Ref: HP905-1144

Job description / Role

Job Type
Full Time
Job Location
Dubai, UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Finance, Business Analysis & Consulting
Company Industry
Banking - Corporate

About us

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.

Responsibilities

  • Receives credit proposals for GREs and examines them to ensure completeness of supporting information and documents and compliance with the bank's requirements.
  • Undertakes detailed analysis of proposals by strictly adhering to:
  • Basic principles of lending
  • Bank's procedures and policies
  • UAE Central Bank rules
  • Regulations wherever applicable to assess quality and proper asset selection.
  • Conducts proper due diligence as to identification of gaps, if any, in terms of disclosures or information in proposals.
  • Prepares a clear, well-structured credit summary for presentation to CC and BEC. CC and BEC decisions are based on this credit summary.
  • Addresses further queries or requirements if any are raised by CC or BEC members.
  • Exercises the delegated approval authorities within the matrix approved by the CC, enabling the incumbents to have approval powers for a certain level of transactions within the managed portfolio of clients.
  • Supports the Unit Head and Head of Wholesale Credit on various ad-hoc projects relating to improvements in credit processes.
  • Actively participates in Triple C and portfolio monitoring exercises.
  • Responsible for the quality of the allocated portfolio. Timely escalates any critical issues to senior stakeholders.
  • Requirements

    Qualifications

  • Masters of Business Administration or Commerce
  • CFA minimum Level 2 (preferable)
  • Experience

  • 10 to 12 years of corporate banking experience with a minimum of 7 years in the Corporate Credit function.
  • Skills

  • Written and spoken English
  • Excellent analytical, report writing, and presentation skills
  • Strong working knowledge of MS Office, mainly Excel
  • Competencies

  • Good writing skills along with analytical thinking and problem solving
  • Stakeholder management and communication skills
  • High level of commitment in every aspect of work and CBD values
  • 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.

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