Thursday, January 18, 2007

Openings at First Gulf Bank

We are looking forward to close positions within the Corporate Credit Mid office as soon as possible. Details pertaining to the organization, role and compensation are provided below.

Please contact me at bhaskar.sen@fgb.ae for further details.

About the Bank

First Gulf Bank (FGB) is the fastest growing and one of the leading banks in UAE. Established in 1979 and headquartered in the UAE capital Abu Dhabi, the bank provides financial services in various business and industrial areas with a wide network of branches across the Emirates.
The bank strives to set standards of excellence, explore new opportunities and pursue innovation. Today it is recognized as a world-class organization committed to maximizing shareholder, customer and employee value. The bank focuses on delivering products and services that address the needs of a dynamic economy, perpetuate progress and
meet customer requirements. In line with its commitment to excellence it also continues to raise service standards, while simultaneously investing in technology, systems and people. Equipped with a long term Fitch rating of 'A' and a Capital Intelligence rating of 'A+', the bank
has been exceeding expectations continuously by offering innovative banking solutions, converting challenges into opportunities, contributing to the community and making a difference to peoples' lives. Please visit the site www.firstgulfbank.ae for further details.

Position

Openings are within the Corporate Credit Mid Office and the positions will report into Head Risk Management Unit and will be commensurate with the experience and skill sets of the selected candidate.

Responsibilities

* Review and revision of Corporate Credit framework (policies
and procedures across credit processes viz. Credit approval processes,
Risk rating processes, Credit administration processes, Credit review
processes)

* Identification, conceptualization and implementation of
change management initiatives for Credit processes

* Delivering strategic and tactical initiatives targeting
productivity and efficiency gains along with co-coordinating all
projects including Basel II

* Review and revision of risk rating mechanism for both
obligors and facilities and provide necessary support in implementation
of Internal Credit Rating system

* Overseeing of Credit Self assessment processes including
portfolio strategy & planning, Risk structuring, transaction monitoring,
performance assessment, etc.

* Monitoring of limits by sector, geographic region, products,
customer, maturity, country, Monitoring of Credit lines and generating
necessary MIS and Reports

* Performing all such operating activities as may be assigned
by Head Risk Management

Profile

* 3-5 years of relevant banking / financial services experience
in the area of credit risk management / credit mid office

* Post graduate or equivalent degree in finance or management

* Substantial experience in Wholesale / Corporate banking area;
Good understanding of Wholesale Banking products

* Strong team player with an ability to manage matrix
relationships

* Good written and verbal communications skills

* Ability to work under pressure to meet tight deadlines

* Comfortable with IT systems

Compensation and Rewards

Compensation levels are the best in the industry in the region. Also,
there are rewards and recognition in the form of excellent performance
bonus.

Please send your resumes at bhaskar.sen@fgb.ae.