Head of Credit Review

Job description / Role

Our client, one of the leading financial institutions in the GCC are looking to bring on board a Head of Credit Review for their branch in Riyadh, KSA. The role will report to the branch manager.

Job Purpose:

Protect the bank assets by ensuring proper pre-sanction appraisal, post-approval administration, ongoing risk identification, monitoring, mitigation and management. Act as support function for independent risk analysis, facilitating booking of good quality assets meeting the bank’s risk appetite.
- Prepare desired reports for Head Office and local authorities.
- Represent the bank in local Credit Committee.

Principle Responsibilities:
- Prepare high quality reviews in a timely manner and ensure approvals are received prior to expiry of valid limits, missing documentation is obtained and limits are established in a timely manner, new proposals should be assessed and CAs prepared in a timely manner..
- Maintain high standard of credit administration to retain/upgrade the credit rating accorded by ICR, external auditors and SAMA requirements.
- Enhance the professional skills of departmental staff through in depth on the job training and assigning them to suitable courses with a view to improve their productivity.
- Ensure all casual excesses are regularised with the stipulated time frame.
- Ensure compliance with stipulated policies and procedures thus ensuring that no adverse audit comments.
- Vet thoroughly all complex documentation prepared for corporate accounts to ensure adequate protection to bank asset.
- Ensure agency desk is administrated in a proper manner, covenants are followed up and deviations are highlighted in their respective CAs.
- Ensure adequate follow exists in respect of classified accounts, PDOs, and inactive accounts with a view to improve collections and minimise losses.
- Prepare market/sector studies as necessary to help identify potential business areas to be exploited and potential risk areas to be avoided.
- Review the credit policies and procedures of the branch from time to time , and ensure that recommendations are submitted for changes if warranted by changes in the environment, markets, laws…etc.
- Function as Branch Credit Committee member to approve/decline CAs..
- Prepare reports on profile review.

Job Context:
- Assist manager Credit Dept is concerned with protecting the Bank’s asset, by vetting all CAs, regularising deviations, ensuring adequate follow-up in respect of classified accounts , PDOs, inactive accounts, with a view to improve collections and minimise losses.
- The post holder should have experience in credit analysis and relationship management. He should have an analytical mind, sound technical skills in analysis of credit and legal risk and the ability to work on complicated documentation.
- Requires good organisational skills in order to delegate appropriately to his subordinates to ensure credit reviews, approvals, missing documentations are obtained and limits are established in a timely manner.

Requirements

- Good command of Arabic and English.
- Nationality: preferably Saudi , if not an Arabic speaker.
- Post graduate degree in Business, Finance and/or Accounting.
- Competent in MS Word and Excel.
- Over 5 years experience with reputable financial institutions in credit appraisal at management level.
- Strong verbal and written communication skills.
- Must be able to make decisions requiring analytical , interpretative, evaluative and constructive thinking.
- Must be able to deal with customers at corporate level with tact and diplomacy.
- Must have good management skills of organisation delegation and trouble shooting.

About the Company

AXIZ Consulting is based in the Dubai International Finance Centre and offers a bespoke, highly consultative recruitment service to local and international organisations across the GCC in both professional services and primary industries. Its founding two members come from a blend of executive search and contingent recruitment and they have taken some of the best practices of executive search and applied this to contingent recruitment in order to produce a service which offers maximum value to clients.

In order for us to build a successful company, we identified a core aim: to offer our clients a service that surpasses that of our competition. In order to do this, we have put into place both internal and external processes that ensure clients receive a consistent and professional service which gets the right results, in the right way.