Assistant Credit Manager (Sharjah & NE)

Commercial Bank of Dubai

Dubai
Permanent
Full-time

2 months ago

Description: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 PurposeConducts assessments of completed credit proposals related to Corporate Banking Segment including Islamic Banking with a primary focus on Sharjah and Northern Emirates portfolio. Applications are usually complex, of a significant value with multiple entities involved in various lines of trade. Analysis is conducted through the application of well-developed investigative and analytical skills and processes. Their findings will form the basis of ultimate decision making.Principle Accountabilities

Receives credit proposals for corporate banking and examines them to ensure completeness of supporting information/ documents and compliance with Bank’s requirements.
Undertakes detailed analysis of proposals by strictly adhering to: Basic principles of lending, Bank’s procedures & Policies, UAE Central Bank Rules, and other regulations wherever applicable to assess quality and proper asset selection.
Conducts proper due diligence as to identification of gaps, if any in terms of disclosures/ information in proposals
Addresses and clarifies issues or points raised at the review stage prior to preparation of the SWOT Analysis
Prepares credit proposals with SWOT Analysis covering all significant factors (Strengths & Risks) for review and recommendation by Team Leaders, ensuring accuracy and completeness.
Addresses further queries/ requirements if any required by the Team Leaders / Unit Head for decision making or initiation of the decision process.
Communicates the Management decision on credit proposals to Business Analysts, RMs, Branch Managers, Segment Heads, Other Units & Unit Heads
Maintains proper records for receipt, processing & disposal of credit proposals/ JETS for monitoring reports, internal/ external requirements.
Provides clarifications to Credit Control Unit for the preparation of post approval borrowing documentation.
Assists in Special Projects/ Assignments that are entrusted by the Team Leader/ Unit Head/ Management

Requirements:Experience and Qualifications

5 year’s finance experience with 4 years in general banking and 1 years in the Credit function.
Bachelor's Degree any discipline

Skills

Strong communication skills
Good Analytical/ Report writing skills.
Computer literate with strong working knowledge of business software applications, particularly spreadsheets
High attention to details
Well organized
Team Player

Commercial Bank of Dubai

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