Credit Officer

Credit Officer Reporting to Deputy Finance Manager Job Purpose: To assess and approve lease credit applications, ensure compliance with internal credit policies, monitor receivables, and support the leasing team by minimizing financial risk and ensuring sound credit practices.Key Responsibilities: Credit Assessment & Approval•Review and assess credit applications for individual and corporate leasing clients.•Evaluate financial documents such as bank statements, audited financials, and credit bureau reports.•Approve or recommend lease credit limits based on risk profile and company criteria.•Ensure all lease contracts are financially viable before approval.Lease Agreement Support•Work closely with the leasing sales team to provide timely credit decisions.•Validate customer documentation prior to lease activation (trade licenses, Emirates IDs, guarantees, etc.).•Coordinate with legal, operations, and sales teams for lease agreement execution.Receivables Management•Monitor active leasing accounts and follow up on outstanding payments.•Investigate overdue accounts and initiate collection procedures.•Maintain updated receivables reports and escalate high-risk accounts to management.Risk Control & Compliance•Identify potential credit risks and take necessary actions to mitigate exposure.•Ensure full compliance with UAE laws, regulations, and company credit policies.•Maintain accurate records of all credit approvals, rejections, and supporting documents.Reporting•Generate and submit periodic reports on lease portfolio risk, approvals, collections, and delinquencies.•Provide insights and recommendations to management for credit policy improvements.Qualifications & Experience: •Bachelor’s degree in finance, Accounting, Business Administration, or a related field.•A minimum of 2 years’ experience in credit assessment, preferably within banking industry•Strong knowledge of UAE credit practices and regulatory framework.•Experience with credit bureaus and financial statement analysis.Please note only shortlisted candidates will be contacted! Thank you for your interest in joining us! #J-18808-Ljbffr