FAB Careers UAE – Credit Manager

Job Description:

Conduct detailed credit assessment of credit applications seeking financing for large residential and/or commercial real estate. The key purpose is to determine whether the borrower is eligible for financing and the requested credit facility is in line with the bank’s risk appetite and Target Market Risk Acceptance Criteria (TM-RAC).

Job Responsibilities:

• Exhibits good communication & writing skills when preparing & submitting credit proposals to approving authorities within the Bank.
• In depth analysis of all loan related borrower’s/Property financial ratios like turnover ratios, debt service coverage ratio in order to ensure error free underwriting and ensuring that the loan amount proposed is in line with TM-RAC.
• Contribute towards continuous improvement and sustainability of policies, systems, process and methods in line with changing needs and requirements so as to efficiently carry out the duties.
• To work in co-ordination with the monitoring team and take up with business in case of noncompliance of terms and conditions.
• Analyses Client’s financial statements – Bank statements and /or Audited financial Statements/Rental Roll Report/ Collateral Details etc, look into client’s credit history/credit reports/ system checks to meet bank’s lending standards.
• To review the excess rental release request of the clients after reviewing the rental register and building savings account.
• To work out the credit rating of the customer as per the bank’s credit rating portal.
• Ensure that the all approved loans and proposal related documents are complete and shared in the public folder to safeguard any missing or misplaced documents.
• Process of loan applications and service requests efficiently and within the agreed SLA’s.
• Review & analyses restructure requests given by the existing loan customers and recommend in line with the bank’s policy/TM-RAC.
• Have in-depth understanding of regulatory and internal retail bank policies.
• Ensure completion of the required MIS as required on an ongoing basis.
• Ensure completeness & correctness of documentation in order to avoid fraud and/or delinquency in the future.
• Review deferral/waiver requests given by the existing customers and recommend the same keeping in mind the credit risk involved.

Qualification & Experience:

• Minimum 10 years in Credit and/or Banking experience
• Minimum Education required: Minimum Bachelor’s degree preferably in Finance/Banking/ Commerce.

Job Details:

Company: First Abu Dhabi Bank

Vacancy Type: Full Time

Job Location: Abu Dhabi, UAE

Application Deadline: N/A

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