Job Category: Credit Analyst - Pvt. BankingJob Description:The purpose of this role is to take credit ownership from underwriting to obtaining necessary approvals for the assigned portfolio of clients within the Wealth Banking. Aside of ensuring all propositions are in compliance with Group Credit Policy and guidelines, the role's purpose is also to provide guidance and expertise across full spectrum of product offering(s) working with Coverage & Product teams as also engaging with the client, where necessary, in structuring and propositioning so that the twin objective of client needs and Bank requirements are met in a swift and expeditious manner.Responsibilities:Specific AccountabilityThe stated objective of the Bank in respect of Wealth Banking is to become a market leader across GCC in the priority banking arena. Clients, in this segment include the High Net Worth Individuals &/or all of their group entities representing diverse interests ranging from operating businesses to wide range of investment needs across various asset classes.Loan facilities to the High Net Worth and Ultra High Net Worth clients are structured around the loan size, collateral type, tenor and the financial strength of the borrower. Credit facilities are offered under various lending structures such as Leveraged Investments, Lombard facilities, Commercial/Residential Real Estate and Insurance Financing.Accordingly, the job holder is expected to demonstrate deep knowledge of products, industry, markets, financial statements so that he/she can work across all product groups and respond in a timely manner. Hence it is critical that the job holder, among other credit skills, is able to demonstrate the following Wealth Segment specific skill set:A thorough understanding of collateral valuation and monitoring processesGood understanding of documentation/legal requirements for different types of credit facilitiesHands on knowledge of capital market products, derivatives and margin requirementsStrong initiative and interactive approach to problem solving while displaying flexibility and independence in a demanding environment.Although a member of the second line of defense, the job holder is expected to play a strong partnership role. He/She is expected to be solution oriented and requires out of the box thinking without seeking to dilute the high standards of credit.Qualifications:Minimum QualificationMust have Bachelor's degree.Desirable: - Chartered Accountant/ Masters in Business Administration (MBA) or any other relevant finance degree, professional certification charter (CFA/FRM etc) or diploma.Minimum Experience & Skill SetMinimum 10 years relevant experience in the banking sector with at least 4-5 years in Credit function.Expert knowledge of various credit products such as Lombard lending, Real Estate financing, FX and Derivatives.Expert knowledge of various Investment products such as bonds, sukuks, stocks, mutual funds, structured notes etc.Ability to look into and beyond Personal Net Worth Statements/financials and see business proposition.Strong structuring skillsGood understanding of legal and regulatory framework.Ability to work under pressureStrong communication skills - written and spoken.About Us:About Us:First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.Life at FAB:Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organizationCareer Development:FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.Our Values:At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.Join our team and be part of a journey to shape the future of banking.
