AVP And Lead Credit Management Education And Healthcare

Job description / Role

Job purpose:

The purpose of this role is to take credit ownership from underwriting to obtaining necessary approvals for the assigned portfolio of clients across healthcare & education segment within wholesale banking. Apart from ensuring all propositions are in compliance with group credit policy and guidelines, the roles purpose is also to provide guidance and expertise across full spectrum of product offering(s) working with coverage & product teams as also engaging with the client, where necessary, in structuring and propositioning so that the twin objective of client needs and bank requirements are met in a swift and expeditious manner.

Key accountabilities:

Generic accountability

• Actively participate in client relationships through client visits / conference calls as part of transaction origination/structuring.
• Provide ongoing feedback and expert inputs into the deal structure intermittently and as required based on bank risk appetite for products/ industry / sector / geography / counterparty.
• Advise relationship managers on the risk factors associated with complex transactions, and the clauses imperative in mitigating these.
• Participate and represent credit in the due diligence process for prospective deals in collaboration with coverage/ product teams and ensure that emerging risk factors are identified and are suitably addressed with appropriate mitigants.
• Ensure that appropriate target market risk acceptance criteria and credit policy guidelines are followed as part of approval process.
• Conduct and where appropriate, guide a team of analyst(s), to conduct robust credit analysis and obtain appropriate approvals.
• Ensure timely availability of required information to head of credit / unit head for credit decision making.
• Guide coverage / product teams on credit appetite and way and means to optimize the same to achieve optimal risk-reward balance as per established guidelines.
• Coordinate with internal counterparties (CAD, legal etc.) to provide guidance on risk assessment, risk rating, and documentation.
• Ensure accuracy of data being presented to various stakeholders including senior management.
• Obtain accurate and current information and update the risk systems (risk rating models, collateral management system etc) that allow for accurate identification of risk profiles/ratings in all asset categories.
• Recommend amendments to the banks credit policy, procedures, risk rating models, credit memorandums, risk criteria etc based on lending experience and market expediencies ensuring it is aligned with overall banks risk strategy & policy.
• Ensure satisfactory rating in audits through proactive actions and ensure all recommendations are implemented.

Job specific accountabilities

• Preparation of comprehensive credit papers clearly outlining key risks, mitigations and recommendation for presentation to the approving authority for prospective and existing clients under assigned portfolio.
• Coordinate with the relationship managers well in advance of due dates of annual reviews to obtain necessary information from the borrower to facilitate a comprehensive review of the credit facilities.
• Ensure credit processing & approval turnaround times as per agreed SLAs with business segment.
• Periodic meetings / conference calls with clients to be undertaken along with RMs for prospective and existing clients.
• Monitor accounts regularly and follow-up with business units on terms and conditions to ensure compliance with the approval conditions.
• Ensure all excesses, exceptions, overdue annual reviews, covenant deficiencies, ensuring current collateral valuations and deficiencies in terms and conditions vis-à-vis lending portfolio are monitored, controlled and addressed.
• Oversee the mark-to-market revaluation and margin monitoring process and liaise with the respective RMs to rectify any margin call situations.
• Review exception and portfolio reports as applicable and keep abreast of the clients account conduct, financial standing and latest developments occurring in their respective segment/market so as to provide appropriate recommendations with regards to change in risk appetite / ratings /classification.
• Monitor early warning indicators in order to identify potential problem accounts and liaise with business units for ensuring suitable action plans are in place to rectify the situation at an early stage.
• Manage problem credits closely and recommend appropriate strategies and remedial action plans. Identify defaulters and recommend immediate remedial arrangements for maintaining a quality credit portfolio.
• Ensure asset classification and provisioning is in line with statutory and policy guidelines including any risk downgrades.
• Provide senior level advisory support on credit policies, lending structures, documentations and guidance to business heads/units in managing complex credit risks, providing practical solutions.
• Contribute to enhancement of knowledge and expertise of other team members by participating in training and development initiatives.

Qualifications & experience:

• Must have bachelors degree.
• Desirable: Chartered Accountant/ Masters in Business Administration (MBA) or any other relevant finance degree, professional certification charter (CFA/FRM etc) or diploma.
• Minimum 10 years relevant experience in the banking sector with at least 4-5 years in large corporate / wholesale credit function.
• Proven experience in corporate credit underwriting, preferably across healthcare and/or education sectors regionally or globally. This includes analysis of underlying business fundamentals, cash flows, and sustainability of the business.
• Expert knowledge and experience of products and structures across trade & working capital, syndicated & bilateral loans, structured finance. This includes knowledge of documentation specific to such facilities.
• Solid understanding of investment and global markets / treasury products.
• Good understanding of legal and regulatory framework.
• Ability to work under pressure.
• Strong communication skills - written and spoken.

About us:

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the worlds largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB:

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization.

Career development:

FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.

Our values:

At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globally that rewards your hard work and dedication.

Join our team and be part of a journey to shape the future of banking.