Senior Credit Analyst

JOB PURPOSE

• The role of the Job Holder is to take key decisions as well as to underwrite individual applications of the Company applying for Retail Banking Product i.e Business Loan & Mortgage Loan as defined in the Retail Credit Policy of the Bank.
• The job holder works as a checker, which means that he/she has delegation to approve high value transactions and also reviews deviations (out of policy cases) and restructuring cases to be proposed to the delegated authority 

JOB ACCOUNTABILITIES

• Ensure quality underwriting of Credit Applications as per Approved credit policies and within the given Delegation of Authority With minimum error rate.
• Maintain high level of productivity with no compromise in the quality of processing.
• Analyse credit data and company financial statements to determine the degree of risk involved in extending the credit facility.
• Generate financial ratios using computer programs and extended support (Perfios) to evaluate financial status.
• Evaluate and escalate applications with judgemental and deviations on the basis of borrower's character and integrity, capability of repayment, business, economic and personal conditions, capital input and collateral available to the proper authority as defined in the Credit Policy of the Retail Banking PPGs.
• Perform Dedupe for the applications assigned.
• Initiate field visits for respective companies.
• Identifying and highlighting fraudulent activities.
• Escalate applications post underwriting to delegated authorities for decision.
• Communicate the decision to the Front end via an email Draft/Preapproval Letter.
• Analysing and escalating restructure cases
• Ensure completion of cases within prescribed TAT and full adherence to SLA with Business Group.
• Adherence to Operational Risk Guidelines
• Full Compliance to all relevant policies and procedures governing Risk-based underwriting & ensure a minimum SATSIFACTORY INTERNAL AUDIT Rating.  NO Adverse audit findings with HIGH-RISK Impact.
• Resolution of all audit findings within prescribed time frame.

QUALIFICATIONS

• Minimum of 4 to 5 years of underwriting experience in credit related work
• Written and spoken English – Arabic preferred
• Good understanding of banking operations, Bank policies, procedures, guidelines, statutory requirements, market conditions.