Manager, Retail Credit Policy

Job description / Role

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World's Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.

This senior role is responsible for formulation, update and management of Credit Policy, Credit & Risk Control standards and Product Programs from a Credit, Collection & Risk perspective for all unsecured Asset products under the domain of Personal Banking & Retail Attijari Al Islami.

You will be expected to contribute to a profitable and sustainable growth of PBG & Attijari Al Islami portfolio across various unsecured Asset products by ensuring quality and timely preparation and review of MIS reports & analytics within agreed Service-levels to reduce NPL bucket-provisioning directly impacting the Bank's P&L.

You will be responsible for Portfolio Analytics and suggesting correctional or remedial measures to reduce NPL bucket-provisioning directly impacting the Bank's P&L.

Other responsibilities will include:

- Based on MIS and Analytics , responsible for suggesting changes to Policy including new Policy, modifications to Policy etc. from a Credit & Risk perspective.

- Responsible for managing Scorecard, Limit management and impairment model management including other related Risk models to identify both risk and opportunity areas.

- Keeping track on the portfolio performance, being in close coordination with Collections teams on the delinquency status, and ascertain implications of any policy changes.

- Initiate action to enhance / improve process change for unsecured products portfolio highlights.

- Continuous Data validation & quality check of the front end Loan Origination to improve data quality.

- Oversight and control on regular MIS generation ensure its accuracy, timely reports submission to stakeholders for Retail products.

- Responsible for presenting Credit & Risk Management packs in various forums including PBG-Credit Committee, in a back-up capacity for HORP.

- Implement Technology and Reengineering initiatives relating to DFC, BPM, CVX-R and AECB System platforms including process and system migration to WNS for outsourced services besides implementation of various RMD strategic Tools required in accordance with approved Credit Risk Management framework.

- Contribute to Development of Personal Banking, Business Banking and Retail Attijari Al Islami assets' business for building a healthy Portfolio.

Requirements

- Bachelor degree or higher in Finance/ Business Intelligence / Analytics.

- Preferably working in the Risk department in a Bank in a similar position.

- Possesses knowledge of Credit Appraisal and Credit Risk.

- High Proficiency in Analytics, EXCEL & SAS, scorecard development and monitoring.

- Communication Ability - written and spoken

- Total Banking experience of 8 years'+ of which minimum 5 years' in Credit & Risk functions at various levels preferably across different Banks/NBFIs.

- Should have managed - Retail Credit Policy, Portfolio Analytics & MIS and System & Risk-model implementation

- Strong understanding of Banking operations, policies & procedures, External economic/market environment including UAE Central Bank and other Statutory guidelines

- Strong Analytical skills and Excellent Communication skills

- Database management including Risk models and Reporting tools

- Planning, Organizational and Presentation skills.

- High level of Inter-personal and Negotiating skills.

- Strong Leadership qualities

- Confident Decision maker backed by experience and facts with justification.

- Effective Networking cutting across various Stakeholders.

- Automation of Processes by constant Re-engineering initiatives.

About the Company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.