drjobs Unit Head - Credit Control Department العربية

Unit Head - Credit Control Department

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1 Vacancy
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Job Location drjobs

Abu Dhabi - UAE

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

Role: Unit Head - Credit Control Department

Location: Abu Dhabi

Role Purpose:

  • Unit Managers 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 Corporate 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.
  • Manage Credit documentation and Limit Management functions whilst ensuring full adherence to stipulated terms and conditions.
  • Engage in implementing strategic initiatives by Risk Management Group.
  • Ensure that the Credit Control Department is supported by documented procedures (SOPs) skilled staff and adequate technological support.
  • Provide direction and guidance to the staff for effective and efficient operations of the unit.

Key accountabilities of the role:

  • Leadership and Supervision: Lead the credit control team overseeing daily activities to ensure accurate execution of tasks and robust performance.
  • Credit Documentation: Ensure that all credit documentation adheres to Sharia guidelines and is complete accurate and compliant with internal and external regulatory requirements.
  • Limit Release and Monitoring: Oversee credit limits release processes ensuring timely approvals and monitoring of credit limits and utilization.
  • Compliance and Risk Management: Implement best practices to ensure compliance with Central Bank guidelines Credit Policies and Islamic banking principles.
  • Policy Development: Create implement and review credit control procedures to optimize efficiency and ensure alignment with organizational goals.
  • Audit Coordination: Liaise with audit teams to promote transparency and address audit queries related to credit control department.
  • Stakeholder Collaboration: Coordinate with internal departments including Business Credit Risk Legal and Sharia to ensure seamless operations and adherence to credit approval and Islamic banking principles.

Specialist skills / technical knowledge required for this role:

  • Bachelors degree in finance Banking Business Administration or a related field.
  • Deep understanding of Islamic banking principles UAE banking regulations and Sharia-compliant credit structures.
  • Strong team management and leadership skills with the ability to motivate and develop staff.
  • Exceptional analytical abilities to monitor credit performance and provide actionable insights.
  • Excellent verbal and written communication skills to interact effectively with diverse stakeholders

Previous experience:

  • 12 to 15 years of banking experience of which 7 years of experience in a leadership role in the areas of Corporate Banking and Credit Operations preferably within Islamic banking.



Employment Type

Full Time

Company Industry

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