Senior Manager, Corporate Credit

Mashreq; United Arab Emirates; On-site; AED 350,000 - 650,000; Full time

Job summary

Mashreq seeks a senior Corporate Credit professional to provide independent assessment of large, complex exposures. You will underwrite, structure, and approve bilateral, syndicated and project finance transactions, applying rigorous risk analysis and strong judgment.

You will leverage cross-sector experience across financial institutions, traded credit, commodities, and manufacturing to ensure robust credit views and compliant governance.

Qualifications

• University graduate in Finance, Economics, or related field with credit risk background.
• 12–18 years in Corporate Credit with experience as an authorized approver.
• Experience evaluating large, structured transactions (bilateral, syndicated, project finance).

Responsibilities

• Provide independent credit assessment and approval oversight for Corporate Banking exposures.
• Evaluate and approve complex credit proposals across bilateral, syndicated, structured, and project finance transactions.
• Oversee end-to-end credit lifecycle with policy and portfolio management teams.
• Identify sectoral risks and recommend mitigation actions.
• Attend Credit Committees and contribute independent credit perspectives.

Skills

Credit risk assessment

Underwriting

Portfolio risk management

Stakeholder management

Communication skills

Regulatory knowledge

Education

Finance, Economics or related field

Tools

Financial modelling

Job description

Job Purpose

• Provide independent credit assessment and approval oversight for Corporate Banking exposures across assigned sector(s), ensuring alignment with the Bank’s risk appetite and regulatory expectations.
• Evaluate and approve complex credit proposals, including bilateral, syndicated, structured, and project finance transactions, through robust underwriting judgment and risk analysis.
• Leverage cross-sector expertise (including Financial Institutions, traded credit, commodities/trading, manufacturing, and retail sectors) to assess diverse corporate exposures and risk dynamics.
• Oversee the end-to-end credit lifecycle through close engagement with policy and portfolio management teams, ensuring quality, consistency, and adherence to established credit frameworks.
• Assess portfolio-level risks, including sectoral concentrations and emerging trends, and recommend appropriate risk mitigation and corrective actions.
• Partner with Corporate Banking relationship teams to provide guidance on transaction structuring, ensuring commercially viable solutions within defined risk parameters.

Key Result Areas

• Credit Underwriting & Approval Quality
  • Evaluate and approve complex credit proposals, including bilateral, syndicated, structured, and project finance transactions, through robust underwriting judgment and risk analysis.
  • Ensure all credit proposals are assessed within delegated authority, applying sound credit standards, strong analytical discipline, and adherence to established approval frameworks.
  • Maintain high quality of credit appraisals to minimize rework, approval exceptions, and proposals returned or declined at higher approval forums.
• Portfolio Quality & Risk Management
  • Maintain quality of the assigned loan portfolio, as measured by classified outstandings, risk migration, and associated provisioning impact on Group profitability.
  • Assess portfolio-level risks arising from sectoral concentrations, obligor exposures, and market developments, and recommend timely mitigation strategies.
  • Minimize migration across risk grades through proactive monitoring, risk discipline, and early intervention on emerging vulnerabilities.
• Cross-Sector Credit Expertise & Transaction Assessment
  • Leverage cross-sector expertise across Financial Institutions, traded credit, commodities/trading, manufacturing, retail, and other corporate segments to assess diverse borrower and transaction risks.
  • Apply sector-specific judgment in evaluating business models, cash flow resilience, collateral structures, and market positioning across multiple industries.
  • Provide an independent and well-rounded credit view on single-name and portfolio exposures by integrating industry, financial, and structural risk considerations.
• Early Warning Identification & Remedial Action
  • Ensure early detection of warning signals, including past dues, adverse market information, financial deterioration, and sector stress, to enable timely corrective action.
  • Recommend and support remedial strategies, restructuring actions, or exposure reduction measures to contain risk and minimize potential credit losses.
  • Strengthen portfolio oversight through continuous post-approval follow-up and early warning identification to preserve asset quality.
• Turnaround Time & Credit Processing Efficiency
  • Maintain targeted turnaround time for processing credit proposals, renewals, amendments, and annual reviews to support business responsiveness.
  • Ensure consistent handling of proposal volumes without compromising underwriting quality, depth of assessment, or governance standards.
  • Drive efficiency and discipline in credit processing through structured workflows, timely reviews, and clear approval accountability.
• Business Partnership, Structuring & Market Engagement
  • Partner with Relationship Managers to structure appropriate credit solutions for clients, balancing commercial requirements with prudent risk acceptance.
  • Accompany RM teams on domestic and international client calls, where required, to maintain awareness of market conditions, sector developments, and client dynamics.
  • Provide independent credit guidance on transaction structuring, facility terms, security, covenants, and risk mitigants for complex corporate exposures.
• Governance, Committees & Credit Culture
  • Attend Credit Committees as a regular member and contribute independent, balanced, and high-quality credit perspectives on proposals under review.
  • Participate in focus groups and periodic review forums to strengthen credit processes, underwriting practices, and overall governance standards.
  • Contribute to the development of training curriculum and on-the-job learning initiatives to enhance credit culture, underwriting capability, and consistency across teams.

Knowledge, Skills & Experience

• University graduate in Finance, Business Administration, Economics, or a related discipline, with strong foundation in corporate finance and credit risk.
• Minimum 12–18 years of experience in Corporate Credit within a bank or financial institution, including significant exposure to complex underwriting and credit approvals; experience as an authorized approver is essential.
• Demonstrated expertise in evaluating large and structured transactions, including bilateral, syndicated, project finance, and structured credit facilities.
• Strong cross-sector credit experience across Financial Institutions, traded credit, commodities/trading, manufacturing, and retail sectors, with the ability to assess diverse risk profiles.
• Deep understanding of corporate financial analysis, cash flow modelling, group structures, and credit structuring techniques.
• Sound knowledge of credit policies, regulatory frameworks (including CBUAE), and governance standards applicable to corporate banking.
• High degree of analytical capability with the ability to synthesize complex financial and commercial information into clear credit decisions.
• Strong commercial acumen with the ability to balance risk and business considerations in a dynamic and competitive environment.
• Excellent communication and presentation skills, with the ability to articulate complex credit views to senior management and Credit Committees.
• Strong stakeholder management and influencing skills, with the ability to challenge constructively and engage effectively across business, risk, legal, and external stakeholders.