Associate Analyst

ADIB Group; Dubai; On-site; AED 50,000 - 75,000; Full time

Job summary

A leading financial institution in Dubai is seeking an Associate Analyst to support relationship managers in their daily operations. The role encompasses financial analysis, preparation of credit documentation, and client interaction, contributing to the efficiency of the corporate banking team. Ideal candidates possess strong analytical and communication skills, alongside a solid understanding of business finance and economics. This position offers an excellent opportunity for UAE Nationals to grow within the banking sector.

Qualifications

• Good understanding of business finance and economics.
• Strong interpersonal and communication skills, both verbal and written.
• Analytical thinking with a business-oriented approach.

Responsibilities

• Support ARMs and RMs in preparing credit approval packages and account opening documents.
• Coordinate with internal partners and assist with client transactions and queries.
• Ensure compliance with bank policies and regulations.

Skills

Analytical thinking

Communication skills

Business finance knowledge

Understanding of economics

Job description

Description

Role: Associate Analyst (UAE National)

Location: Dubai

Role Purpose:
The role holder is required to support ARMs and RMs in day-to-day activities such as preparing account opening documents, credit approval packages, attending meetings, and preparing meeting minutes. The role supports the assigned Corporate Banking team.

Key Accountabilities of the role:

• Support Frontline staff to achieve financial targets within the handled portfolio (e.g., total revenues, revenue from treasury products, revenue from cash management, RORC). The role holder will not have a financial target.
• Work closely with the customer service unit to ensure clients' daily transaction needs are met to their satisfaction.
• Assist RMs and ARMs in reviewing and preparing credit approval packages, AC memos, Credit Round Table discussion materials, etc., ensuring compliance with the bank's requirements.
• Attend client calls/meetings alongside the RM/Division Head regarding banking requirements.
• Support the preparation of spreadsheets, perform financial analysis, including basic financial modeling and qualitative analysis, to evaluate credit applications.
• Conduct initial market checks and monitor the creditworthiness of obligors/counterparties, including searching for negative press articles and consulting rating agencies.
• Coordinate with Risk Management regarding credit approval packages, responding to queries and comments.
• Prepare security and other related documents in collaboration with Legal & Sharia departments.
• Coordinate with CAD during CA package preparation, ensure timely tracking and obtaining of documentation, and update compliance and standard documentation.
• Work with WFO on disbursal and other funding-related matters.
• Assist Frontline staff in tracking review dates and ensuring timely renewal or deferral of facilities.
• Adhere to all KPIs, including turnaround time, credit package quality, and review dates.
• Support the Relationship Management team in customer transactions and queries.
• Coordinate with internal partners to complete transactions and address queries.
• Collaborate with GTB Product Specialist to analyze insights related to GTB offerings and propose actions.
• Identify service requirements in coordination with stakeholders.
• Manage complex Trade & Funding transactions effectively and efficiently.
• Work closely with WBG departments to manage corporate client service activities.
• Support the Shared Services team in enhancing customer satisfaction and relationships.
• Participate in Trade Operations and other operational functions.

Control & Governance:

• Ensure all activities comply with group policies, processes, Sharia requirements, Central Bank regulations, and internal Legal and Compliance regulations.

Technical Skills / Knowledge Required:

Good understanding of business finance, economics, and current affairs.

Analytical thinking and a business-oriented approach.

Strong interpersonal and communication skills, both verbal and written.

Required Experience:

IC