Assistant Manager, Business Banking Credit Risk ( UAE National )
Commercial Bank of Dubai
Date: 4 hours ago
City: Dubai
Contract type: Full time
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:
The role of the Job Holder is to manage a team of underwriters and take key decisions related to BAF applications of Individuals & Companies as defined in the Retail Credit Policy of the Bank. Prepare proposals for High value transactions as well as deviations related to the product level Credit Policy of the Bank are taken by the Job Holder as per the delegation matrix of the Bank.
Principal Accountabilities:
CREDIT APPRAISAL – ROLES & DUTIES
Decision high value transactions and escalations from the team in compliance with the Retail Credit Policy of the Bank.
Decision deviations to the Credit Policy as per the defined deviations matrix of the Bank.
Evaluate and escalate cases to the proper authority as defined in the Credit Policy of the Retail Banking PPGs.
Zero error & high level of productivity
Work with the front end & Client engagement to reduce error rate and increase straight through processing, thus reducing TAT for the Customer
Close coordination with Policy Team on Deviations, New policies circulars in order to have a better understanding of policy and decision making.
To take appropriate decision within authority level on all cases referred to the department on the basis of borrowers character and integrity, capability of repayment, business, economic and personal conditions, capital input and collateral available and recommend on the basis of same to higher level as per discretionary authority matrix.
Ensuring quality service to internal/external customers through adherence to agreed SLA’s for processing cases. Adequate market knowledge of UAE SME & Property market.
Check and decision daily transactions efficiently within the approved policy and procedure and in accordance with the approved level of authorities.
CUSTOMER SERVICE EXCELLENCE:
Ensure completion of cases within prescribed TAT and full adherence to SLA with Business Group.
Prompt resolution of all issues & queries raised by Branches in 2 hours maximum
COMPLIANCE AND INTERNAL AUDIT
Adherence to Operational Risk Guidelines.
Full Compliance to all relevant policies and procedures governing Risk-based underwriting & ensure a minimum SATSIFACTORY INTERNAL AUDIT Rating. NO Adverse audit findings with HIGH RISK Impact.
Resolution of all audit findings within prescribed timeframe.
PEOPLE MANAGEMENT
Should be able to manage the team in absence of the senior managers.
Allocate work/ supervises develops and conducts the appraisal review of junior levels staff to enhance their capabilities and ensure the effectiveness of their performance
Requirements:
Education And Experience
Bachelor’s degree, preferable Finance
6 to 8 years of Banking Experience including supervisory responsibilities, with at least 3 to 4 years’ experience in SME underwriting role.
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:
The role of the Job Holder is to manage a team of underwriters and take key decisions related to BAF applications of Individuals & Companies as defined in the Retail Credit Policy of the Bank. Prepare proposals for High value transactions as well as deviations related to the product level Credit Policy of the Bank are taken by the Job Holder as per the delegation matrix of the Bank.
Principal Accountabilities:
CREDIT APPRAISAL – ROLES & DUTIES
Decision high value transactions and escalations from the team in compliance with the Retail Credit Policy of the Bank.
Decision deviations to the Credit Policy as per the defined deviations matrix of the Bank.
Evaluate and escalate cases to the proper authority as defined in the Credit Policy of the Retail Banking PPGs.
Zero error & high level of productivity
Work with the front end & Client engagement to reduce error rate and increase straight through processing, thus reducing TAT for the Customer
Close coordination with Policy Team on Deviations, New policies circulars in order to have a better understanding of policy and decision making.
To take appropriate decision within authority level on all cases referred to the department on the basis of borrowers character and integrity, capability of repayment, business, economic and personal conditions, capital input and collateral available and recommend on the basis of same to higher level as per discretionary authority matrix.
Ensuring quality service to internal/external customers through adherence to agreed SLA’s for processing cases. Adequate market knowledge of UAE SME & Property market.
Check and decision daily transactions efficiently within the approved policy and procedure and in accordance with the approved level of authorities.
CUSTOMER SERVICE EXCELLENCE:
Ensure completion of cases within prescribed TAT and full adherence to SLA with Business Group.
Prompt resolution of all issues & queries raised by Branches in 2 hours maximum
COMPLIANCE AND INTERNAL AUDIT
Adherence to Operational Risk Guidelines.
Full Compliance to all relevant policies and procedures governing Risk-based underwriting & ensure a minimum SATSIFACTORY INTERNAL AUDIT Rating. NO Adverse audit findings with HIGH RISK Impact.
Resolution of all audit findings within prescribed timeframe.
PEOPLE MANAGEMENT
Should be able to manage the team in absence of the senior managers.
Allocate work/ supervises develops and conducts the appraisal review of junior levels staff to enhance their capabilities and ensure the effectiveness of their performance
Requirements:
Education And Experience
Bachelor’s degree, preferable Finance
6 to 8 years of Banking Experience including supervisory responsibilities, with at least 3 to 4 years’ experience in SME underwriting role.
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