Senior Credit Specialist - Business Banking

Job description / Role

Job Purpose:

- Job holders at this level are directly responsible for conducting assessments of completed credit proposals related to the Business Banking - Tier 1 segment of the portfolio. Complexities of applications vary, ranging from complex, standard to multi-entity. Analysis is conducted through the application of well-developed investigative and analytical skills and processes. Their findings will form the basis of ultimate decision making.

Principal Accountabilities:

- Receives credit proposals under Business Banking (Tier 1) Segment and examines them to ensure completeness of supporting information/ documents and compliance with Bank's requirements.
- Undertakes detailed analysis of proposals by strictly adhering to:
- Basic principles of lending
- Bank's procedures & 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/ information in proposals
- Addresses and clarifies issues or points raised at the review stage prior to preparation of the SWOT Analysis
- Prepares credit proposals with SWOT Analysis covering all significant factors (Strengths & Risks) for review and recommendation by Team Leaders, ensuring accuracy and completeness.
- Addresses further queries/ requirements if any required by the Team Leaders / Unit Head for decision making or initiation of the decision process.
- Communicates the Management decision on credit proposals to Business Analysts, RMs, Branch Managers, Segment Heads, Other Units & Unit Heads
- Maintains proper records for receipt, processing & disposal of credit proposals/ JETS for monitoring reports, internal/ external requirements

Requirements

Qualifications:

- Bachelors Degree in a Commerce discipline

Experience :

- 4/5 year's finance experience with 2 years in general banking and 2/3 years in the Credit function

Skills:

- Written and spoken English - Arabic preferable
- Good Analytical/ Report writing skill
- Computer literate with strong working knowledge of business software applications, particularly spread sheets

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.