Assistant Relationship Manager, Financial Institutions ( UAE National )

The Role

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World's Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile.

Job Purpose:

Prepare credit proposals and monitoring credit exposures to financial institutions, and sovereign within the UAE and international markets.

The role ensures compliance with regulatory requirements of the Central Bank of the United Arab Emirates and internal risk policies, while processing KYC, onboarding, and operational coordination.Prepare credit proposals and monitoring credit exposures to financial institutions, and sovereign within the UAE and international markets.

The role ensures compliance with regulatory requirements of the Central Bank of the United Arab Emirates and internal risk policies, while processing KYC, onboarding, and operational coordination.

Principal Accountabilities:

Prepare comprehensive credit proposals for local and international FI counterparties.

Assess country risk, sovereign risk, and regulatory environment.

Structure funded and non-funded facilities.

Conduct annual and interim credit reviews.

Monitor exposure, Track covenant and early warning indicators.

Ensure complete KYC documentation in line with UAE AML/CFT regulations.

Maintain proper records to satisfy internal audit and regulatory inspections.

Liaise with Operations for limit setup and system input.

Coordinate with Legal for documentation (facility agreements, guarantees, etc.).

Ensure timely execution of credit documentation.

Work closely with RM's, Risk, Compliance, Treasury, and Operations.

Assist in preparation of management and regulatory reports.

Requirements

Education and Experience:

Bachelor's degree in finance, Accounting, Economics, or related discipline.

Professional certifications (CFA / FRM / CA / MBA Finance) preferred.

4 years of credit analysis experience, preferably within UAE banking or FI coverage.

Strong understanding of Basel III framework and UAE banking regulations.

Sound knowledge of AML/KYC regulations applicable in the UAE.

Advanced proficiency in Excel and financial analysis tools.

Requirements

About the company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.