JOB PURPOSE:The purpose of this role is to lead a team of credit analysts in the Consumer Banking Islamic credit underwriting function [Mortgage Loans] with the objective of taking credit ownership from underwriting to obtaining/providing necessary approvals for the clients. The role will also ensure all propositions are in compliance with Group Credit Policy, frameworks and guidelines. The role will also be expected to provide guidance and expertise across full spectrum of product offering(s) working with the Business & Product teams.KEY ACCOUNTABILITIES:Generic Accountability

• Ensure that appropriate Target Market Risk Acceptance Criteria, Product program parameters and Group Credit Policy guidelines are followed as part of credit approval process.
• Participate and represent credit in the due diligence process for prospective credit deals in collaboration with Business/ Product teams and ensure that emerging risk factors are identified and are suitably addressed with appropriate mitigants.
• Conduct and guide a team of analyst(s), to conduct robust credit analysis and obtain/provide appropriate approvals.
• Advise Relationship Managers/Sales Teams/Branches on the risk factors associated with complex transactions, and the clauses imperative in mitigating these.
• Ensure timely availability of required information to senior management for credit and strategic decision making.
• Guide Sales/branch/distribution / Product teams on credit appetite and ways and means to optimize the same to achieve optimal risk-reward balance as per established guidelines.
• Coordinate with internal counterparties (CAD, Legal etc.) to provide guidance on risk assessment, credit risk rating, and documentation.
• Ensure accuracy of data being presented to various stakeholders including senior management
• Ensure sufficiently robust models & systems exist to capture the critical credit related information (Risk rating models, collateral management system etc) that allow for accurate identification of risk profiles/ratings in all asset categories.
• Recommend amendments to the Bank\'s credit policy, procedures, Risk Rating models, credit memorandums, risk criteria etc based on lending experience and market expediencies ensuring it is aligned with overall Bank\'s risk strategy & policy.
• Ensure satisfactory rating in audits through proactive actions and ensure all recommendations are implemented.

Job Specific Accountabilities

• Manage credit Initiation hubs for allocated facilities- Mortgage loans (Conventional & Islamic) to ensure efficient and effective operations that support the risk tolerance of the Bank while also facilitating desired asset growth objective
• Oversee generation of comprehensive credit papers clearly outlining key risks, mitigations and recommendation for presentation to the Approving Authority for prospective and existing clients under assigned portfolio.
• Engage with the stakeholders from sales/distribution/branch & products units to steer the credit portfolio of the business segment in line with the Bank\'s strategic and risk guidelines.
• Ensure credit processing & approval turnaround times as per agreed SLAs.
• Monitor the credit quality of the portfolio regularly and engage the senior management of business units regularly to ensure compliance with the approved framework.
• Review exception and portfolio reports as applicable and keep abreast of the clients account conduct, financial standing and latest developments occurring in their respective segment/market so as to provide appropriate recommendations with regards to change in risk appetite / ratings /classification.
• Manage problem credits closely, and recommending appropriate strategies and remedial action plans. Identify defaulters and recommend immediate remedial arrangements for maintaining a quality credit portfolio.
• Ensure asset classification and provisioning is in line with statutory and policy guidelines including any risk downgrades.
• Providing senior level advisory support on credit policies, lending structures, documentations and guidance to business heads/units in managing complex credit risks, providing practical solutions.
• Contribute to enhancement of knowledge and expertise of other team members by participating in training and development initiatives.
• Mentoring the credit team members with the view to develop them for their career progression.
• Enhance the use of technology in the credit initiation management to increase the efficiency and effectiveness of the Department.
• Process Rationalization in order to increase operating efficiency of team and system.
• Innovate & work towards improving decision process to reduce overall E2E TAT.

Job ContextSpecific AccountabilityThe stated objective of the Bank in respect of Consumer Banking segments is to become the market leader in UAE and the region Clients, in this segment range from low income to High & Ultra High Net Worth Individuals.Various Loan facilities are offered to diverse client groups in Consumer Banking. Accordingly the job holder is expected to demonstrate deep knowledge of products, industry, markets, financial statements so that he/she can work across all product groups and respond in a timely manner. Hence it is critical that the job holder, among other credit skills, is able to demonstrate the following:

• A thorough understanding of risks associated with different collateral types, valuation and monitoring processes
• Good understanding of documentation/legal requirements for different types of credit facilities
• Strong initiative and interactive approach to problem solving while displaying flexibility and independence in a demanding environment.

Although a member of the second line of defense, the job holder is expected to play a strong partnership role. He/She is expected to be solution oriented and requires out of the box thinking without seeking to dilute the high standards of credit.QualificationsQUALIFICATIONS & EXPERIENCE:Minimum Qualification

• Must have Bachelor\'s degree.
• Desirable: - Masters in Business Administration (MBA) or any other relevant finance degree, professional certification

Minimum Experience & Skill Set

• 8-10 years\' relevant experience in the banking sector with at least 4 years in similar positions of progressively increasing managerial responsibilities in the Credit function.
• Expert knowledge of various credit products
• Ability to look into and beyond Personal Net Worth Statements/financials and see business proposition.
• Strong structuring skills
• Good understanding of legal and regulatory framework.
• Ability to work under pressure
• Demonstrated strong people management skills.
• Strong communication skills - written and spoken.

First Abu Dhabi Bank