DIB Careers – Credit Analyst

Job Description:

To assist Assistant Credit manager, Credit Manager, AVP Head of Credit Initiation, by analyzing all Retail cases based on borrower’s character and integrity , capability of repayment , business, economic and personal conditions, Capital input and collateral available with the underlying objective of minimizing risk to the bank and augmenting quality portfolio building.

Job Responsibilities:

• To identify and highlights all fraudulent activities thereby reducing risk exposure and increasing quality of analysis.
• To ensure Quality of detailed credit narrations and to facilitate management approval
• To conduct internal self-audit on processed cases and maintain low risk rating review by audit. Ensure timely resolution to Audit observations.
• Continuously striving to improve productivity rates and increase quality in order to ensure delivery of quality service to external / internal customer within the committed turnaround time.
• To ensure accuracy of daily/monthly data capture for MIS reports
• To check and monitor the authenticity of the facilities proposed by branches / sales and effectively ensuring that all financial and non-financial parameters are adhered with proper signoff at every stage.
• Adhere to all Retail credit SOP and SLAs to ensure timely delivery with minimum TAT as well as to ensure acceptable risk rating is achieved by the department in all internal and external audits.
• To analyze and process cases based on overall consideration of customer’s profile, employment status and industry, financial position, existing liabilities, aggregate exposure to DIB, capability of repayment and credit history, relationship with DIB (internally with other departments e.g. status of other availed facilities from corporate and relationship manager’s recommendations) and other banks.
• Recommendation of cases to higher level of authority. Adequate market knowledge of UAE property market.
• To check customer’s records with Central Bank Report, Collection, Blacklist and all kind of system checking as advised by policy to minimize risks associated with customer’s integrity, credibility, repayment history and relationship with other banks and to ensure Contact Point Verification (CPV) is completed
• To ensure deviation approvals from product and credit parameters are done as per the delegated authority matrix
• To assist in monitoring risk and market trend to suggest amendment in policies when required to minimize risk & increase quality as well as to identify anomalies in credit policy.

Qualification & Experience:

• Minimum Bachelor’s Degree. Financial accreditation will be an advantage.

• Minimum 2-3 years’ experience of financial services industry including Retail Banking areas.

Job Details:

Company: Dubai Islamic Bank

Vacancy Type: Full Time

Job Location: Dubai, United Arab Emirates

Application Deadline: N/A

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