Senior Credit Underwriter

Bank ABC Group; Manama; On-site; BHD 30,000 - 46,000; Full time

Job summary

Bank ABC Group is seeking a Senior Credit Underwriter for our Head Office Credit Department in Bahrain. The role reports to the Group Chief Credit Officer and focuses on maintaining high-quality corporate loan portfolios with strict adherence to risk appetite and policy.

Ideal candidates hold a Bachelor's degree (MSc/MBA a plus) with 10+ years in international banking, deep knowledge of credit analysis, and strong understanding of lending documentation.

Qualifications

• Bachelor's degree required; MSc/MBA or professional qualification a plus
• At least 10 years' experience in international banking
• Strong knowledge of accounting, financial statement analysis and credit risk
• Familiarity with bank lending policies and credit documentation

Responsibilities

• Promote and monitor the bank's quality loan and risk assets within the corporate portfolio
• Evaluate credit risk on new business and periodic reviews; present clear recommendations to credit committees
• Submit credit proposals within required GCC timelines and establish underwriting procedures
• Monitor out-of-order documentation and ensure mitigations are in CAF
• Travel to cover countries for portfolio reviews as required
• Ensure adherence to Group Risk Appetite, Credit Policy and related procedures
• Provide interpretation support of credit policy and procedures
• Conduct regular portfolio reviews and escalate key risk issues
• Contribute to reports on sectors or cross-jurisdictional analyses
• Support CRG transformational projects and ongoing training

Job description

Bank ABC seeks to recruit a Senior Credit Underwriter in the Head Office Credit Department based in our Head Office in Bahrain.

Responsibilities of the role:

Reporting to the Group Chief Credit Officer, the job holder will be responsible for:

• Supporting, promoting, monitoring, and controlling, on an independent and ongoing basis, the Bank’s pursuit of good quality loan and other risk assets within the Corporate Credit portfolio.
• Evaluating the credit risk of new business and the periodic risk review of existing clients and ensuring these are aligned with risk appetite, policies, and procedures. Responsible for making a clear and timely recommendation to the appropriate credit committee with key risks clearly highlighted along with mitigation available.
• Timely submission of credit proposals in line with prescribed timeframe for GCC submission Establish clear procedures for the underwriting process
• Ensuring that any documentation outstanding on the OOO (Out of Order) report is covered in the CAF and reasons provided to mitigate any potential risk.
• Monitoring developments in the countries he/she covers. There is an expectation of travel to the countries if the GHCCU required job holder to do so to undertake portfolio reviews.
• Ensuring adherence to Group’s Risk Appetite Statement, Group Credit Policy, Standards, and related procedures.
• Providing support in terms of interpretation of the Group Credit Policy its related Standards and Procedures.
• Conducting regular portfolio reviews of various corporate obligors, understand, review, interpret and adopt all Credit policies and procedures. Escalate key risk issues related to the credit portfolio constituents.
• From time to time the job holder will be required to deliver reports on sectors within a country or assist in the compilation of a wider report across many jurisdictions.
• Providing assistance and support as part of the general day to day business and on CRG’s transformational projects.
• Ensuring that they are receiving appropriate training from either internal or external sources. The CCU must attend at least one course per annum from an external provider and take regular internal seminars or presentations from subject matter experts.

Areas of Knowledge, Qualification and Experience

• Minimum of a Bachelors degree. A postgraduate MSc/MBA degree &/or professional qualification is a plus/preferred and an added advantage
• At least 10 years preferably with an international bank demonstrating some mobility
• Knowledge of accounting principles, financial statement analysis, banking products and services with strong credit analytical skills.
• Good knowledge of vanilla credit product risks and key aspects of legal documentation.
• Good knowledge of corporate and bank balance sheet analysis techniques
• Good understanding and familiarity of the Bank/Corporate and FI market, credit products.
• An understanding of the Bank’s lending policies, procedures, and practices.
• Should possess good analytical skills and awareness of various financial products / services.
• Should have good analytical skills to analyze Banking Industry and analyze individual bank’s capital, asset quality, profitability, and liquidity.
• Participate in the development of credit / risk management policies, standards, procedures, and processes