VP- Credit - Fund And Leveraged Finance

First Abu Dhabi Bank (FAB); Abu Dhabi; On-site; AED 300,000 - 400,000; Full time

Job summary

A leading financial institution in Abu Dhabi is seeking a VP for Credit in Fund and Leveraged Finance. This role involves evaluating and structuring credit proposals for private equity funds and asset managers. Ideal candidates will have over 10 years of banking experience, specifically in structured debt. A strong background in credit risk assessment and financial modeling is essential. The position involves collaborating with various internal teams and ensuring compliance with regulatory requirements.

Qualifications

• Minimum 10-12 years of experience in banking/NBFI.
• At least 5 years in structured debt focusing on fund financing structures.
• Strong understanding of regulatory requirements relevant to credit risk.

Responsibilities

• Handle credit evaluation and approval process for structured debt.
• Analyze fund structures and investment strategies.
• Ensure compliance with credit policies and regulatory requirements.

Skills

Financial modeling

Credit risk assessment

Understanding of fund structures

Excellent communication skills

Job description

Join to apply for the VP- Credit - Fund and Leveraged Finance role at First Abu Dhabi Bank (FAB)

Company Description

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent, and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company in an exciting & dynamic industry.

Job Summary

The role involves evaluating, assisting in structuring, and recommending credit proposals for financing provided to private equity funds, SWF, financial sponsors, and other asset managers. The candidate will work with Relationship Managers, Legal, and Risk teams internally, along with client counterparts and external advisors occasionally, to ensure robust credit risk assessment and regulatory standards.

Job Responsibilities

• Handle independently credit evaluation and approval process for structured debt for SWF, Financial Sponsors, and Asset Managers, including Capital Call Facility, NAV-based financing, hybrid facilities, back leverages, etc.
• Coordinate with Corporate Finance teams to develop product programs and assist in developing RACs.
• Analyze fund structures, investment strategies, asset quality, and counterparty risk as part of credit analysis.
• Review term sheets and identify credit and structural risks in collaboration with legal counsel.
• Set credit terms and conditions, including limits, amortization schedules, covenants, seniority of claims, EoD terms, etc.
• Monitor ongoing credit exposure at the product and counterparty level; undertake ad-hoc event-based risk analysis on structured debt exposures.
• Ensure compliance with credit policies, regulatory requirements, and industry best practices.

Qualifications

• Minimum 10-12 years of experience in banking/NBFI, with at least 5 years in structured debt focusing on fund financing structures.
• Good understanding of fund structures, capital commitments, waterfall distributions, fund asset valuations.
• Strong financial modeling skills with the ability to review models critically.
• Understanding of market risk elements for listed and unlisted entities, including valuation procedures, mark-to-market, and monitoring frameworks.
• Excellent communication skills to articulate risk considerations and credit rationale clearly.
• Knowledge of regulatory requirements (Basel norms, IFRS 9, etc.) relevant to credit risk.

Additional Details

Seniority level: Not Applicable

Employment type: Full-time

Job function: Finance and Sales

Industry: Banking

Location: Abu Dhabi, United Arab Emirates

Application status: Active (posted 3 days ago)