Senior Manager - Credit Administration

The Company:

Our client is a Leading Islamic Bank in Bahrain. They have maintained their leading position in the Islamic banking sector through adopting innovative Islamic investment and financing products. They are currently looking to recruit a Senior Manager- Credit Administration.

Duties & Responsibilities:

Develop and implement comprehensive procedures and information systems to monitor the bank's corporate credit portfolio.
Define criteria for identifying and reporting potential problem credits and other transactions to ensure that they are subject to more frequent monitoring as well as possible corrective action.
Ensure that all security documentation complies with the terms of approval of a credit facility.
Ensure compliance with internal policies and procedures and external regulatory requirements and that the internal and external audit recommendations are implemented.
Ensure that department operations, including the preparation of loan documentation, provisioning and reporting of exceptions are done in timely and efficient manner.
Monitor security coverage to ensure appropriate coverage is in place over assets pledged as collateral, and is properly assigned to the Bank.
Effective review and assurance of loan disbursement documents (Deal booking) appropriateness, and that all terms and conditions of approval has been met, and all security documentation is in place.
Monitor borrower's compliance with covenants and agreed terms and conditions of a facility
Centralize the information system through keeping the credit file of corporate and commercial clients
Maintain centralized filing system for all credit risk exposure and control credit files and security documentation.
Establish and manage the Collateral Management System
Preparation of the regular Senior Management Reports outlining status of documentation of account and the regular requested CBB Reports
Notarization of pledged security are requested CBB Reports
Manages the MIS reports and monitoring the risk on timely basis
Communication of financing facility to operational department for execution through central operation system.
Ensure proper review of the original security documentation and issuance of Advice of Approval to the related departments (Business units & operation).

Requirements

Qualifications & Experience:
Degree in Banking and Finance or any other relevant qualification.
Minimum 6 years of experience on Credit Administration on different responsibilities
Extended experience in credit Administration & credit review
Know-how tools, with regards to assessment of credit proposals facility documentation package & credit reporting
Self organized and disciplined
Speed and rigorous in the execution of the tasks
Active team player
Communication 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: