Credit Operations Specialist

SDGs @ IsDB Group; Jeddah; On-site; SAR 120,000 - 180,000; Full time

Job summary

The Islamic Development Bank Group invites applications for Sr. Associate, Credit Administration, to join the Credit Administration team at the Regional Hub. The role focuses on processing transaction tickets, monitoring compliance, and reporting unresolved issues in line with credit policies.

Candidates should have a Bachelor's in Trade, Banking or Economics and at least two years of relevant experience; a Master's in Finance is a plus. Proficiency in English (Arabic a plus) is preferred.

Qualifications

• Bachelor’s degree in Trade, Banking or Economics.
• Master’s degree in Finance or a related field is a plus.
• Minimum of 2 years of experience.

Responsibilities

• Check limit and amendment requests for selected credit operations; perform the first leg of limit setting/amendments.
• Review financing agreements and security documentation for accuracy and completeness for execution; pinpoint discrepancies.
• Perform the first step of collateral creation and link to limits to control utilization of facilities.
• Remain on standby to report to HQ in the absence of immediate line manager; act as dual custodian for security documentation.
• Prepare data required for periodic revaluation of collaterals and highlight discrepancies.
• Monitor facilities regularly to ensure utilization adheres to terms of approval; liaise with Operations and escalate concerns.

Skills

English

Arabic

Education

Bachelor's degree in Trade, Banking or Economics

Master’s degree in Finance or related certification (a plus)

Job description

The Islamic Development Bank Group invites applications for Sr. Associate, Credit Administration, to join the Credit Administration team at the Regional Hub. The role focuses on processing transaction tickets, monitoring compliance, and reporting unresolved issues in line with credit policies.

Candidates should have a Bachelor's in Trade, Banking or Economics and at least two years of relevant experience; a Master's in Finance is a plus. Proficiency in English (Arabic a plus) is preferred.