About the job

• Position SummaryThe Credit Risk Analyst is responsible for reviewing, assessing, and analyzing credit proposals and credit files submitted by Relationship Managers (RMs), ensuring compliance with the bank's credit policies, risk appetite, and regulatory requirements. The role supports sound credit decision-making through detailed financial analysis, credit risk assessment, and preparation of high-quality credit recommendations.Key ResponsibilitiesCredit Risk AssessmentReview and analyze credit applications and credit files submitted by Relationship Managers (RMs).
• Assess borrower creditworthiness through detailed financial, business, and industry analysis.
• Evaluate financial statements, cash flow performance, leverage, liquidity, and repayment capacity.
• Identify key credit risks and mitigating factors associated with proposed transactions.
• Conduct risk assessments on corporate, commercial, SME, and retail lending facilities as applicable.
• Ensure all credit proposals comply with internal credit policies and regulatory guidelines.
• Credit File Review & Due DiligenceExamine customer financial statements, management accounts, bank statements, and supporting documentation.
• Verify completeness, accuracy, and quality of credit submissions.
• Review risk ratings and recommend amendments where necessary.
• Assess collateral, guarantees, and security structures supporting credit facilities.
• Highlight any policy exceptions and recommend appropriate risk mitigants.
• Credit Analysis & ReportingPrepare detailed credit assessment reports and risk recommendations.
• Present findings and recommendations to Credit Managers and Credit Committees.
• Monitor existing credit relationships and identify deterioration in risk profiles.
• Support portfolio reviews and periodic credit reviews.
• Participate in credit audit and quality assurance exercises.
• Compliance & GovernanceEnsure compliance with internal credit risk frameworks and bank policies.
• Adhere to regulatory requirements and risk management practices.
• Maintain accurate records and documentation of credit assessments.
• Support internal and external audit requirements related to credit risk.
• Stakeholder ManagementLiaise with Relationship Managers to clarify information and improve quality of credit submissions.
• Work closely with Credit Managers, Risk Teams, and Business Units.
• Provide guidance on credit policy requirements and documentation standards.
• QualificationsBachelor's Degree in Finance, Accounting, Banking, Economics, Business Administration, or a related field.
• Professional certifications such as CFA, FRM, CPA, ACCA, or Credit Risk certifications are advantageous.
• ExperienceMinimum 4 to 5 years of experience in Credit Risk within the Banking sector.
• Experience reviewing and assessing corporate, commercial, SME, or retail credit facilities.
• Experience working in banks outside the UAE is acceptable; however, candidates must currently be based in the UAE.
• Strong experience reviewing and auditing credit files submitted by Relationship Managers.
• Experience preparing credit recommendations and risk assessment reports.
• Skills & CompetenciesTechnical SkillsCredit Risk Analysis
• Financial Statement Analysis
• Credit Appraisal
• Cash Flow Analysis
• Ratio Analysis
• Risk Rating Methodologies
• Credit Policy Interpretation
• Portfolio Monitoring
• Credit Documentation Review
• Banking Regulations and Compliance