Currently we are looking for Senior Management level position with one of the Leading Bank in Dubai.Pls find below the JD.
Position: Private Banking Credit Officer
Location: Dubai
Location: Dubai
Salary : Best in class
Responsibilities:
1. Build an effective Credit function within Private Banking, with strong capabilities including credit assessment and facility structuring to ensure HNW clients receive tailored and personalized credit services.
2. Build an internal capability for advising on client credit requirements, including liaising with Private Bankers to understand each client's needs
3. Develop and/or improve credit policies and processes for Private Banking, working closely with the Bank's internal Credit and Risk departments to understand the process and requirements for smooth credit applications and approvals within defined service levels.
4. Ensure that all credit processes, procedures and approaches comply with the highest possible standards, including international/regional industry, as well as regulatory and compliance requirements.
5. Assume responsibility for Private Banking's lending processes, ensuring that all regulatory policies and procedures and SLAs are consistently updated and implemented.
6. To liaise closely with the existing Retail organization, understanding areas of synergy and leveraging existing capabilities where possible.
7. To develop and propose new and creative credit solutions for clients, allowing the Private Banking platform to offer the most appropriate lending options to its clients.
8. To train Private Bankers on credit-related matters, and work closely with them in order to ensure that the highest quality credit advice is offered to clients on a consistent basis.
9. To work closely with Private Bankers to determine pricing, terms and conditions for Private Banking credit facilities.
10. Responsible for administration and management of direct reports. The direct reports will be Credit team members.
2. Build an internal capability for advising on client credit requirements, including liaising with Private Bankers to understand each client's needs
3. Develop and/or improve credit policies and processes for Private Banking, working closely with the Bank's internal Credit and Risk departments to understand the process and requirements for smooth credit applications and approvals within defined service levels.
4. Ensure that all credit processes, procedures and approaches comply with the highest possible standards, including international/regional industry, as well as regulatory and compliance requirements.
5. Assume responsibility for Private Banking's lending processes, ensuring that all regulatory policies and procedures and SLAs are consistently updated and implemented.
6. To liaise closely with the existing Retail organization, understanding areas of synergy and leveraging existing capabilities where possible.
7. To develop and propose new and creative credit solutions for clients, allowing the Private Banking platform to offer the most appropriate lending options to its clients.
8. To train Private Bankers on credit-related matters, and work closely with them in order to ensure that the highest quality credit advice is offered to clients on a consistent basis.
9. To work closely with Private Bankers to determine pricing, terms and conditions for Private Banking credit facilities.
10. Responsible for administration and management of direct reports. The direct reports will be Credit team members.
Requirement:
Experience:
This role requires an individual who has significant experience in building and leading Credit teams. Experience needs to include developing credit policies, processes and procedures, together with a creative approach to identifying new credit products and structures for HNW clients. (10+ years in Private Banking credit or in Corporate credit). Additional knowledge about the Middle East markets is a plus.
Qualifications:
The individual should have a degree from a recognized institution supplemented by appropriate professional qualifications. The individual should have significant experience (e.g 10 years minimum) of working in a credit environment within a recognized financial institution. Experience in Wholesale Banking is essential
Key Skills:
1. Leadership skills
2. Credit structuring skills
3. Credit appraisal skills
4. Knowledge of and previous exposure to Private Banking client needs
5. Relationship management skills
6. Communication skills
7. Professional conduct
Interested may send your profiles to preambojan@gmail.com
