Credit Risk - DIFC

Within the Credit Analyst/Underwriter function, the individual jobs will comprise different aspects and percentages of the following three broad categories: Credit portfolio management – 65% Risk related project management – 15% Development – 20% The bank is organized along the three lines of defense operating model. Group Credit is part of the control function in the second line of defense. Principal Responsibilities, Accountabilities and Deliverables of Role: The Credit Risk supports the Head of Credit Risk, who supports the first line of defense across various geographies, either as a principal or secondary point of contact. The GCA works across all transaction types, including sovereign, corporate, and financial institutions. The GCA provides support in interpreting the Group Credit Policy, related Standards, and Procedures. The GCA offers consultation on Credit Application Forms (CAF) to assess adequacy in explaining and mitigating transaction risks. Upon CAF submission, the GCA ensures compliance with group policies and requirements, comments on deficiencies, and indicates support levels (positive, negative, or conditional). On a sample basis (minimum of 10%), the GCA verifies correct spreadsheet compilation, covenant compliance, and delivery of additional conditionality. The GCA ensures that any documentation outstanding on the Out of Order (OOO) report is addressed in the CAF, with reasons provided to mitigate potential risks. The GCA monitors developments in the countries covered, with annual travel expected to inform the review of the bank’s exposure. The GCA ensures timely completion of annual reviews from each country. Additionally, the GCA may assist in sector-specific reports within a country or broader reports across jurisdictions. As part of portfolio management, the GCA identifies relationships or sectors that could elevate credit risk or threaten repayment, noting all such names on the report—Accounts Requiring Close Monitoring before potential downgrade to Risk Rating 8. 2. Risk related project management – 15% The GCA supports risk-related projects, which may range from departmental efficiency reports to large-scale transformational initiatives, providing assistance and recording contributions for career evaluation. 3. Development – 20% The GCA must pursue ongoing training, attending at least one external course annually and participating in internal seminars or presentations from experts. Job Context: The job holder is expected to: Balance risk prudence with market practices to support sustainable growth. Understand risk strategy and appetite documents. Monitor and analyze the bank’s corporate credit portfolio and clients. Ensure compliance with policies, standards, and procedures. Be aware of regulatory requirements in DIFC, Bahrain, and beyond. Job Requirements: Knowledge: Good understanding of credit products, risks, legal documentation, and corporate/balance sheet analysis techniques. Education/Certifications: Degree in finance or equivalent; Institute of Bankers or similar certification. Experience: Over 10 years of experience in UAE/GCC corporate credit, with strong market knowledge, contacts, and stakeholder management skills. Personal Attributes: Team player, good communication and presentation skills, accountable, transparent, and open. #J-18808-Ljbffr