Assistant Manager - Credit Risk (UAE National)

In line with the UAE Government’s strategy in empowering and developing nationals, Emirates NBD is committed to welcoming the young generation into an innovative, modern and supportive work environment to contribute to the nation's success.

We are looking to find the best UAEN talen t to join our ENBD famil y.

Job Description

Organization Unit Purpose

• Appraisal, assessment & control of credit exposures
• Control function, which ensures group takes on assets which meets the Group’s standards on lending in terms of risk
• Setting up up of credit limits for clients and delegated approval limits
• Set up Credit policies which allow us to process credit proposals from Business Units (Wholesale Banking, BUB, PB - UAE & International) within agreed timeframe / turn-around time and ensure response levels.
• On going measurement of credit risk
• Assessment of provisions, portfolio health etc

Job Purpose

• Evaluate credit proposals submitted by the Wholesale banking business units. Analyse and submit recommendations to management
• Evaluate credit risk and suggest mitigating measures where possible
• Ensure to maintain good quality of the Corporate Credit portfolio of the accounts/ BUs allocated
• Ensure that lending proposals are in compliance with policies & UAE CB regulations
• Close monitoring of portfolio of one / more CBUs (depending on size of CBU) especially accounts on border line i.e. OLEM / Substandard to ensure that they do not get into non performing category
• Advise BUs with respect to managing of difficult accounts and monitor their progress
• Review and make appropriate recommendations for provisioning of weaker accounts with respect to the portfolio allocated
• Monitor exception / reports excesses, past dues, utilisation with respect to the allocated portfolio
• Maximising returns from a relationship – advise relationship team/management on strategies for various groups
• Analyse requests for changes in documentation / standard terms inclding liasing with stakeholders like Legal, CRAD, etc.

Job Content

Customer-Services

a) Maintain Service Quality and adherence to TATs (measured via Track Soft or similar reports)

b) Proactive Business Support and Quality of interaction with allocated BUs (to be 2 way)

c) Understand Customer Needs and undertake BU/customer visits as required.

Internal-Process

a) Quality of Credit Recommendations &/or approvals; necessary escalations/discussions

b) Adherence to Policy/Processes/Guidelines

c) Undertake sector/portfolio reviews

Internal-Compliance

a) Accuracy & quality of comments on various reports; monitor exception reports & a/cs for timely inclusion on EAR as per control & monitoring requirements.

b) Escalate covenant breaches & other audit remarks.

c) Ensure proactive portfolio management through regular monitoring of a/cs, especially PD/OLEM/EAR/PROV forecast a/cs/ repayments & reduce NPLs.

d) Monitor all exceptions on a proactive basis & minimize review overdue/ covenant overdue/ DDR.

e) Contribute towards achieving acceptable INA rating as a minimum (measured by GCD INA rating)

f) IFRS9 Governance & Staging to be completed per policy.

g) To ensure compliance with regulatory requirements.

h) To support ENBD ESG initiative through automation of scorecard integrated in nCino (Loan Origination System) for credit assessment of proposals > AED 50M.

Initiatives-Project

a) Contribute towards policy/process revisions, industry reviews besides DLA authorities & controls.

b) Proactiveness to provide suggestions for overall improvement in procedures or processes

c) Initiative and involvement in special projects from time to time (measured by actual projects).

Employee-People

a) Initiative to improve knowledge, develop technical & soft skills of self by completing the required training programs including AI-related training courses.

b) Develop product, policy& procedures knowledge.

c) Effective interaction with colleagues to share knowledge & aim at Customer Satisfaction (measured via GCD CSAT scores)

d) Teamwork for various initiatives such as ideas and action as detailed below.

• Ensure proactive dynamic redistribution of workload among GCD staff by supporting other teams to achieve TAT for business proposals.

• Improvement of credit request processing End to End TAT.

• Contribute to positive team spirit.

e) Any other special tasks assigned by GCCO/ Head of Credit Risk Management/ Head of Credit Review.

Education

• Bachelor’s or master’s Degree
• Diploma/certification in banking/finance

Experiences

• 3+ years of banking experience
• 1 year experience in corporate credit

Knowledge & Skills

• Knowledge of corporate products including Trade Finance, Treasury, and Syndications/Club deals; and Real estate and Project finance

Behavioral Competencies

• Ability to manage high volumes, while ensuring required due diligence
• Ability to work independently and positive team spirit
• Ability to interact with various levels of seniority
• Initiative to learn and improve credit skills