Manager - Credit Approval

Peergrowth; Umm Al Quwain; On-site; AED 250,000 - 350,000; Full time

Job summary

A leading bank in the UAE is hiring a Manager – Credit Approval. This senior role is responsible for credit underwriting and approval across multiple portfolios. The ideal candidate will have at least 10 years of experience in credit functions, preferably in UAE banking. The position involves assessing borrower creditworthiness, managing a team, and ensuring high-quality credit decisions. It offers strong influence in credit governance and decision-making frameworks.

Qualifications

• Minimum 10 years of experience in credit appraisal, underwriting, or credit approval functions within a bank.
• Prior UAE banking experience is strongly preferred.
• Demonstrated credit approval authority and experience working within delegated approval limits.

Responsibilities

• Manage end‑to‑end credit underwriting, appraisal, and approval.
• Assess borrower creditworthiness through financial statement analysis, cash flow evaluation.
• Approve or recommend credit limits within delegated approval matrices.

Skills

Credit appraisal

Underwriting

Credit approval

Stakeholder management

Risk management

Education

Graduate/Postgraduate in Finance, Commerce, Economics, or Management

Professional certifications (CA, CFA, FRM, MBA Finance)

Job description

Reporting to:

Head of Credit Approvals

Manager – Credit Approval

We are hiring a Manager – Credit Approval for a leading bank in the UAE. This is a senior, decision‑making role within the centralized credit approval function, responsible for maintaining asset quality while enabling business growth across multiple portfolios.

Key Responsibilities

• Manage end‑to‑end credit underwriting, appraisal, and approval across Corporate, SME, Commercial, Treasury, FI, and Retail portfolios in line with bank policies and delegated authority.
• Assess borrower creditworthiness through financial statement analysis, cash flow evaluation, balance sheet review, and repayment capacity assessment.
• Approve or recommend credit limits within delegated approval matrices, ensuring high‑quality credit decisions.
• Evaluate risks using internal rating models and external credit reports.
• Maintain approval turnaround times (TAT) while ensuring compliance with internal policies and UAE Central Bank regulations.
• Monitor asset quality, including NPA levels and delinquency trends.
• Provide guidance to business teams on credit structuring and policy interpretation.
• Support internal and external audits and regulatory inspections.
• Lead, mentor, and manage a team of credit officers.
• Participate in or lead special projects related to credit approvals, risk ratings, LOS, or process improvements.

Candidate Profile

• Minimum 10 years of experience in credit appraisal, underwriting, or credit approval functions within a bank.
• Prior UAE banking experience is strongly preferred.
• Demonstrated credit approval authority and experience working within delegated approval limits.
• Strong expertise across Corporate and SME credit (Retail/Treasury/FI exposure is an advantage).
• Solid understanding of banking products, lending regulations, and risk management frameworks.
• Proven leadership and stakeholder management skills.

Qualifications

• Graduate/Postgraduate in Finance, Commerce, Economics, or Management.
• Professional certifications such as CA, CFA, FRM, or MBA (Finance) are preferred.

Why This Role

• High‑visibility role with direct impact on credit quality and portfolio performance
• Centralized approval authority with strong leadership exposure
• Opportunity to influence credit governance and decision‑making frameworks