VP- Credit - NBFI

First Abu Dhabi Bank

  • أبو ظبي
  • دائم
  • دوام كامل
  • قبل 16 يوم
Company DescriptionJoin the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.Job DescriptionJOB PURPOSE:Vice President of Credit Management for NBFI will be primarily performing credit underwriting of NBFI proposals. Experience required mainly on assessing proposals of asset managers, funds, insurance companies, foreign government, virtual asset service providers, payment service providers, supranational and financing / leasing companies.This role requires a highly analytical individual with deep expertise in credit risk evaluation, particularly in financial institutions (FI) and non-bank financial institutions (NBFI).The successful candidate will work closely with coverage and product teams to ensure the bank's portfolio remains resilient against credit defaults. This position demands a combination of quantitative rigor, strategic risk assessment, and proactive portfolio management. Having knowledge on ISDA/CSA/GMRA documentation aspects will be added advantage.KEY ACCOUNTABILITIES:Credit responsibilities:
  • Conduct thorough credit risk assessments for complex financial transactions across multiple asset classes.
  • Develop and implement risk management strategies to safeguard the bank's portfolio.
  • Collaborate closely with coverage, product, legal and risk teams to evaluate credit exposure and recommend risk mitigation measures.
  • Discuss with clients and external advisors in unique cases to ensure robust credit risk assessment and compliance with regulatory standards.
  • Monitor market trends, regulatory developments, and emerging risks to enhance the bank's credit risk framework.
Job Context:
  • Handle independently credit evaluation and approval process for FI and NBFI proposals.
  • Analyze fund structures, investment strategies, asset quality and identify where the risk lies.
  • Review term sheets and identify credit and structural risks.
  • Set Credit terms and conditions including limits / amortization schedule, covenants, seniority of claims, EoD terms etc.
  • Monitor ongoing credit exposure at product level and counterparty level; also undertake ad-hoc event based risk analysis. Maintain and improve Overall Quality of FIG Portfolio
  • Oversee documentation and contractual agreements, including ISDA/CSA, GMRA, LMA, and Islamic global market documentation.
  • Adherence to Policies, Processes and Procedures of FAB, Regulators etc.
  • Credit Processing and Approval Turnaround Time
QualificationsQUALIFICATIONS & EXPERIENCE:Knowledge & Experience:
  • Bachelor's Degree in Business, Accounting, Finance or relevant discipline (Master's/MBA preferred)
  • Minimum 12 years of experience in Banking sector of which at least 5 years in NBFI assessments and analysis
  • Strong understanding of financial statements, credit risk assessment, cash flow analysis and structured lending.
Skills:
  • Extensive experience in credit risk assessment, particularly in FI and NBFI customers
  • Good understanding of fund structures, capital commitments, asset quality criteria
  • Strong financial analysis skills with ability to review client's assumptions / business risks
  • Understanding of market risk elements for both listed & unlisted entities (incl. standard valuation procedures, mark to market and monitoring frameworks)
  • Knowledge in industry-standard legal documentation, including ISDA/CSA, GMRA, LMA, and Islamic finance agreements will be added advantage
  • Ability to work independently & is self-motivated
  • Strong communication and interpersonal skills with ability to clearly articulate risk consideration and credit rationale
  • Project management, problem solving and people skills
  • Strong experience working across teams to deliver consistent outcomes
  • Leadership skills

First Abu Dhabi Bank