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Job Purpose:
Maintain, support, and grow a credit portfolio, focused on one or more industry segments, which meets Mashreq’s Target Market and Risk Appetite framework.
Ensure and maintain a sound loan portfolio hence, minimizing loan losses and maximizing return on assets and shareholder’s equity.
Review, recommend and approve credit facilities based on delegated authority for existing and new clients based on a thorough evaluation of the credit worthiness, debt repayment capacity and RAROC requirements.
Developing and spreading a credit culture within branches, through training, counselling and advising. Recommend action plans for overcoming observed weaknesses.
Review credit policies and procedures on a periodical basis and recommend and implement changes where appropriate.
Early detection of warning signals at an industry or at the client level to ensure timely corrective action, and minimize loan losses.
Collaborate with Business to conduct stress test on the portfolio in a timely manner where required based on market outlook
Key Result Areas:
Maintain quality of loan portfolio, as measured by % of classified outstandings.
Take proactive steps to minimise Loan loss provisions which has direct impact on business profitability.
Minimize downward migration across risk grades.
Early detection of warning signals to ensure timely corrective action.
Maintain targeted turnaround time in credit assessment and decision.
Volume of credit proposals processed.
Accompany Relationship Managers / Team Leaders on calls where necessary, to maintain an awareness of market and business conditions.
Participate actively in Projects/focus groups for ongoing projects relating to enhancement of risk infrastructure, policies and procedures.
Untangle complex industry / business issues and simplify understanding enabling smooth and reasoned credit decisions.
Interact pro-actively within Group and across related operating / support divisions to find enduring solutions to on-going business issues.
Knowledge, Skills and Experience:
University Graduate. MBA or equivalent is preferred.
Minimum 5 – 10 years lending experience
High degree of lending skills (credit, analytical, judgement) across various industries / lines of business (Trade, Contracting, Industry).
Excellent written / verbal communication skills.
One of the UAEs best performing banks for over five decades, Mashreq is a leading financial institution with an expanding footprint across the Middle East and North Africa with a strong presence in the financial capitals of the world with international offices in Europe, Asia, Africa and the US.
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