Senior Associate - Risk Management

1 week ago Be among the first 25 applicants Emirates Investment Bank PJSC (EIBank) is an independent onshore private bank based in Dubai, United Arab Emirates, offering a wide range of banking and investment services to a select group of clients, supporting them through every stage of their wealth journey.Established in 1976 by prominent UAE business families, EIBank offers bespoke solutions across the full range of wealth management services, from asset management and access to global markets to advisory services.EIBank is a relationship driven bank, focused on building long-term partnerships. Our flexible and consultative approach enables us to offer customized products and solutions through innovative advice and services.EIBank is listed on the Dubai Financial Market since 2005 and its shareholder base is composed of highly respected UAE business families and private investors from the local community.Job Purpose: To ensure strong credit underwriting in line with Board of Directors approved Credit Policy and simultaneously ensuring adherence to underwriting standards from CBUAE.Key Accountabilities: Receive credit proposals from respective RM's and perform detailed credit analysis to assess • the credit worthiness of the proposal.Assess the gap in the required documents provided by RM's as part of the credit proposal and to seek clarification from RM's to ensure that all relevant information is available.Perform all necessary due diligence check including AECB and CBRB while preparing credit proposals to be presented to Credit Committee.Critically analyse and review the proposal/facility request in line with internal bank's policy and procedure and adherence to regulatory guidance from CBUAE.Engage with RM's to prepare new Product Program Guide (PPG) and simultaneously review it though CRO to present the PPG to New Product Development Committee.Assist CRO in updating credit policies and procedures to incorporate regulatory changes and establishing credit control around newly launched product.Assist Credit Risk Team to monitor and evaluate all active facilities (Lombard Lending and 1Margin Loan Facilities) to reduce/ prevent portfolio credit deterioration.Ensure to handle the documentation aspects of credit underwriting to ensure alignment from governance perspective: Documentation of Client Credit Files lodging.Minutes of the Credit Committee Meeting.Documentation of all the financial details provided by the client to perform credit assessment for audit trails in client's file.Upload documents in Document Management System (DMS).Documented history of all the credit clients since inception of the Loans.Evaluate financial status of potential customers, monitor existing clients, perform risk assessments, and generate informed credit reports.Assist Credit Risk Team in regular monitoring of credit portfolio and review credit adherence to policy and regulatory restrictions and guidelines.Alert the CRO to any emerging credit facility related deterioration to take adequate action and assign adequate provisions.Seek and obtain active Business feedback on delinquent exposures while maintaining objectivity in pursuing requisite remedial action(s).Assist Credit Risk Team/ Take lead in absence to monitor and report any excesses/ breaches and activate margin calls/ close-outs.Plan and meet external/ regulatory reporting deadlines.Monitor and report (internal) stakeholder compliance with credit risk policies and guidelines.Qualification & Experience: Total experience of 8 years to 10 years, with a minimum of 5 years in a credit role within the Banking industry.Proven expertise in credit underwriting, credit risk management, credit administration, and credit analysis.Master's degree – CA, CFA, or MBA highly desirable.Strong team player with excellent collaboration skills Proficiency in Arabic is an added advantage.Seniority level Seniority level Associate Employment type Employment type Full-time Job function Job function Other Industries Banking Referrals increase your chances of interviewing at Emirates Investment Bank pjsc by 2x Sign in to set job alerts for “Risk Management Associate” roles.Financial Planning and Analysis Analyst- EMSenior Financial Analyst - BRF Regulatory Reporting Senior Analyst / Associate – MENA Investment Banking Anti Money Laundering Analyst (UAE National Only)Financial Analyst, Energy Investment Conglomerate, Dubai, UAESenior Governance, Risk, and Compliance (GRC)Specialist- Dubai

Financial Services

Orient Insurance Dubai, Dubai, United Arab Emirates 23 hours ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr