Credit Analyst

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Abu Dhabi Islamic Bank is hiring a Credit Analyst to prepare quality credit proposals, analyze financial data, assess risk, and manage the end-to-end credit cycle from renewals to documentation, ensuring Sharia compliance and timely approvals in Abu Dhabi. The role requires strict adherence to policy, monitoring expiries and post disbursement compliance, and close collaboration with relationship managers, Middle Office, Legal and Credit Administration. Ideal candidates have 2-4 years in corporate or commercial credit analysis, strong English and Arabic, advanced Excel and analytical skills, and solid Sharia knowledge. To apply, tailor your CV to show end-to-end credit experience, quantify on-time submissions and renewals, and write a concise letter linking achievements to the role’s KPIs.

Role       : Credit Analyst
Location : Abu Dhabi                           

Role Purpose:

Responsible for preparing customer credit proposals, preparing spreadsheets, financial analysis, and risk rating. Also to ensure monitoring and follow-up of approved lines, documentation deferrals, facility expiry and maintenance of credit files and all other private banking finance related administrative duties.

KEY METRICS: 

• Revenue: In line with Dept budget 

• Expenses: In line with Dept budget 

• Net Income: In line with Dept budget 

• Assets: In line with Dept budget 

• Headcount: n/a 

• Number of branches: n/a 

• Number of ATMs: n/a 

• Number of Direct Reports: n/a
    
Key Accountabilities of the role      

RESPONSIBILITIES: 

1. CAs – Analyze and prepare quality Credit Applications, Renewals, Credit Memos, Extension and CCRs. Highlight exceptions and provide concise recommendations. 

2. Renewal / Extensions: To commence the renewal process 2 months prior to CA expiry date of each client. Obtain all relevant information; review the existing securities, conditions, cash flows and compliance terms. Highlight exceptions and prepare a complete package. The CA to be fully approved prior to expiry date. 

3. Insurance: Monitor expired Insurance policies and ensure to request renewal at least one month prior to expiry date. 

4. Post disbursement compliance / pending security compliance / TM/RAC exceptions: Ensure all pending security compliance are obtained according to CA time lines and highlight exceptions in the latest CAs. 

5. Follow up with RMs / Team leaders: on the Pending compliance items / information required to complete the CAs. 

6. CAs: Scrutinize the CAs with the RM and compare with the CA conditions and revert to CRM, if needed. 

7. Once the CA is received, offer letter is to be arranged from CCD without any delay and ensure dispatching to customer for signature (through the Private Banker /RM). 

8. Arrange all the documentation (through Middle Office) for customer signature. Seek Legal & Credit Administration assistance in preparing both security & operational documentations etc. 

9. Arrange proper Legal and Sharia approvals in structuring and documentation 

10. Liaise and address all financing queries on existing and new financing 

11. Periodic Review / Maintenance: - Filing - Properly co-ordinate with the Middle Office team for Filing to maintain properly organized credit files with accuracy and follow consistent filing procedures. 

- Monitor accounts, repayments and due dates and bring any early warning signals to the attention of the RMs - Track / monitor past dues and follow-up with RMs.

-Track / monitor past dues and follow-up with RMs.

-Prepare CCRs whenever appropriate. 

12. Act as back-up for Other Credit Analysts 

13. Handle additional tasks assigned by Head of CS and Head of PBG. 

14. Deliver professional financing services and ensure achievement of the PBG Credit Solutions risk and business objectives. 

15. Work pro-actively with internal and external clients, including with MPM / ADIB securities, etc to provide service and resolve problems. 

RESULTS REQUIERD (KPI): 

1. Proper assessment of client requirements. 

2. Timely submission, accuracy, strict adherence to the bank policies on the credit proposals. 

3. Reporting to Head of CS of any information relevant to the credit. 

4. Obtain the clarifications sought on the financials from the customer. 

5. Strictly adhere to Bank’s Credit Policy and Procedures Manual and report any exceptions. 

6. Accuracy of the credit terms / conditions. To take note of the changes/ addition in the terms and conditions. 

7. To ensure no delays in delivering documentation. 

8. Finalize the documents in accordance with the credit approval as soon as possible so that, facility shall be disbursed without delay. 

9. To ensure all securities are kept under safe custody with Credit Control Department. 

10. To ensure accuracy of the numbers in all work duties. 

11. Proper credit monitoring and detection of early warning signals

Specialist Skills / Technical Knowledge Required for this role:
 

• University Degree. 
• Good knowledge of English and Arabic (spoken and written). 
• Advanced Computer knowledge and operation.
• Advanced Analytical skills.
• Advanced Excel skills.
• Advanced writing and presentation skills. 
• Solid knowledge of Sharia, financing and documentation. 
• Good team player.
• Credit Skills / credit background with experience in corporate / commercial financing.

Previous experience: 

2-4 years relevant experience of which 2 years preferably in detailed credit analysis / preparation.