Job closed
Ref: HP279-2952
Job description / Role
My client a leading bank within the UAE is seeking to attract a Credit Administration Risk Analyst to work within Middle Office, Risk Control.
Sitting within Risk Control, the principal responsibilities of the role is to ensure robust monitoring of collateral agreements across the group, security documentation, conditions and covenants& sanction expiry.
Focused on daily preparation of reports and risk related MI and liaise with the business functions to ensure all documentation is in place and that all documentation gaps are being rectified.
In the role you will:
* Run collateral valuation process and identify shortfall cases - collateral monitoring
* Ensure all security documentation is in place and track all deferrals
* Communicate to all RM's any upcoming document expiry issues to ensure they are actioned
* Ensure generation of reports on conditions & covenants are performed. Identifying when they fall due etc
* Monitor excess over limits report and identify the types of excess that occur and if they have approval
* Sanction expiry monitoring and inform RM's of all upcoming issues
* Ensure appropriate action is taken after expiry as per the Groups credit policy
Requirements
* Degree holder
* Strong background in Credit Administration and Collateral Management
* Strong collateral management, security documentation and limit monitoring experience
* Exposure to Intellect Systems
* Superb communication skills both internal and external
* Strong Credit and Collateral reporting
* 3-8 years exposure in a similar role at a large bank
About the Company
Mackenzie Jones Middle East has decades of recruitment expertise in various industry sectors. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies and candidates as individuals who have unique needs.
So we always listen, constantly learn, occasionally challenge and frequently advise. Its all part of a service renowned for its courtesy, consideration and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries and with the right regional expertise, we are the leading specialists.
Were growing rapidly because people appreciate our honesty, commitment and results.