Credit Review Officer

Job description / Role

Company:
Our client is a leading provider of commercial and retail banking services. The bank was established in 1957 with a nation-wide network of 25 branches.

They are currently looking to recruit Credit Review Officer for their offices in Bahrain & Riyadh

Duties & Responsibilities:

- Perform activities within the assigned Credit Risk Strategy that reflects the Bank’s tolerance for risk and the level of profitability the Bank expects to achieve for incurring various credit risks.
- Use standardized process for evaluating credit proposals ensuring that all approved credits are within the bank’s Credit Risk Strategy.
- Build and maintain strong and effective relationship with the all other related departments and units to achieve the Bank’s goals/ objectives.
- Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.
- Adhere to the Turn around Times (TAT) specified in the Service Level Agreements (SLA).
- Perform credit assessments, and comply with established/ approved credit risk policies and procedures, CBB guidelines and Basel.
- Coordinate with business unit Relationship Managers for the timely receipt of customer documents/ other information required to evaluate the credit worthiness of the proposed borrowers.
- Assist in the assessments on credit proposals by preparing a report which analyzes the various credit risk facets to measure a final credit risk rating including an assessment of the requested facility and guarantees provided, client management and background, industry analysis, country analysis, external agency credit rating (if applicable), financial and cash flow analysis and the risk rating from the credit risk rating tool.
- Support the Head of Credit Review in preparing a recommendation to extend, decline, or request further structuring/ guarantees/ collaterals to the deal to minimize credit risk to meet the bank credit risk standards.
- Coordinate activities with business units to ensure the timely processing of customer credit requests within established TATs.
- Possess an understanding of business processes and controls in all related credit/ operational areas.
- Production of quality Financial Risk Memorandum in respect of accounts assigned addressing all critical risk issues.
- Ensure credit application completeness jointly with Account Officer.
- Research industry data using tools such as the Bloomberg and Reuters services, financial publications, etc.
- Analysis of economic, political environment and forecast for countries assigned and completing country assessment statements recommending appropriate limits.
- Analysis of Banks/Financial Institutions to set up suitable limits.
- Maintain an understanding of all pertinent regulations as well as best practices pertaining to the overall credit operations
- Maintain utmost confidentiality in regard to customer information gathered in the credit assessment process.

Requirements

Experience & Qualifications:

- Bachelor degree in finance, economics or related subjects. CA or MBA preferred.
- Minimum of 8 to 10 years experience in a major bank’s credit risk function.
- Excellent oral and written communication skills in English and Arabic (preferred).
- Good quantitative modelling, analytical, and research skills.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

• Banking & Finance
• Human Resources
• Oil & Gas
• Construction
• Architecture & Engineering