Senior Credit Analyst Underwriter - Business Asset Finance

Transguard Workforce Solutions; Dubai; On-site; AED 180,000 - 300,000; Full time

Job summary

Transguard Workforce Solutions is hiring a Senior Credit Analyst Underwriter - Business Asset for a Dubai-based client. You will underwrite SME credit proposals, focusing on asset finance, trade, and working capital facilities, while aligning with policy guidelines.

The role emphasizes detailed credit analysis, validation, and structured recommendations, with escalation to higher authorities when needed; strong analytical skills and adherence to SLA are essential.

Qualifications

• Bachelor’s degree required.
• Strong spreadsheet skills.
• 4–6 years SME underwriting experience in loans, trade, or working capital.
• Written and spoken English – Arabic preferred.
• Good understanding of banking operations, policies, guidelines, and market conditions.
• Hands-on experience in financial analysis, cashflow assessment, and trade cycles.

Responsibilities

• Underwrite SME credit proposals for standard and moderately complex cases across business loans, trade & working capital, and secured lending.
• Analyze borrower financials to support assessment of cashflows, repayment capacity, leverage, and working capital cycles.
• Evaluate cash conversion cycle, receivable/payable ageing, and inventory turnover.
• Perform validation of financials and data using bank statements, audited financials, and scorecard inputs.
• Prepare structured credit notes with clear recommendations and ensure adherence to policies and SLA.

Skills

SME underwriting

Credit analysis

Financial analysis

Cash flow analysis

Trade/working capital assessment

Spreadsheet software

English proficiency

Banking operations knowledge

Education

Bachelor's Degree

Tools

Spreadsheets

Job description

Transguard Workforce Solutions continues to lead the UAE market as a trusted partner for innovative and fully integrated HR services. With more than a decade of experience and a highly skilled team, we are proud to support organizations across the region with tailored workforce solutions.

We are currently hiring a Senior Credit Analyst Underwriter - Business Asset Finance on behalf of a prestigious client, based in their Dubai office.

Job Purpose:

• The role of the Job Holder is to underwrite SME credit applications, with focus on Business Banking Asset Finance (BAF), Trade, Working Capital, and Secured Lending (Mortgage/LAP), in line with the BAF Credit Policy of the Bank.
• The Job Holder will analyse, structure and recommend credit proposals, including trade and working capital facilities, and identify/handle deviations for escalation in accordance with the Bank’s delegation matrix.
• The role is primarily focused on detailed credit analysis, validation, and preparation of credit recommendations, with limited involvement in structuring or independent decision-making.

Job Responsibilities:

• Underwrite SME credit proposals for standard and moderately complex cases, across business loans, trade & working capital, and secured lending
• Underwrite SME credit proposals across business loans, trade & working capital, and secured lending
• Analyse borrower financials to support assessment of cashflows, repayment capacity, leverage, and working capital cycles
• Evaluate cash conversion cycle, receivable/payable ageing, and inventory turnover
• Perform validation of financials and data using bank statements, AECB, audited financials, and scorecard inputs (MRA/Credit Lens, financial spreading)
• Assess trade-linked exposures and perform basic validation of trade flows and supporting documentation (invoice/shipping/transport records)
• Identify risk indicators, inconsistencies, and potential fraud signals
• Provide analytical support and recommendations, with escalation of cases for review and approval by higher authorities
• Prepare structured credit notes with clear recommendations
• Ensure quality and accuracy of underwriting in adherence to credit policies
• Maintain productivity standards and TAT/SLA compliance
• Initiate field visits/valuations where required to validate business operations and/or collateral.
• Ensure completion of cases within prescribed TAT and full adherence to SLA with Business Group.
• Provide timely responses to queries from Business/Branches and seek clarifications to ensure completeness of proposals.
• Adhere to all Operational Risk Guidelines and credit policies governing underwriting
• Ensure compliance with processes and documentation requirements in all cases handled
• Support closure of audit observations within defined timelines.

Skills :

• Minimum of a Bachelor’s Degree
• Strong working knowledge of business software applications, particularly spreadsheets.
• Exposure to SME credit, trade, or working capital assessment desirable.
• 4–6 years of SME underwriting experience, including exposure to business loans, trade/working capital facilities, and secured lending (Mortgage/LAP)
• Written and spoken English – Arabic preferred
• Good understanding of banking operations, Bank policies, procedures, guidelines, statutory requirements, market conditions.
• Hands-on experience in:
• Financial analysis
• Cashflow assessment
• Basic understanding of trade cycles and SME business models