Credit Analyst

Abu Dhabi Islamic Bank; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading Islamic bank in the United Arab Emirates is seeking a Credit Analyst to provide full support in reviewing and processing finance applications. Responsibilities include examining credit applications, analyzing financial statements, and ensuring compliance with policies. Candidates should have a minimum of 3 years of experience in banking, strong analytical skills, and detailed knowledge of retail banking practices. This role offers the opportunity to contribute positively to underwriting activities while achieving monthly budget targets.

Qualifications

• Good credit and analytical skills required for processing finance applications.
• Minimum 3 years of practical banking experience preferred.
• Detailed understanding of ADIB's retail banking credit products.

Responsibilities

• Examine credit applications for completeness and timeliness.
• Analyze bank statements to assess genuineness.
• Check customer status through de-dupes and CBRB.
• Meet daily targets while maintaining low error levels.
• Escalate cases needing higher decision power with recommendations.

Skills

Good credit and analytical skills

Minimum 3 years of banking experience

Detailed knowledge of credit products & services

Broad knowledge of Operational Policies & Procedures

Good Knowledge of UAE banking practices

Good communication skills

Good Computer Skills

Job description

Role: Credit Analyst

Location: Abu Dhabi/Sharjah

Role purpose:

Provide full support to branches and DSU’s by reviewing and processing proposed finance applications in a timely fashion and within approved polices.

Key accountabilities of the role:

1. Examining credit Application for completeness and timeliness of information, noting exceptions for correction.
   • Preparation of error free credit docs
   • Vigilance in applying de-dupes
   • Observing agreed TAT.
   • Compliance policies and satisfactory RiskRating.
2. Analyze Bank Statements so as assess its genuineness, continuity, business turnovers, cheque returns, average balances and to observe if there is any chance of artificial fabrication of such statements.
3. Analyze applicant’s financial statements and comment on its findings (where required).
4. Check customer’s status through de-dupes/CBRB.
5. Meeting the minimum daily targets assigned by management while maintaining the lowest level of errors as measured by the score card.
6. Escalate cases requiring higher DP with full analysis and recommendations to facilitate their decision making
7. Demonstrate full and up to date knowledge of ADIB’s products, policies and procedures.
8. Proactively and continually make and recommend system changes and enhancements, alsoensure that all procedures and policies are implemented and being followed in compliance with organization.
9. Demonstrate full team spirit and positive attitude.
10. Perform any other responsibilities entrusted by ADIB Management from time to time and any other task assigned by Management

Results required:

• Support business in achieving monthly budget & targets while maintaining highest quality portfolio
• Additional support to business in capturing customers within the acceptable parameters without violating CB regulations.
• Contribute positively to the daily underwriting activities
• Improve communication branches and DSU’s as being internal customers
• Provide constructive comments and feedback on proposed finance applications
• Compliance of policies & procedures – Comply and perform Key operational controls as required in ADIB’s polices & procedures in day-to-day operations.

Specialist skills / technical knowledge required for this role:

• Good credit and analytical skills and knowledge
• Minimum 3 years of practical banking experience preferably in the finance & credit field
• Detailed knowledge of ADIB’s Retail Banking credit products & services
• Broad knowledge of ADIB’s Retail Credit & Operational Policies & Procedures
• Good Knowledge of UAE banking practices, regulations & risks
• Good communication skills
• Good Computer Skills