Vice President - Credit Management

Al Ghurair Investment LLC; United Arab Emirates; On-site; AED 200,000 - 300,000; Full time

Job summary

An established industry player is seeking a VP, Credit Manager to oversee a robust credit portfolio while driving sustainable growth in a high-risk environment. This pivotal role involves managing judgmental underwriting for commercial real estate and business banking products, enhancing credit policies, and leading proactive portfolio reviews. The ideal candidate will possess extensive lending experience, strong analytical skills, and the ability to navigate complex data to identify key risk factors. Join a dynamic team where your expertise will significantly impact business success and contribute to strategic decision-making.

Qualifications

• 8-10 years of lending experience with 4-6 years in relationship management.
• Strong analytical skills with a keen eye for detail.

Responsibilities

• Ensure timely corrective actions for portfolio risks and maintain credit approval turnaround time.
• Conduct regular reviews and customer visits to monitor portfolio health.

Skills

Analytical Skills

Lending Skills

Negotiation Skills

Relationship Management

Education

University Graduate

MBA or equivalent

Job description

VP, Credit Manager would be responsible to maintain a robust portfolio quality while supporting sustainable business growth in a relatively high-risk business segment.

Incumbent would manage the judgmental underwriting for CRE and the Business Banking portfolio for products such as TWC, LRD etc. apart from reviewing and adding value for enhancements of credit policy, simplification, and automation of business banking processes.

Incumbent would deputize for Senior Credit Manager when necessary.

Responsibilities

• Early detection of warning signals such as excesses, past dues, adverse market information, in order to ensure timely corrective action.
• Maintain targeted turn-around time for credit approvals.
• Assist Senior Credit Manager by reviewing proposals in L2 Credit Manager’s/Head of Business Banking Credit’s approval authority and approving credits within the incumbent’s own credit approval authority.
• Follow up with the relationship managers on daily exception reports to get the exceptions resolved.
• Initiate and lead monthly sample review or trigger-based review of specific accounts.
• Conduct quarterly portfolio/thematic review of BB portfolios.
• Monitoring of portfolio reviews based on trends based on 12 months transaction behavior on and off us (bureau)/Regular PDs/Overdues/Unusual-suspicious transactions.
• Review sample underlying documents/instruments/invoices/documents etc. to ensure that the transaction pattern is in line with the business model.
• Regular customer visits and surprise warehouse visits
• Regular checks of supplier/buyer on company management/promoters
• Incumbent to work with various stakeholders to set-up trigger mechanisms for the portfolio for pre-emptive review.

Qualifications

• University Graduate. MBA or equivalent is preferred.
• Minimum 8 to 10 years lending experience, which should include 4 to 6 years of front-line relationship management experience and minimum 4/5 years as an approver of large credit proposals.
• High degree of analytical skills, ability to cut through excessive information to arrive at the key risk factors, keen eye for detail and ability to analyze complex data.
• Lending skills (credit, analytical, judgment) across various industries / lines of business (Trade, Asset Backed Financing, Contracting, Banks & Non-Bank Financial Institutions, Leveraged Buy Out, Project Finance).
• Knowledge of regulations in different countries Mashreq now operates in.
• Excellent written and verbal communication skills.
• Strong negotiating skills, both internally within the organization as well as outside with other banks, borrowers and regulators.