Credit Analyst

Role holder will go through on the job training and work on credit analysis.

The job holder will be expected to support the overall maintenance of the assigned tasks within Credit Departments – these may include but are not limited to the preparation of credit approval packages, AC memos, Credit Round Table ‘CRT’ discussion materials, and credit file maintenance.

Key Accountabilities of the role

• Support RMs and ARMs in the review and preparation of credit approval packages, AC memos, Credit Round Table ‘CRT’ discussion materials, etc., and ensure the same are completed as per the bank’s requirements.
• May attend client calls/meetings in conjunction with the RM/Division Head in relation to the client’s banking requirements.
• Support preparation of spreadsheets and perform financial analysis including basic financial modeling [if applicable] and qualitative analysis to support the analysis of potential and existing credit applications.
• Carry out initial market checking and monitor the creditworthiness of obligors/counterparties including searching for negative press articles and rating agencies.
• May be asked to liaise with Risk in relation to the credit approval packages such as responding to queries and comments from Risk Management.
• Prepare necessary security and other documents in liaison with Legal & Sharia departments.

Process Implementation

• Support Frontline staff to track review dates and ensure all facilities are renewed/deferred on a timely basis.
• Ensure consistency, accuracy, quality, and integrity of all proposals/memos.
• Maintain and reconcile the credit files and identify discrepancies and variances.
• Ensure complete adherence to all KPIs (Turnaround time (TAT), Credit package quality, Review dates, etc.).
• Support the credit analyst in assessing the creditworthiness of the counterparties and evaluate Credit proposals for lending.
• Where required, liaise with relationship managers, Business Lines, Legal staff, Risk division, and other stakeholders to obtain information.
• Support the credit analyst in ensuring that new transactions and credit renewals meet the bank's risk appetite criteria, credit policies and procedures, and regulatory requirements.
• Keep abreast of both macro and microeconomic developments and any regulatory changes that might impact the relevant portfolio under coverage.

Specialist Skills / Technical Knowledge Required for this role:

• Good understanding of business, finance, economics, and current affairs.
• Analytical Thinking & Business Oriented approach.
• Strong interpersonal and communication skills, both verbal and written.

UAE Nationals only considered for this role.