Credit Risk Manager (Private Banking)

Maseera; Dubai; On-site; AED 300,000 - 600,000; Full time

Job summary

Maseera is seeking a Credit Risk Manager for our Dubai private banking operations. The role provides independent credit oversight across HNWI, retail and SME lending, ensuring credit decisions align with risk appetite and regulatory requirements.

You will lead risk assessments of new facilities, renewals and amendments, evaluate collateral quality, and support committees with credit packs. A strong background in securities-backed lending and private banking is essential.

Qualifications

• Bachelor’s degree in Finance, Accounting or related discipline.
• CA or CFA would be advantageous.
• 5–7+ years’ credit underwriting experience within UAE banking.
• Strong hands-on experience in securities-backed lending, including assessment of equity and fixed-income collateral.
• Exposure to mortgages, credit cards and SME cash-flow lending is highly desirable.
• Solid understanding of Private Banking, Wealth Management, Consumer Banking and SME products.
• Advanced Excel skills, strong organisational ability and the confidence to provide independent challenge to the business.

Responsibilities

• Deliver independent credit risk assessments for new and existing HNWI, consumer and SME clients.
• Evaluate repayment capacity, facility structure and collateral strength, so that lending stays within the bank’s risk appetite, credit policies and CBUAE requirements.
• Support the Credit Committee process, including preparing credit packs, recording minutes and communicating decisions to the business.
• Monitor portfolio health by tracking excesses, past dues, collateral shortfalls and covenant breaches, and manage the watchlist and stressed accounts using early warning signals.
• Oversee IFRS 9 staging and ECL provisioning, and carry out grading of shares, bonds, sukuk and issuers held as collateral.
• Own the review of credit policies, procedures and lending authority frameworks, and produce portfolio MIS for senior management, Board committees, regulators and auditors.
• Contribute to credit automation, system enhancements and process improvement initiatives across the Risk function.

Skills

Credit underwriting

Financial statement analysis

Cash flow analysis

Excel

Independent challenge to the business

Education

Bachelor’s degree in Finance, Accounting or related discipline

CA or CFA would be advantageous

Job description

Title: Credit Risk Manager (Private Banking)Location: Dubai

About the ClientOur client is a well-established regional bank with a strong and growing presence in Dubai. As it continues to expand its Private and Consumer Banking business, it is seeking a Credit Risk Manager to provide independent credit oversight across its high-net-worth, retail and SME lending portfolios. This role suits a creditprofessional from a private banking or wealth management background who combines rigorous risk judgement with a practical, business-focused approach that supports sustainable growth.

Key ResponsibilitiesDeliver independent credit risk assessments for new and existing HNWI, consumer and SME clients, covering new facilities, renewals, increases and amendments, and prepare recommendations for approvers and committees.Evaluate repayment capacity, facility structure and collateral strength, so that lending stays within the bank’s risk appetite, credit policies and CBUAE requirements, including market conduct standards.Assess a broad product range, including securities-backed and Lombard lending, real estate–backed lending, mortgages, credit cards, personal loans and SME finance, and assign internal risk ratings to borrowers.Support the Credit Committee process, including preparing credit packs, recording minutes and communicating decisions to the business.Monitor portfolio health by tracking excesses, past dues, collateral shortfalls and covenant breaches, and manage the watchlist and stressed accounts using early warning signals.Oversee IFRS 9 staging and ECL provisioning, and carry out grading of shares, bonds, sukuk and issuers held as collateral.Own the review of credit policies, procedures and lending authority frameworks, and produce portfolio MIS for senior management, Board committees, regulators and auditors.Contribute to credit automation, system enhancements and process improvement initiatives across the Risk function.

Key RequirementsBachelor’s degree in Finance, Accounting or a related discipline. CA or CFA would be advantageous.5–7+ years’ credit underwriting experience within UAE banking, ideally gained in a private bank or the private/wealth division of a larger institution.Strong hands-on experience in securities-backed lending, including assessment of equity and fixed-income collateral. Exposure to mortgages, credit cards and SME cash-flow lending is highly desirable.Solid understanding of Private Banking, Wealth Management, Consumer Banking and SME products.Advanced financial statement and cash flow analysis skills.Sound working knowledge of CBUAE regulations, including credit risk management standards, consumer protection, mortgage lending rules and IFRS 9.Advanced Excel skills, strong organisational ability and the confidence to provide independent challenge to the business.