Unit Head- Credit Control

• Role : Unit Head- Credit Control

Location : Abu Dhabi

Role Purpose:

• Unit Manager's role is broadly defined as the ultimate filter in the entire Credit Control end-to-end approval process, where the exposures undertaken by the Bank of its commercial and retail customers are being reviewed and scrutinized for its adequacy /correctness in terms of approvals, adherence to Credit policies laid down in the Credit and Product Manuals and compliance to documentation standards in a centralized environment.
• Job holder will manage Credit documentation and Limit Management functions whilst ensuring full adherence to stipulated terms and conditions.
• Job holder will engage in implementing strategic initiatives by Risk Management.
• Ensure that the Credit Control Department is supported by documented procedures (SOPs), skilled staff and adequate technology support.
• Provide direction and guidance to the staff for effective and efficient operations of the unit.

Key Accountabilities of the role

• Responsible for managing the resources available in conducting responsibilities related to Credit Control effectively and efficiently.
• Ensure that all terms and conditions stipulated in the Credit Approval as precedent to disbursement of limits have been duly complied with and all securities and required documents have been obtained prior to releasing limits. If not, specific waiver / deferral must be available on record.
• Participate in the development and implementation of new products, services, and systems that involve credit risk, and provide input and feedback.
• Manage timely and accurate implementation of Credit approval limits in various systems with strict adherence to stipulated terms and conditions in the Credit Approval and carry out on-going maintenance of all credit facilities.
• Identify and measure the skill set of each employee and develop a training plan to improve the overall skill set of the Unit.
• Develop and improve internal controls on-going basis.
• Provide regular input on policy and develop procedures related to Credit Control to align the unit with Business objectives.
• To act as a trouble shooter to deal with Relationship Managers, Credit Managers, and other business partners.
• Develop and maintain dashboards and KPI's to measure and report the overall performance of the unit.
• Extend proper advice and assistance to Relationship Manager and CCD staff regarding Credit and documentation issues and coordinate with Legal/ Sharia wherever required.
• Ensure accurate and timely reporting of all MIS.
• Participate in Risk Management projects when needed.
• Ensure proper and timely implementation of recommendations of Credit Review / Audit Department.
• Support the unit in registering and releasing mortgage by visiting Land department.
• Ensure Implementation of ORM and BCM guidelines.

Specialist Skills / Technical Knowledge Required for this role:

• A thorough understanding of Commercial products/Islamic Banking.
• Strong knowledge of credit risk principles, methodologies and best practices.
• Excellent analytical, problem-solving, and decision-making skills.
• Effective communication skills in written English and preferably knowledge in Arabic.

Qualifications & Experience:

• A bachelor's degree in finance, accounting, economics, or related field.
• At least 12 years of experience in credit control and documentation, of which 3 years in a managerial or supervisory role.