Barclay Simpson are currently working with a market leading Bank to recruit an experienced Chief Credit Officer for their Head Office in the UAE. This role is responsible for the full end to end corporate credit life cycle including: setting credit policy, managing the credit and loan closing processes, provides oversight of the credit granting process at the bank, provides credit guidance to lenders, performance evaluation, effective monitoring and control of portfolio and its compliance and early identification of high risk accounts to minimise the loss. Candidates applying must have solid corporate banking experience.
Develop and formulate appropriate strategy and budget for Corporate, retail, Remedial and Credit Administration and forward to Group Head to review and approve
Preparation of materials and acting as chair of the Credit Risk Management Committee and Watch List Committee.
Recommend enhancement of credit policies and procedures as required
Direct and oversee all corporate, retail, remedial and credit administration functions whilst preserving a high quality client portfolio
Develop and manage a total staff of c30/40 individuals
Ensure adequacy the credit coverage and provisioning of relevant portfolios
Conduct evaluation and approve/decline of credit applications/proposals and propose to Management Credit Risk Committee
Ad hoc tasks and special projects
Undergraduate degree in finance or related areas; MBA degree preferred
At least fifteen to twenty years of progressive experience in credit related positions with medium to large banks or financial services firms
Extensive experience approving complex commercial real estate, corporate, derivative and hedging transactions
Substantial delegated credit authority
Extensive credit related experience, underwriting and structuring complex transactions including derivative and hedging transactions.
Ability to manage a team of employees with a broad range of experience and technical skills
Preference will be given to candidates with multinational experience