Vice President - Credit Management & Control, Corporate Banking

Mashreq Bank Pakistan Limited; Dubai; On-site; USD 100,000 - 150,000; Full time

Job summary

A leading bank in Dubai is seeking a Vice President of Credit to manage credit proposals and risk assessments. The ideal candidate will have extensive experience in corporate coverage and credit risk management, along with strong leadership skills. This role involves mentoring junior managers and ensuring compliance with internal credit policies and local regulations. The successful candidate will enhance the bank’s capability in onboarding high-quality relationships and improving credit processes.

Qualifications

• Strong leadership and management skills.
• Proficient in credit and risk management.
• Good understanding of local regulations and AML.

Responsibilities

• Prepare high-quality credit proposals and perform credit risk assessments.
• Mentor Credit Managers and ensure adherence to credit policies.
• Conduct Risk and Control Self-Assessments.

Skills

Credit risk analysis

Leadership

Change management

Communication

Time management

Education

15 years in Corporate Coverage or Credit risk management

Job description

Get AI-powered advice on this job and more exclusive features.

Job Purpose :

• Prepare high-quality credit proposals within acceptable turnaround time (TAT) which meets Mashreq Bank’s internal standards.
• Act as mentor to Credit Managers through reviewing credit proposals prepared by them and Perform credit risk assessment in order to facilitate the recommendation process.
• Carry out enhanced due diligence for new to bank clients with focus on onboarding high quality relationships which aligns with Mashreq’s credit policies and risk appetite.

Key Result Areas :

Leadership and Management :

• Act as mentor for credit managers to enhance their ability to identify credit risks, structure mitigants, and ensure adherence to Mashreq’s credit policies and regulatory requirements.

Credit Analysis and Review :

• Carry an independent due diligence on the proposed transactions and highlight any credit concerns at time of WBD clearance.
• Prepare high quality credit proposals while ensuring compliance with standard credit parameters and bank’s credit policies.
• Review credit applications of junior team members to ensure high-quality submission within the acceptable TAT.
• Identify transaction risks and recommend appropriate credit enhancements during the relationship approval / onboarding process.
• Highlight policy exceptions, and guidelines and strategy deviations within credit applications and propose suitable risk mitigants in line with the bank’s risk appetite.

Compliance and Risk Management :

• Ensure full compliance with Mashreq’s credit policies, KYC norms, and regulatory requirements, including completion of E-name checks before onboarding.
• Ensure all account opening and CIF creations are processed with proper risk classification.
• Ensure documentation adheres to approved conditions with appropriate internal / external legal sign-offs before limit loading and disbursement.
• Maintain strict adherence to risk and compliance standards, securing necessary approvals for any identified compliance hits and high risk relationships

Client & Stakeholder Engagement :

• Engage with originators, visit key customers, and participate in customer discussions to understand facility structures, terms, and customer requirements.
• Build and maintain strong relationships with WRM and collaborate closely with Originators to support credit transactions.
• Participate in discussions with product partners and coverage to facilitate smooth credit approval processes.
• Collaborate with risk management, Compliance, and Legal teams to address any issues in documentation and resolve outstanding queries.

Audit and Reporting :

• Act as the department’s Business Unit Risk Manager (BURM), conducting quarterly Risk and Control Self-Assessments (RCSA) in line with Mashreq’s Operational Risk Management (ORM) policy, ensuring that control deficiencies and areas requiring improvement are promptly actioned.
• Maintain thorough records and documentation to ensure readiness for internal audits and compliance checks.
• Handling internal audit and coordinating with Originators and CMC Head to ensure all audit inquiries are addressed and resolved in a timely and accurate manner.
• Identify opportunities for onboarding process improvements and implement best practices.
• Stay updated with industry trends, regulatory changes, and market conditions.
• Communicate initiatives aimed at improving the efficiency and effectiveness of credit processes across the bank under directive of CMC Head. This includes credit write-up and review process, streamlining documentation standards, and client onboarding procedures to ensure accuracy, consistency, and faster turnaround times

Knowledge, Skills, & Experience :

• Well-developed credit risk analysis and sanctioning skills, with minimum 15 years of Corporate Coverage and / or Credit risk management experience;
• Good knowledge of Mashreq bank’s capabilities, specifically the full spectrum of CIBG products, services and product offerings;
• Proficiency in credit, marketing, operations, legal, product and balance sheet management is a pre-requisite;
• Sound knowledge of Bank’s policies and operating systems;
• Good understanding of local regulations, AML and Fraud policies;
• Good knowledge of local market / clients and an understanding of the impact of credit terms and process as part of broader negotiations;
• Strong leadership and management ability with good employee motivation skills;
• Change management and interpersonal skills;
• Good written / verbal communication and presentation skills;
• Planning, time management and resource management skills.

Seniority level

Seniority level

Director

Employment type

Employment type

Full-time

Job function

Job function

Other

Banking and Financial Services

Referrals increase your chances of interviewing at Mashreq by 2x

Get notified about new Vice President of Credit jobs in Dubai, United Arab Emirates .

Vice President - Business Risk and Controls Officer – Digital Growth and Data Solutions (UAE National)

Vice President of Risk - Credit and Investment

Vice President, Business Risk and Controls officer – Unsecured Lending (UAE National)

Associate Vice President - Performance Marketing

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

J-18808-Ljbffr