59 Credit Analyst jobs in Dubai

Credit Analyst Job Description

Role : Credit Analyst

Location : Dubai

Role Purpose :

The role holder will undergo on-the-job training and work on credit analysis.

The job holder will support the overall maintenance of assigned tasks within the Credit Department. These may include, but are not limited to, preparation of credit approval packages, AC memos, Credit Round Table 'CRT' discussion materials, and credit file maintenance.

Key Accountabilities of the role

• Support RMs and ARMs in reviewing and preparing credit approval packages, AC memos, and CRT discussion materials, ensuring they are completed as per the bank's requirements.
• Attend client calls/meetings with RMs or Division Heads related to the client's banking needs.
• Assist in preparing spreadsheets and performing financial analysis, including basic financial modeling and qualitative analysis to support credit application assessments.
• Conduct initial market checks and monitor the creditworthiness of obligors or counterparties, including searching for negative press articles and reviewing ratings from agencies.
• Liaise with Risk Management regarding credit approval packages, responding to queries and comments.
• Prepare security and other related documents in coordination with Legal & Sharia departments.

Process Implementation

• Support frontline staff in tracking review dates and ensuring timely renewal or deferral of facilities.
• Ensure the accuracy, quality, and integrity of all proposals and memos.
• Maintain and reconcile credit files, identifying discrepancies and variances.
• Adhere to all KPIs, including turnaround time, credit package quality, and review dates.
• Assist the credit analyst in assessing the creditworthiness of counterparties and evaluating credit proposals.
• Coordinate with relationship managers, business lines, legal staff, risk division, and other stakeholders to gather necessary information.
• Ensure new transactions and credit renewals comply with the bank's risk appetite, credit policies, procedures, and regulatory requirements.
• Stay informed about macroeconomic, microeconomic, and regulatory developments impacting the portfolio.

Specialist Skills / Technical Knowledge Required for this role :

• Good understanding of business, finance, economics, and current affairs.
• Analytical thinking and a business-oriented approach.
• Strong interpersonal and communication skills, both verbal and written.

UAE Nationals only considered for this role. Job ID 30002422352524

To analyze and process all cases received at the Retail Credit Department within policy parameters and credit considerations, ensuring proper authority compliance as per the approved delegated matrix.

• Analyze and process cases considering the customer's profile and in compliance with bank policies and procedures.
• Meet targeted productivity levels and ensure adherence to Service Level Agreements (SLA) and Turnaround Time (TAT).
• Ensure proper use of delegated authority as laid down by the bank.
• Identify and highlight suspicious activities to reduce risk exposure and improve analysis quality.
• Update data in the daily productivity sheet (MIS).
• Maintain appropriate productivity levels during peak periods such as month-ends or promotions, using available resources efficiently.
• Conduct detailed credit analysis (for new, repeat, and after-sales cases) and highlight approval conditions.
• Ensure all deals are sent for Contact Point Verification (CPV) as per policy.
• Adhere to Standard Operating Procedures (SOP) where applicable.
• Train new employees and monitor their performance as needed.

Job Summary:

1. Credit Analysis: Conduct thorough financial evaluations of applicants to assess their creditworthiness for loan applications.
2. Risk Assessment: Identify potential risks associated with loan approvals and recommend mitigation strategies.
3. Data Insights: Utilize advanced analytics to interpret data trends, providing actionable recommendations to enhance loan performance.
4. Credit Reporting: Prepare comprehensive reports highlighting key findings and recommendations.
5. Collaboration: Work closely with sales teams to ensure alignment with credit policies and customer profiles.
6. Policy Adherence: Ensure compliance with regulatory requirements and company credit policies.
7. Client Engagement: Effectively communicate credit decisions and provide guidance on improving credit profiles.
8. Professional Development: Stay updated on industry trends, emerging risks, and best practices in credit analysis to enhance processes and methodologies.

• Bachelor's or Master's degree in Finance, Business Economics, or a related field.
• Proven experience in credit analysis, preferably in a fintech or banking environment.
• Strong understanding of credit scoring models and risk assessment methodologies.
• Proficiency in data analysis tools and software (e.g., Excel, SQL, Tableau).
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills with the ability to convey complex information clearly.
• Detail-oriented with strong organizational skills and the ability to manage multiple tasks.

• Experience with SME lending, business loans, etc.
• Familiarity with regulatory frameworks governing lending practices.
• Professional certifications (e.g., CFA, FRM) are a plus.

To successfully analyze and process credit cases, ensuring adherence to policy parameters and credit considerations is crucial. This role involves thorough analysis of customer profiles and compliance with bank policies and procedures.

