Head of Unsecured Products Policy

ADIB - Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 480,000 - 720,000; Full time

Job summary

A leading financial institution in Abu Dhabi is seeking a Head of Unsecured Policy to oversee credit portfolios and policies for unsecured products. The role involves managing the entire credit cycle, collaborating with various teams for digitization, and ensuring compliance with regulatory standards. The ideal candidate will possess strong analytical and leadership skills, along with expertise in retail banking credit management practices.

Qualifications

• Expertise in retail banking credit management practices.
• Understanding of regulatory environment and local market dynamics.

Responsibilities

• Manage credit portfolios and policies for unsecured products.
• Monitor portfolio performance and implement risk mitigation strategies.
• Lead a team of credit policy analysts.

Skills

Analytical

Communication

People Management

Project Management

Stress Management

Job description

Role : Head of Unsecured Policy

Location : Abu Dhabi

Role Purpose:

Core Product: Responsible for managing credit portfolios and policies of unsecured products including Personal Finance, Cards & Al Yusr. These products have a combined exposure of 34 Bn across 500k+ customers, with monthly bookings close to 2Bn.

Ensure product and credit parameters are continually refined in line with macro-economic conditions, portfolio loss rates, and profitability. Oversee the entire credit cycle from program initiation to collections.

Digitization: Collaborate with Business, Digital, and ITD Teams to develop and implement digital journeys for unsecured retail products to meet digitization goals.

Additional Tasks: Manage and guide Finnone resources within the Credit team responsible for the Rule Engine for unsecured products.

Key Accountabilities:

Personal Finance, Credit Cards, and Al Yusr Products:

• Design, review, and update credit policies within the Group Risk Framework.
• Align policies with regulatory guidelines, risk appetite, and market best practices.

Credit Management & Portfolio Oversight:

• Monitor portfolio performance and implement risk mitigation strategies.
• Use analytics to identify trends, adjust policies, and maintain portfolio quality.
• Monitor portfolio caps and performance triggers; take remedial actions as needed.
• Conduct management reviews to foster discipline and analytics culture.
• Ensure credit delegations are in place and reviewed annually.
• Regularly review and refine credit scoring models.
• Manage audits related to unsecured products and ensure satisfactory ratings.

Stakeholder Collaboration:

• Coordinate with collections, recovery, product, risk, credit operations, Shariah, and digital teams.
• Liaise with regulators and auditors to ensure compliance.

Technology & Automation:

• Work with digital, business, and ITD teams on digital journeys.
• Manage development and modification of digital credit policies.

Finnone Rule Engine:

• Oversee change requests and prioritize rollouts.
• Manage resources handling the Rule Engine.
• Automate credit policies and strengthen controls.

Leadership & Team Management:

• Lead a team of credit policy analysts.
• Promote a risk-aware culture and continuous improvement.
• Set objectives and provide performance feedback.

Skills & Knowledge:

• Expertise in retail banking credit management practices.
• Strong analytical, communication, and people management skills.
• Understanding of regulatory environment and local market dynamics.
• Familiarity with system development and automation in retail banking.
• Project management and stress management skills.