Credit Risk Assurance Manager

ADIB - Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading bank in the UAE is seeking a Credit Risk Manager to oversee the Credit Risk Review Programme. The role involves assessing credit risk management frameworks, conducting portfolio reviews, and ensuring compliance with policies. Ideal candidates will have extensive experience in credit risk management, strong analytical skills, and the ability to communicate effectively with senior management.

Qualifications

• Minimum of 8 years in credit risk management or related fields.
• UAE work experience of at least 2 years.
• Familiarity with CB UAE regulatory regime.

Responsibilities

• Assist in managing the Credit Risk Review Programme.
• Conduct continuous monitoring of credit portfolios.
• Evaluate creditworthiness of borrowers.

Skills

Communication

Negotiation

Stakeholder Management

Analytical Skills

Problem Solving

Organizational Skills

Process Improvement

Commercial Awareness

Tools

Microsoft PowerPoint

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

The Risk Governance and Risk Policy team is primarily responsible for supporting the GCRO on:

• The end-to-end risk management and governance for Risk Committees and other governing bodies.
• Policy Management, regulatory governance programmes, and special projects and initiatives.
• Providing independent oversight and assurance on the Credit Risk Management Framework.

Key Accountabilities of the role:

1. Assist the Head of Credit Risk Review in managing the Credit Risk Review Programme, which assesses the Credit Risk Management Framework, monitors the quality of credit portfolios, and evaluates adherence to policies, procedures, and legal/regulatory requirements.
2. Support the development of Credit Risk Review objectives and establish relevant policies and procedures.
3. Assist with the development and execution of the annual plan for Credit Risk Review, including monitoring progress and making adjustments as needed.
4. Conduct continuous monitoring of credit portfolios, communicate findings to senior management and the Board.
5. Participate in credit risk reviews to assess the application of policies and procedures.
6. Evaluate the creditworthiness of borrowers and the acceptability of internal ratings and credit exposures.
7. Monitor adherence to documentation, limits, risk mitigants, and collateral management.
8. Verify the completeness of credit files and ensure exams are conducted per policies.
9. Prepare work papers, document findings, and provide feedback to auditees.
10. Contribute to improving Credit Risk Review tools and methodologies.
11. Perform other duties as assigned.

Skills:

• Excellent communication, negotiation, and stakeholder management skills.
• Ability to work independently and as part of a team.
• High personal accountability, integrity, and attention to detail.
• Ability to prioritize and deliver in a fast-paced environment.
• Resilience and stress management skills.
• Strong organizational skills and multitasking ability.
• Proactive approach to process improvements.
• Commercial awareness and understanding of broad business issues.
• Good analytical and problem-solving skills.
• Minimum of 8 years of experience in credit risk management or related fields, gained at banks, rating agencies, regulatory bodies, or consulting firms.
• Experience across sectors/products such as corporates, financial institutions, real estate, leasing, structured finance, and retail lending.
• Knowledge of risk and credit risk management frameworks.
• Understanding of review/audit concepts and credit documentation.
• Ability to articulate credit review opinions clearly.
• UAE work experience of at least 2 years.
• Familiarity with the CB UAE regulatory regime.
• Proficiency in Microsoft PowerPoint, Excel, Word, and Outlook.

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