Senior Credit Underwriter – Retail Loans & Mortgages

CBD; Dubai; On-site; AED 167,000 - 257,000; Full time

Job summary

CBD in Dubai seeks an experienced Underwriter to make key decisions on Retail Banking products, including Business Loan and Mortgage Loan, following the Retail Credit Policy. You will review high-value transactions, assess risk from financial statements, and escalate to delegated authorities as needed.

Responsibilities include ensuring quality underwriting per policies, maintaining productivity with accuracy, and complying with SLAs and audit requirements.

Qualifications

• Minimum of 4 to 5 years of underwriting experience in credit related work.
• Written and spoken English – Arabic preferred
• Good understanding of banking operations, Bank policies, procedures, guidelines, statutory requirements, market conditions.

Responsibilities

• Take key decisions and underwrite individual applications for Retail Banking products (Business Loan & Mortgage Loan) as defined in the Retail Credit Policy.
• Review deviations/out-of-policy cases and restructuring cases for delegated authority.
• Ensure quality underwriting per approved credit policies and maintain low error rate.
• Generate financial ratios using computer programs (Perfios) to evaluate financial status.
• Analyse credit data and company financial statements to determine risk and determine facility terms.
• Escalate applications post underwriting to delegated authorities and communicate decisions.
• Ensure cases complete within prescribed TAT and adhere to SLA with Business Group.
• Identify and highlight fraudulent activities and resolve audit findings within time frames.

Skills

Underwriting

Credit risk assessment

Financial statement analysis

English language

Arabic language

Tools

Perfios

Job description

CBD in Dubai seeks an experienced Underwriter to make key decisions on Retail Banking products, including Business Loan and Mortgage Loan, following the Retail Credit Policy. You will review high-value transactions, assess risk from financial statements, and escalate to delegated authorities as needed.

Responsibilities include ensuring quality underwriting per policies, maintaining productivity with accuracy, and complying with SLAs and audit requirements.