Job Category: Specialist - Credit - CIBJob Description:Job Purpose:The purpose of the Job is to assist VP, Structured Debt in preparation of credit memo along with running the rating models. The role will include ensuring that the reporting aspects of the team - including internal monitoring , regulatory etc. are undertaken by the Specialist. The role will be in UAE.Key Accountabilities:Generic Accountability Portfolio
Update and maintain portfolio monitoring for the Structured Debt Portfolio along with SWF and FS Portfolio.
Monitor early warning indicators in order to identify potential problem accounts and liaise with Business Units for ensuring suitable action plans are in place to rectify the situation at an early stage.
Monitor accounts regularly and follow-up with Business units on terms and conditions to ensure compliance with the approval conditions.
Policies
Continually ensure that best in class Credit Policies and Programs are in place. All transactions are within credit policy and any deviations apporpiately highlighted un der CA Pack.
Process
Assist VP in preparation of credit application in line with the prescribed format.
Assist VP in waiver analysis / processing is being done on time in conjunction with the CIB teams.
Assist Risk department in various Central Bank reporting and Audit queries
People
Colloborate with key stakeholders (Coverage, Product and Risk) to ensure functioning of various tasks is conducted in a smooth and efficient manner.
Job Specific Accountabilities:
Assist VP in analysis of complex structured transactions.
Update and Maintain monitoring system at Portfolio levels.
Undertake ad-hoc projects or duties as assigned by Head of Department.
Monitor all key portfolio parameters periodically and ensure that the deviation of portfolio to the credit policies are minimal.
Assist VP in all aspects of their work to ensure the department tasks are conducted in a smooth and efficient manner.
Qualifications & Experience:Minimum Qualification
Bachelor's degree along with MBA in Finance from Tier 1 college / CFA;
Minimum Experience
2-3 years' relevant experience in the banking sector.
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.
