Senior Finance

1st-jobs.com; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading financial services firm in Dubai is searching for a Credit Underwriting Specialist. This role involves conducting thorough credit assessments, manual document verification, and making decisive credit approval decisions. Candidates should have over 5 years of relevant banking experience and the ability to identify fraud. The position offers a competitive base salary with uncapped performance incentives based on portfolio health.

Benefits

Competitive base salary

Significant performance incentive

Qualifications

• 5+ years of direct experience in Loan Approval, Credit Underwriting, or Risk Management within a reputable commercial bank.
• Demonstrated ability to manually verify financial documents and credit bureau reports.
• Experience in retail lending, mortgage credit, or installment-based products preferred.
• Ability to make decisive credit rejections despite pressures.

Responsibilities

• Conduct hands-on reviews of individual credit profiles, bank statements, and pay slips.
• Perform rigorous checks on supporting documents to ensure authenticity.
• Approve, flag, or reject applications based on risk criteria.
• Anticipate potential defaults and design mitigation plans.
• Collaborate with Collections to analyze default trends.

Skills

Advanced Financial Statement Analysis

Credit Risk Modeling & Forecasting

Institutional Fraud Detection

Strong Business Judgment & Autonomy

Job description

Role Overview

We are seeking a high-caliber Credit Underwriting Specialist with a deep background in reputable banking institutions. This is not a general finance role; it is a technical "Gatekeeper" position responsible for the end-to-end credit assessment of our Rent Now, Pay Later (RNPL) portfolio.

You will have the final word on credit approvals. We need a professional who can manually interrogate financial data, detect sophisticated documentation fraud, and anticipate defaults before they happen.

Key Responsibilities

• Manual Underwriting: Conduct hands-on reviews of individual credit profiles, bank statements, and pay slips to determine eligibility and loan amounts.
• Fraud Detection: Perform rigorous "sanity checks" on supporting documents to ensure authenticity and detect altered or falsified information.
• Risk Decisioning: Approve, flag, or reject applications based on strict risk-based criteria and DBR (Debt Burden Ratio) calculations.
• Proactive Mitigation: Anticipate potential defaults by identifying behavioral red flags in credit reports and designing mitigation plans (e.g., adjusted limits or payment terms).
• Portfolio Health: Partner with the Collections team to analyze default trends and immediately tighten credit policies where necessary.

Mandatory Requirements

• 5+ Years in Banking: Direct experience in Loan Approval, Credit Underwriting, or Risk Management within a reputable commercial bank.
• Advanced Document Vetting: Proven ability to manually verify financial documents and credit bureau reports (no reliance on automated "black box" scores).
• Sector Expertise: Experience in retail lending, mortgage credit, or installment-based products is highly preferred.
• Decisiveness: Ability to stand your ground on credit rejections despite commercial pressures.

Key Skills

• Advanced Financial Statement Analysis
• Credit Risk Modeling & Forecasting
• Institutional Fraud Detection
• Strong Business Judgment & Autonomy

Why Join Us?

Unlike traditional banking roles, your impact here is direct and highly rewarded. We offer a competitive base salary and a significant performance incentive tied directly to the health of the portfolio. If you are an expert at picking "good" risk, your earning potential is uncapped.

Job Type: Full-time