Analyst, Retail Credit Controls

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.

Job Purpose:

• The key responsibilities of this role are to conduct a Post Approval Review on a sample basis of Personal Loans, Credit Cards, Overdraft, Mortgages and BAF applications for compliance to the Credit Policy guidelines of the Bank.
• This role is also responsible for the maintenance update & induction of new companies to the Target Market List (ALOC) of the Bank.

Primary responsibilities are as follows:

• The key responsibilities of this role will be to conduct a Post Approval Review, on a sample basis, of Personal Loans, Credit Cards, Overdraft Mortgages and BAF applications for compliance to the Credit Policy guidelines of the Bank.
• The role will also conduct sample checks on our DFC and STP applications to ensure that the approvals are as per the defined policy guidelines.
• The role will be responsible for the maintenance of the Target Market List (ALOC) of the Bank. This includes evaluation & assessment of companies on the criteria of listing as defined in the PPG.
• The suspension of companies based on performance dormancy and other factors defined in the PPG is also managed by this role.
• Checks on the profiles of the Customers, post approval on a sample basis will be managed by this role.
• Any discrepancies in approvals related to the deviation and delegation matrix will be highlighted by the role to the Head of Credit Policy.
• The Role will monitor approvals given by Credit Appraisal and check their compliance with the Credit Policy Guidelines as mandated by the PB CC.
• Credit Approval Authorities and their adherence by the Credit Appraisal unit will be monitored by this role.
• Checking of the Limit assignment on Cards and Overdrafts, basis the approved limits will be the responsibility of this role.
• The role will also conduct sample checks on CPVs of the Customer and Company. Any deviations to the guidelines laid down by the Credit Policy will be highlighted to the Head of Retail Credit Policy.
• The role is responsible for creating and maintaining a Credit Approver scorecard which will capture their error rates.
• The role will be involved in new policy rollouts and ensure their compliance by the Credit Approval Unit.
• The role will issue a monthly report on Credit approval issues, errors and rectification measures

Requirements

Requirements:

Education and Experience:

• Graduation in Finance/ Computers / BBA
• 7 - 8 years of having handled Retail Credit Control
• Credit analysis Experience

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.