Credit Analyst

ADIB - Abu Dhabi Islamic Bank; Dubai; On-site; AED 60,000 - 90,000; Full time

Job summary

ADIB - Abu Dhabi Islamic Bank is seeking a Credit Analyst in Dubai to support the credit analysis process. The role involves preparing credit approval packages, memos, and CRT materials, while assisting relationship managers in credit reviews and client meetings.

Strong analytical and communication skills are required to evaluate credit proposals and monitor credit risk. The candidate will engage in financial analysis, basic modeling, and ensure compliance with bank policies and regulatory

Qualifications

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

Responsibilities

• Prepare credit approval packages, AC memos and CRT discussion materials.
• Support RMs and ARMs in reviewing and preparing credit documents.
• Attend client calls/meetings related to banking requirements with RM/Division Head.
• Perform basic financial analysis and optional financial modeling to support credit proposals.
• Monitor creditworthiness of obligors and counterparty risk including media checks.

Skills

Financial analysis

Analytical thinking

Communication skills

Job description

Job Description:

Role : Credit Analyst Location : Dubai Role Purpose: Role holder will go through on the job training and working on credit analysis.

Key Accountabilities of the role

• The job holder will be expected to support the overall maintenance of the assigned tasks within Credit Departments – these may include but not limited to preparation of credit approval packages, AC memos, Credit Round Table ‘CRT’ discussion materials, credit file maintenance.
• Support RMs and ARMs in the review and preparation of credit approval packages, AC memos, Credit Round Table ‘CRT’ discussion materials etc. and ensure the same are completed as per the bank’s requirements
• May attend client calls/meetings in conjunction with the RM/Division Head in relation to the client’s banking requirements
• Support preparation of spreadsheets and perform financial analysis incl. basic financial modeling [if applicable] and qualitative analysis to support analysis of potential and existing credit applications
• Carry out initial market checking and monitor credit worthiness of obligors/counterparties including search for negative press articles, rating agencies.
• May be asked to liaise with Risk in relation to the credit approval packages such as responding to queries and comments from Risk Management etc.
• Prepare necessary security and other documents in liaison with Legal & Sharia departments

Process Implementation

• Support Frontline staff to track review dates, and ensure all facilities are renewed/deferred on a timely basic
• Ensure consistency, accuracy, quality, and integrity of all proposals/memos
• Maintain and reconcile the credit files and identify discrepancies and variance
• Ensure complete adherence to all KPIs (Turnaround time (TAT), Credit package quality, Review dates, etc.)
• Support the credit analyst in assessing the creditworthiness of the counterparties and evaluate Credit proposals for lending.
• Where required liase with relationship managers, Business Lines, Legal staff, Risk division and other stakeholders to obtain information
• Support the credit analyst in ensuring that new transactions and credit renewals meet the banks risk appetite criteria, credit policies and procedures and regulatory requirements.
• Keep abreast of both macro and micro economic developments and any regulatory changes that might impact the relevant portfolio under coverage

Specialist Skills / Technical Knowledge Required for this role:

• Good understanding of business, finance, economics, and current affairs
• Analytical Thinking & Business Oriented approach
• Strong interpersonal and communication skills, both verbal and written.

Requirements: