Credit Analyst jobs in United Arab Emirates

Role: Credit Analyst

Location: Dubai

Role Purpose: The role holder will undergo on-the-job training and work on credit analysis.

The job holder will support the overall maintenance of assigned tasks within the Credit Department, including but not limited to the preparation of credit approval packages, AC memos, Credit Round Table (CRT) discussion materials, and credit file maintenance.

• Support RMs and ARMs in reviewing and preparing credit approval packages, AC memos, CRT discussion materials, etc., ensuring compliance with bank requirements.
• Attend client calls/meetings with RMs/Division Heads related to banking requirements.
• Assist in preparing spreadsheets, performing financial analysis, basic financial modeling, and qualitative analysis to evaluate credit applications.
• Conduct initial market checks and monitor the creditworthiness of obligors/parties, including searches for negative press articles and ratings.
• Liaise with Risk Management regarding credit approval packages, responding to queries and comments.
• Prepare security and other relevant documents in coordination with Legal & Sharia departments.

• Support frontline staff in tracking review dates and ensuring timely renewal or deferral of facilities.
• Maintain accuracy, consistency, and integrity of proposals and memos.
• Reconcile credit files, identify discrepancies, and resolve variances.
• Adhere to KPIs such as turnaround time, credit package quality, and review deadlines.

• Assist credit analysts in assessing creditworthiness and evaluating lending proposals.
• Coordinate with relationship managers, business lines, legal, risk, and other stakeholders for information gathering.
• Ensure new transactions and credit renewals align with the bank's risk appetite, policies, procedures, and regulations.
• Stay informed on macro and microeconomic developments and regulatory changes impacting the portfolio.

Strong understanding of business finance, economics, and current affairs.

Analytical thinking and a business-oriented approach.

Excellent interpersonal and communication skills, both verbal and written.

Note: Only UAE Nationals will be considered for this role.

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