Head of Credit Administration

One of our prestigious clients a leading Islamic Bank based in Dubai are looking to recruit “Head of Credit Administration”, please find details below.

Job Title: Head of Credit Administration

Responsibilities:

• To institute policies, guidelines, procedures and system ensuring satisfactory credit administration process in the bank for all assigned Business Departments.
• To provide leadership and guidance to ensure that high levels of security, check & balance with regard to completion of documentation, facilities limits set-up.
• Develop policies/guidelines SOPs to standardize practices and improve the internal controls and monitoring process to achieve better efficiency, service delivery and cost saving.
• Review the existing policy, and guidelines related to the controls and monitoring to further refine the processes and make it simpler, faster and risk free.
• Developing and implementing MIS tolls to provide all material information / data necessary for effective monitoring and account management.
• Preparing various presentations for Senior Management on CAD’s  processes, functions, performance, objectives etc
• To monitor compliance to the regulatory requirements of the UAE Central Bank.
• To constantly review and improve the capability of the systems/software to cater for needs and accelerate the transactions processing in the Department.
• To identify on an on-going basis issues, which affect the performance of the Department, directing them to the right forum for deliberation, decision, guidance in the matters and initiating changes in the policies/guidelines/procedures, wherever required.
• To maintain a robust MIS system on all kinds of exceptions in credit including irregular/stuck-up accounts and portfolio position for Business Departments.
• Manage and co-ordinate in implementation of new initiatives, special projects bank-wide in coordination with IT, Users and Vendors.
• Provide technical directions to the staff to ensure that SOPs are followed, SLA are adhered and policies/guidelines are complied with, on a continuously basis.
• All the above accountabilities includes but not limited to any additional/new tasks or responsibilities assigned by the line Manager.

Required Skills:

Education:

• MBA or equivalent qualification, preferable in Financial Management or Banking.

Work Experience:

• Minimum 10-12 years, with a management position for at least 5 years having sound back grounds of credit management and administration, operational and legal knowhow with focus on documentary and commercial risk.

To Apply:

• Please send your resume to sathya@themsigroup.com
• Job Location: Dubai, UAE