Credit Analyst

Job Description

• Spreading of financial statements on Moodys along with full preparation of proposals for RM’s further review and comments.
• To maintain high quality proposal based on customer information, industry performance and market feedback
• Direct contact with customers for processing of transactions, collection of documents, and settlement of payments.
• Regular review of accounts utilization to enhance utilization and ensure maximum account profitability.
• Maintain high quality of client proposals and turnaround time.
• Closely monitoring of account conduct
• Monitor quality of the portfolio by tracking Excess/past dues, strictly complying with relevant processes. Monitor Risk Triggers, Covenants and other credit conditions and report appropriately.
• Liaison with EICRAD for completion of documentations, posting of FRS and feeding the limits.
• Coordinate with IBTFS/IBDIS for utilization of facilities.
• Regularly review the market trends to identify profitable opportunities in selected segments in line with Bank’s overall policy and risk appetite
• Obtaining Quarterly/Annual/Interim financials from the client
• Daily execution of transactions, monitoring of accounts and contacting customers for payments and settlements.
• Monitor quality of the portfolio by tracking Excess/past dues, strictly complying with relevant processes. Monitor Risk Triggers, Covenants and other credit conditions and report appropriately
• Monitor Risk Triggers, Covenants and other credit conditions and report appropriately
• Suggestion s of ways to improve the workflow of relationship management.
• Proper maintenance of Credit files and ensuring Audit Ready at any time.
• Adherence to applicable policies and procedures to safeguards the Bank’s interests.
• Protect sensitive customer and bank information are appropriately handled and be vigilant in driving staff behaviour, holding them accountable for any violation of policy.
• Adhere and comply with EIs internal applicable policies and procedures as well as governing regulations issued by concerned authorities.
• Cooperate and facilitate work of internal audit and risk management to address gaps, and respond to audit reports within agreed deadlines.
• Monitor money laundering activities, and coordinate remedial actions with management. Report of any discrepancies to management.
  

Person Specifications

• Relevant education with minimum of Bachelors’ Degree
• Atleast 2 years of SME / Corporate Credit Analysis experience
• UAE experience
• Banking products and operations
• Oral and written communication
• Analytical thinking
• Business and customer oriented