Credit Specialist | Dubai, UAE

Barclays; Dubai; On-site; AED 240,000 - 300,000; Full time

Job summary

A leading financial institution is seeking a seasoned Credit Specialist (VP level) to join their Private Banking & Wealth Management platform in Dubai. This role is crucial for managing credit relationships and driving new business aligned with strategic targets, requiring strong analytical and interpersonal skills.

Qualifications

• Proven experience in writing and structuring new credit transactions.
• Strong background in risk monitoring and mitigation.
• Fluency in English (spoken and written).

Responsibilities

• Own the end-to-end process of annual credit reviews for all clients.
• Oversee a mixed portfolio of credit relationships.
• Support the origination, structuring, and documentation of new credit transactions.

Skills

Risk monitoring

Analytical skills

Communication

Interpersonal skills

Tools

Avaloq

Gateway

Job description

Job Description

Purpose of the role

To develop and manage the success of specific financial products and services, providing in-depth expertise on a particular product line, bridging the gap between product development, marketing, sales, and customer service.

Accountabilities

• Provision of SME expertise on specific products and services to customers and colleagues, including features, functionalities, benefits, financial returns limitations, risks and compliance.
• Understanding of market trends, new features, regulatory requirements and potential risks, and analysis of data obtained from sales figures and, customer feedback, to support the product origination and development process, and communicate key findings to relevant stakeholders to improve product offerings.
• Response to customer inquiries, attending client meetings and obtaining a detailed understanding of complex personal / corporate financial circumstances to originate Credit resolution of issues, and provision of guidance on product usage. .
• Presentation of the advantages and features of the product to potential customers, building trust and encouraging adoption.
• Participation in training sessions and workshops to share product knowledge and expertise with colleagues and other stakeholders.
• Participation in events, conferences, and other internal networking opportunities to showcase the product and generate interest.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department's future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L - Listen and be authentic, E - Energise and inspire, A - Align across the enterprise, D - Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave.

Credit Specialist | Barclays | Dubai.

We are seeking a seasoned Credit Specialist (VP level) to join our Private Banking & Wealth Management (PBWM) platform in Dubai. This role is critical to our regional growth ambitions and supports the ongoing management of approximately 120 borrowing relationships within the Dubai credit portfolio. The successful candidate will play a key role in annual credit reviews, ongoing risk monitoring, and driving new credit business aligned to strategic targets.

Key Responsibilities:

• Annual Credit Reviews: Own the end-to-end process of annual credit reviews for all clients, ensuring timely and accurate completion in compliance with internal policies.
• Portfolio Management: Oversee a mixed portfolio of credit relationships, including identifying risk exposures, recommending credit actions (increases/reductions), and tracking performance.
• New Credit Transactions: Support the origination, structuring, and documentation of new credit transactions in collaboration with Relationship Managers and internal stakeholders.
• Risk Mitigation: Actively monitor market volatility and client risk exposures using systems such as Avaloq. Take proactive steps to resolve potential credit issues.
• Stakeholder Engagement: Serve as a key liaison between the Credit Risk team, Bankers, and Clients, ensuring all queries and issues are addressed efficiently.
• Systems and Documentation: Ensure all credit decisions and documentation are properly recorded and updated through internal systems including Gateway and Avaloq.
• Strategic Contribution: Contribute to the delivery of credit-related business targets and the platform's broader commercial objectives.

Essential Criteria:

• Proven experience in writing and structuring new credit transactions in a private banking or corporate credit environment.
• Strong background in risk monitoring and mitigation.
• Excellent communication and interpersonal skills, with the ability to liaise confidently with internal and external stakeholders.
• Strong analytical skills with a detailed understanding of credit risk.
• Fluency in English (spoken and written).
• Collaborative team player with a high level of integrity and professionalism.

Desired Criteria:

• Familiarity with Avaloq and Gateway credit systems.
• Competence in reviewing and analysing financial statements.
• Strong attention to detail with a "get it right the first time" mindset.
• Prior experience in a private banking or wealth management credit environment is a strong plus.

This role is based in Dubai.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

Finance is the oxygen of the economy. Acting transparently and with expertise, we deploy finance responsibly to support people and businesses, acting ...

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.