Head of Credit Review

Role Objective

Responsibility for the conduct of timely and comprehensive credit reviews and analysis of credit proposals for all Corporate, SME and Retail proposed facilities, emphasizing all aspects relating to Credit Viability. Ensure compliance with approved internal credit policies and procedures and all relevant banking regulations.

Detailed Roles and Responsibilities

FINANCIAL

• Contribute to the formulation of strategy, business plan, policies and procedures of the Credit Assessment Unit, to support Divisional and Organizational business strategy
• Discuss with the relationship manager and raise as appropriate with the AGM – Credit Risk, any deterioration in the financial performance of a borrower. Assist in establishing an action plan for correction or mitigation of the risk

CUSTOMER

• Ensure strong communication with all interdependent divisions across the organization with timely resolution of any issues arising
• Provide guidance and consultation to all Divisions across the organization on credit related issues, arranging formal training if required

INTERNAL

• Ensure that the credit policies, processes and procedures are operating effectively and efficiently and achieve high operating standards
• Enforce any required approved changes in credit policies and procedures arising from changes in products, regulations or systems during the review and analysis of credit facility proposals
• Ensure review and analysis of credit applications within the set turnaround time
• Analyzing and implementing solutions to core problems and in managing complex issues that impact business performance
• Review the analysis of credit proposals and ensure, according to the specified risk criteria;
 All documentation requirements are met,
 The integrity and reliability of the financial and operational information,
 The efficiency and economies of financing opportunities aligned to the banks' financial resources
 Coordination with the relationship manager to request additional information if necessary, and review payment history,
 Review of the analyzed financial statements and its ratio analysis and projection to ensure applicant’s repayment ability,
 Identification of any potential credit or financial risk and raise to management,
 Check and comment on compliance to QCB guidelines, sharia guidelines and MAR credit policy and Credit Bureau data
• Review pricing, terms and finance structure, proposed collateral and security in terms of meeting applicability and suitability criteria
• Recommend any credit risk grade changes as appropriate and in compliance with the bank policies. Evaluate consistency of the risk rating process “upon implementation” and lead the Consumer and Corporate Workflow automation
• Conduct moderate to complex risk analysis, to provide management with credit quality trends, desired risk / return relationships and actual performance
• Prepare regular reporting for the management and Credit Committees and ad hoc reports as and when required
• Ensure that each recommended proposal to the Credit Committee is being referred and approved by the appropriate delegated authority as per internal policies
• Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required

LEARNING AND DEVELOPMENT

• Build, lead and develop an effective team through communication, performance management, development plans, timely feedback and reward and recognition practices
• Cultivate an environment that supports nationalization and reflects the MAR values
• Act as a willing team member across the wider Credit Risk team. Perform special and ad-hoc tasks as assigned by AGM – Credit Risk

Job Details

Preferred Candidate