Unit Head - Credit Control Department

ADIB Group; Abu Dhabi; On-site; AED 300,000 - 450,000; Full time

Job summary

A leading bank in the UAE is seeking a Unit Head for its Credit Control Department in Abu Dhabi. The role involves managing the credit approval process, ensuring compliance with Islamic banking principles, and leading a team to optimize credit operations. Ideal candidates will possess extensive banking experience, particularly in leadership within Islamic finance.

Qualifications

• 12 to 15 years of banking experience.
• 7 years in a leadership role in Corporate Banking and Credit Operations.
• Deep understanding of Islamic banking principles.

Responsibilities

• Lead the credit control team to ensure accurate task execution.
• Oversee credit limits release processes and compliance with regulations.
• Implement credit control procedures and liaise with audit teams.

Skills

Leadership

Analytical abilities

Communication

Education

Bachelor's degree in Finance, Banking, Business Administration or related field

Job description

Description

Role: Unit Head - Credit Control Department

Location: Abu Dhabi

Role Purpose:

• Unit Managers role is broadly defined as the ultimate filter in the entire Credit Control end-to-end approval process where the exposures undertaken by the Bank of its Corporate and Retail customers are being reviewed and scrutinized for its adequacy /correctness in terms of approvals adherence to Credit policies laid down in the Credit and Product Manuals and compliance to documentation standards in a centralized environment.
• Manage Credit documentation and Limit Management functions whilst ensuring full adherence to stipulated terms and conditions.
• Engage in implementing strategic initiatives by Risk Management Group.
• Ensure that the Credit Control Department is supported by documented procedures (SOPs) skilled staff and adequate technological support.
• Provide direction and guidance to the staff for effective and efficient operations of the unit.

Key accountabilities of the role:

• Leadership and Supervision: Lead the credit control team overseeing daily activities to ensure accurate execution of tasks and robust performance.
• Credit Documentation: Ensure that all credit documentation adheres to Sharia guidelines and is complete accurate and compliant with internal and external regulatory requirements.
• Limit Release and Monitoring: Oversee credit limits release processes ensuring timely approvals and monitoring of credit limits and utilization.
• Compliance and Risk Management: Implement best practices to ensure compliance with Central Bank guidelines Credit Policies and Islamic banking principles.
• Policy Development: Create implement and review credit control procedures to optimize efficiency and ensure alignment with organizational goals.
• Audit Coordination: Liaise with audit teams to promote transparency and address audit queries related to credit control department.
• Stakeholder Collaboration: Coordinate with internal departments including Business Credit Risk Legal and Sharia to ensure seamless operations and adherence to credit approval and Islamic banking principles.

Specialist skills / technical knowledge required for this role:

• Bachelors degree in finance Banking Business Administration or a related field.
• Deep understanding of Islamic banking principles UAE banking regulations and Sharia-compliant credit structures.
• Strong team management and leadership skills with the ability to motivate and develop staff.
• Exceptional analytical abilities to monitor credit performance and provide actionable insights.
• Excellent verbal and written communication skills to interact effectively with diverse stakeholders

Previous experience:

• 12 to 15 years of banking experience of which 7 years of experience in a leadership role in the areas of Corporate Banking and Credit Operations preferably within Islamic banking.