Credit Analyst

Role : Credit Analyst
Location : Abu Dhabi

Role Purpose:

Responsible for preparing customer credit proposals, preparing spreadsheets, financial analysis, and risk rating. Also to ensure monitoring and follow-up of approved lines, documentation deferrals, facility expiry and maintenance of credit files and all other private banking finance related administrative duties.

Key Accountabilities of the role

CAs – Analyze and prepare quality Credit Applications, Renewals, Credit Memos, Extension and CCRs. Highlight exceptions and provide concise recommendations.

• Renewal / Extensions: To commence the renewal process 2 months prior to CA expiry date of each client. Obtain all relevant information; review the existing securities, conditions, cash flows and compliance terms. Highlight exceptions and prepare a complete package. The CA to be fully approved prior to expiry date.

• Insurance: Monitor expired Insurance policies and ensure to request renewal at least one month prior to expiry date.

• Post disbursement compliance / pending security compliance / TM/RAC exceptions: Ensure all pending security compliance are obtained according to CA time lines and highlight exceptions in the latest CAs.

• Follow up with RMs / Team leaders: on the Pending compliance items / information required to complete the CAs.

• CAs: Scrutinize the CAs with the RM and compare with the CA conditions and revert to CRM, if needed.

• Once the CA is received, offer letter is to be arranged from CCD without any delay and ensure dispatching to customer for signature (through the Private Banker /RM).

• Arrange all the documentation (through Middle Office) for customer signature. Seek Legal & Credit Administration assistance in preparing both security & operational documentations etc.

• Arrange proper Legal and Sharia approvals in structuring and documentation

• Liaise and address all financing queries on existing and new financing

• Periodic Review / Maintenance:

• Filing - Properly co-ordinate with the Middle Office team for Filing to maintain properly organized credit files with accuracy and follow consistent filing procedures.

• Monitor accounts, repayments and due dates and bring any early warning signals to the attention of the RMs

• Track / monitor past dues and follow-up with RMs.

• Prepare CCRs whenever appropriate

• Act as back-up for Other Credit Analysts

• Handle additional tasks assigned by Head of CS and Head of PBG.

• Deliver professional financing services and ensure achievement of the PBG Credit Solutions risk and business objectives.

• Work pro-actively with internal and external clients, including with MPM / ADIB securities, etc to provide service and resolve problems.

RESULTS REQUIERD (KPI):

• Proper assessment of client requirements.

• Timely submission, accuracy, strict adherence to the bank policies on the credit proposals.

• Reporting to Head of CS of any information relevant to the credit.

• Obtain the clarifications sought on the financials from the customer.

• Strictly adhere to Bank’s Credit Policy and Procedures Manual and report any exceptions.

• Accuracy of the credit terms / conditions. To take note of the changes/ addition in the terms and conditions.

• To ensure no delays in delivering documentation.

• Finalize the documents in accordance with the credit approval as soon as possible so that, facility shall be disbursed without delay.

• To ensure all securities are kept under safe custody with Credit Control Department.

• To ensure accuracy of the numbers in all work duties.

• Proper credit monitoring and detection of early warning signals

Specialist Skills / Technical Knowledge Required for this role:

• University Degree

• Good knowledge of English and Arabic (spoken and written)

• Advanced Computer knowledge and operation

• Advanced Analytical skills

• Advanced Excel skills

• Advanced writing and presentation skills

• Solid knowledge of Sharia, financing and documentation

• Good team player

• Credit Skills / credit background with experience in corporate / commercial financing