markets

Expert in credit appraisals, due diligence, financial modeling

Documentation expertise, good understanding of LMA, ISDA etc.

High level of interpersonal and negotiation skills.

Excellent report writing skills

CBD