Credit Officer, Administration

Job description / Role

Our client is a national leading financial institution based in Riyadh, Saudi Arabia. They are looking to hire a Credit Officer, Administration that will be responsible for reviewing credit facility proposal for Corporate and Retail customers forawarded to them by the appropriate departments / units.

The ideal candidate will have a direct supervision of the Credit Administration Manager and will be responsible for:
- Using the standardized process for evaluating credit proposals ensuring that all approved credits are within the Organization's Credit Risk Strategy.
- Perform credit assessments, and comply with established / approved credit risk policies and procedures, Regulator guidelines and Basel.
- Support the Senior Officer Credit Admisnitration and Credit Analyst in preparing a recommendation to extend, decline, or request further structuring / guarantees / collaterals to deal to minimize credit risk to meet the organization's credit risk standards.
- Maintain confidentiality in regards to customer information gathered in the credit assessment process.

Requirements

- Excellent oral and written communication skills in English and Arabic (preferred).
- Good quantitative modelling, analytical and research skills.
- Proficiency in risk concepts, banking products / operations / systems, pertinent regulatory requirements.
- Good understanding of credit risk methodologies (KMV, Credit Metrics, etc.)

About the Company

Cobalt is part of a leading international recruitment provider with offices in Europe, Singapore and New Zealand. Cobalt offers high quality HR consultancy, executive search, contingency recruitment and Emiratization services in Dubai and the wider MENA Region. It works extensively within the fields of Construction & Engineering, Banking & Finance and HR & Business Support.

Contributing to the regions development, we play a key role in identifying and attracting the very best talent to ensure the regions potential is realized. We also understand the importance of Emiratization in ensuring the long-term success of the UAE economy and have therefore pro-actively developed a strong network of UAE Nationals within our specialist areas.