Senior Corporate Credit Manager
2 days ago
**Job Title:** Senior Corporate Credit Manager
**Overview:** First Abu Dhabi Bank is seeking a highly skilled Senior Corporate Credit Manager to join our team. As a key member of our Credit Department, you will be responsible for preparing, reviewing, and recommending credit facilities for a portfolio of Corporate & Commercial clients.
**Estimated Salary:** AED 20,000 - AED 30,000 per month, depending on experience.
**Key Responsibilities:
- Guide a team of analysts to ensure robust credit analysis is being conducted and appropriate approvals are obtained within the bank in a timely fashion.
- To complete due diligence process for prospective deals in collaboration with Coverage/ Product teams and ensures that emerging risk factors are identified which are addressed by the Term Sheets developed by Product team.
- Provide initial feedback at GLM stage and ensure that appropriate Risk Acceptance Criteria and CIB GCP guidelines are followed as part of GLM approval process.
- Advises Relationship Managers on the risk factors associated with complex transactions, and the clauses imperative in mitigating these.
- Ensures timely availability of required information to Head of Credit / Unit Head for credit decision making.
- Participate in (large, complex) client relationships through client visits / conference calls as part of transaction initiation and monitoring
- Guides Corporate & Investment Banking Departments /Global Banking- Corporate Finance with different ways to optimum utilization of credit facilities by the corporate customers without compromise on credit quality.
- Coordinate with internal counterparties (CAD, Legal etc.) to provide guidance on risk assessment, risk rating, and documentation.
- Ensure accuracy of data being presented to various stakeholders including senior management
- Obtain accurate and current information and update the Risk systems (Risk rating models / TOAs, etc) that allow for accurate identification of risk profiles/ratings in all asset categories.
- Recommend amendments to the Bank's credit policy, procedures, Risk Rating models, credit memorandums, risk criteria etc based on lending experience and market expediencies ensuring it is aligned with overall Bank's risk strategy & policy
**Required Skills and Qualifications:
- Bachelor's degree in a relevant field.
- At least 10 years of experience in the banking sector with at least 7 years in similar positions of progressively increasing managerial responsibilities in the Credit function.
**Benefits:
- Competitive salary and benefits package.
- Opportunities for career growth and professional development.
- A dynamic and collaborative work environment.
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