To provide credit risk analysis expertise in support of the Bank's commercial activity in all product lines and with all types of counterparties.
The successful Credit Analyst will review the following:
Credit Applications allocated based on the agreed responsibility schedule delegated by the Head of Credit Underwriting.
Credit Applications that reflect large limits and/or higher risk counterparties
Principal Responsibilities & Accountabilities
- To review Corporates and Financial Institutions with which the bank has or is proposing to have a relationship by analysing the latest financial information and assessing the risk.
- To ensure that reviews are undertaken in a timely manner by obtaining the necessary information in advance.
- To provide a consistent level of good risk appraisal, outlining the risks, strengths and weaknesses of the proposal and adding value in providing suggestions to strengthen the proposal.
- To provide clear and unambiguous recommendations of the risk proposals.
- To ensure a timely turnaround of credit proposals and reviews.
- Ensure that credit proposals adhere to the Bank and Group Credit Policy.
- To refer unsuitable proposals at an early stage to the Head of Credit.
- To monitor current developments which may affect any of the Bank's customers and recommend appropriate action, if necessary.
- To have an understanding of regulatory requirements relating to Financial Institution customers.
- To visit the Bank's customers, and potential customers, when required.
- To attend IBCC meetings and present credit applications to the committee, if necessary.
- Support the Head of Credit Underwriting and Head of Credit in ad hoc risk-related special tasks and projects, such as the preparation of risk acceptance criteria, as well as coordinating with other risk units in relation to policy/operation procedures/implementation.
- To comply with all relevant external legal, regulatory and reporting requirements.
Job Requirements:
Knowledge
* Knowledge of banking industry products/services (especially trade finance products)
* Ability to collaborate and communicate effectively.
* Analytical ability.
* Ability to interact with the key stakeholders in a multi-cultural environment.
* Ability to examine the linkages and interactions between different type of risks (credit; regulatory; operational; transactional; etc.).
* Critical thinking and decisiveness.
* Ability to work under pressure.
* Good language skills in English (Arabic would be an added advantage).
Education / Certifications
* Bachelor degree in business or equivalent, or credit banking experience.
* Preference: A globally recognized post-graduate Credit or Risk qualification and/or an institute of bankers or similar professional associateship or fellowship from a globally recognized institute (e.g. CFA, FRM, MBA or MSC)
Experience
* 5-7 years relevant experience in FI and corporate credit functions ideallyin a European Bank.
* Knowledge/experience of GCC and MENA markets, including a good understanding of the FI and corporate clients, economic sectors, macro-economic factors and related country risks within the region is a benefit.
* Fair amount of experience in assessing Trade Finance proposals.
Personal Attributes
* Effective Communications and Negotiations- written and verbal.
* Ability to Lead, Motivate, and Promote Good Teamwork.
* Initiative, Confident with Commitment, and Quick Decision Maker in High-Pressure Environments.
* Problem Solving, Flexibility and Conflict Resolution Skills; taking an optimistic and realistic approach.
* Organizational Ability and Agility - working to deadlines.
* Detail Oriented.