VP- Credit Management (Private Banking)

JOB PURPOSE:

The purpose of the job is to prepare review and provide appropriate recommendation of credit facilities for a portfolio of CIB Abu Dhabi clients. The role also entails compliance with all credit policies and guidelines.  

KEY ACCOUNTABILITIES:

Generic Accountability

• Guide a team of analyst to ensure robust credit analysis is being conducted and appropriate approvals are obtained within the bank in timely fashion.
• To complete due diligence process for prospective deals  in collaboration with Coverage/ Product teams and ensures that emerging risk factors are identified which are addressed by the Term Sheets developed by Product team.
• Provide initial feedback at GLM stage and ensure that appropriate Risk Acceptance Criteria and CIB GCP guidelines are followed as part of GLM approval process.
• Advises Relationship Managers on the risk factors associated with complex transactions and the clauses imperative in mitigating these.
• Ensures timely availability of required information to Head of Credit / Unit Head for credit decision making.
• Participate in (large complex) client relationships through client visits / conference calls as part of transaction initiation and monitoring
• Guides Corporate & Investment Banking Departments /Global Banking Corporate Finance with different ways to optimum utilization of credit facilities by the corporate customers without compromise on credit quality.
• Coordinate with internal counterparties  (CAD Legal etc.) to provide guidance on risk assessment risk rating and documentation.
• Ensure accuracy of data being presented to various stakeholders including senior management
• Obtain accurate and current information and update the Risk systems (Risk rating models / TOAs etc) that allow for accurate identification of risk profiles/ratings in all asset categories.
• Recommend amendments to the Banks credit policy procedures Risk Rating models credit memorandums risk criteria etc based on lending experience and market expediencies ensuring it is aligned with overall Banks risk strategy & policy

Job Specific Accountabilities

• Preparation of comprehensive credit papers clearly outlining key risks mitigations and recommendation for presentation to Credit Committee for prospective and existing clients under assigned portfolio
• Coordinates with the Relationship Managers well in advance of due dates of annual reviews to obtain necessary information from the borrower to facilitate a comprehensive review of the credit facilities.
• Ensure credit processing & approval turnaround times as per agreed SLAs with CIB.
• Periodic meetings / conference calls with clients to be undertaken along with RMs for prospective and existing clients
• Monitor accounts regularly and followup with Business units on terms and conditions to ensure compliance with the approval conditions.
• Monitor early warning indicators in order to identify potential problem accounts and liaise with Business Units for ensuring suitable action plans are in place to rectify the situation at an early stage.
• Review exception and portfolio reports as applicable and keep abreast of the clients account conduct financial standing and  latest developments occurring in their respective segment/market so as to provide appropriate recommendations with regards to change in risk appetite / ratings /classification.

Specific Accountability

• To ensure that the quality of the portfolio allocated remains healthy.

FRAMEWORKS BOUNDARIES & DECISION MAKING AUTHORITY:

• Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
• Authorised to take decisions as per the approved authorisation matrix.

Qualifications :

Minimum Qualification

• Must have Bachelors degree.  
• Desirable: Chartered Accountant/ Masters in Business Administration (MBA) or any other relevant finance degree or diploma.  

Minimum Experience

• 10 years relevant experience in the banking sector with at least 7years in similar positions of progressively increasing managerial responsibilities in the Credit function.

Remote Work :

No

Employment Type :

Fulltime