Corporate and FI Credit Analyst

Credit Applications are allocated based on the agreed responsibility schedule delegated by the Head of Credit Underwriting.

The role will require handling of Credit Applications that reflect large limits and/or higher risk counterparties . There are discussed at IBCC before approval. For straightforward proposals (i.e., smaller limits and/or stronger risk counterparties), or for applications with prior discussions, approval is sought via email circulation. Urgent applications are subject to their respective deadlines, although the timeline may be extended based on the complexity of the application.

Principal Responsibilities

• 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 develop a good working relationship with Marketing Officers but remain independant.
• To attend IBCC meetings and present credit applications to the committee, if necessary.
• To 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.
• To gain adequate knowledge and awareness about current best practices in credit and risk management through reading and training.

In relation to the maintenance of the Bank's standards, the following will also be expected of the role holder in regards to professional standards;

• - Ensure knowledge and best practices are shared/transferred across the department.
• - Ensure all relevant quality, health, safety and environmental procedures, instructions and controls are adhered to so that the safety of employees, quality of products/services and environmental compliance can be guaranteed.
• Follow all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner, and to meet any deadlines.

Job Requirements:

Knowledge

• Knowledge of banking industry products/services and systems for example the Bank's systems to include CMS, Risk Management Reporting, Fermat, Moody's Risk Advisor, SNL, Moody's, Fitch, and Capital Intelligence.

• Ability to collaborate and communicate effectively.
• Analytical ability.
• Ability to interact with the key stakeholders in a multi-cultural environment.
• Accuracy and attention to detail.
• 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 professional 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 with FIs the preference
• 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.
• Any experience in assessing Trade Finance proposals would be a noted advantage

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.

This is an immediate requirement to join on a Fixed-Term basis, so interested parties urged to apply ASAP.