• Analyze cases while considering customer profiles and bank policies.
• Achieve productivity targets and maintain Service Level Agreements (SLAs) and Turnaround Times (TATs).
• Ensure proper use of delegated authority as laid down by the bank.
• Detect suspicious activities to reduce risk exposure and improve quality.
• Update data in daily productivity sheets.
• Maintain productivity during peak periods using available resources efficiently.
• Conduct detailed credit analysis and identify approval conditions.
• Send deals for Contact Point Verification (CPV) according to policy.
• Adhere to Standard Operating Procedures (SOPs).
• Train new employees and monitor their performance.

A multinational bank with a strong presence in the UAE.

• Assist with the preparation and review of credit documentation
• Maintain and update credit files and records
• Coordinate with internal departments to ensure completeness and accuracy of data
• Support the credit team in administrative tasks related to client onboarding and renewals
• Ensure adherence to regulatory and internal credit policies

• UAE National (with Family Book)
• Bachelor's degree in Finance, Business, or a related field
• Strong attention to detail and willingness to learn
• Good communication and organisational skills
• Fresh graduates or candidates with up to 1 year of experience are welcome to apply

Key Responsibilities:

• Credit Evaluation: Analyse applicants financial information credit history and other relevant data to assess their creditworthiness for loan applications.
  

• Risk Assessment: Identify and evaluate potential risks associated with loan approvals and recommend appropriate actions.
  

• Data Analysis: Utilize advanced analytics to interpret data trends and insights providing actionable recommendations to improve loan performance.
  

• Reporting: Prepare comprehensive credit analysis reports for internal stakeholders highlighting key findings and recommendations.
  

• Collaboration: Work closely with sales teams to understand customer profiles and ensure alignment with credit policies.
  

• Policy Compliance: Ensure adherence to company credit policies and regulatory requirements updating them as necessary based on market changes.
  

• Client Interaction: Communicate effectively with clients regarding credit decisions and provide guidance on improving credit profiles when needed.
  

• Continuous Improvement: Stay updated on industry trends emerging risks and best practices in credit analysis to enhance processes and methodologies.
  

Qualifications:

• Bachelor s/Master s degree in Finance Business Economics or a related field.
  

• Proven experience in credit analysis preferably in a fintech or banking environment.
  

• Strong understanding of credit scoring models and risk assessment methodologies.
  

• Proficiency in data analysis tools and software (e.g. Excel SQL Tableau).
  

• Excellent analytical and problem-solving skills.
  

• Strong communication and interpersonal skills with the ability to convey complex information clearly.
  

• Detail-oriented with strong organizational skills and the ability to manage multiple tasks.
  

Preferred Qualifications:

• Experience with SME lending Business loans etc.
  

• Familiarity with regulatory frameworks governing lending practices.
  

• Professional certifications (e.g. CFA FRM) are a plus.
  

• Kickstart your career at a multinational bank with a supportive environment
• Gain valuable exposure to the credit function

• Kickstart your career at a multinational bank with a supportive environment
• Gain valuable exposure to the credit function

• Assist with the preparation and review of credit documentation
• Maintain and update credit files and records
• Coordinate with internal departments to ensure completeness and accuracy of data
• Support the credit team in administrative tasks related to client onboarding and renewals
• Ensure adherence to regulatory and internal credit policies

• UAE National (with Family Book)
• Bachelor's degree in Finance, Business, or a related field
• Strong attention to detail and willingness to learn
• Good communication and organisational skills
• Fresh graduates or candidates with up to 1 year of experience are welcome to apply

• Kickstart your career at a respected multinational bank with a supportive and professional work environment
• Gain valuable exposure to the credit function - a critical area within corporate banking - and develop a strong foundation for future growth

A multinational bank with a strong presence in the UAE.

• Assist with the preparation and review of credit documentation
• Maintain and update credit files and records
• Coordinate with internal departments to ensure completeness and accuracy of data
• Support the credit team in administrative tasks related to client onboarding and renewals
• Ensure adherence to regulatory and internal credit policies

• UAE National (with Family Book)
• Bachelor's degree in Finance, Business, or a related field
• Strong attention to detail and willingness to learn
• Good communication and organisational skills
• Fresh graduates or candidates with up to 1 year of experience are welcome to apply

To analyze and process all cases received at the Retail Credit Department within policy parameters and credit considerations, ensuring proper authority compliance as per the approved delegated matrix.

• Analyze and process cases considering the customer's profile and in compliance with bank policies and procedures.
• Meet targeted productivity levels and ensure adherence to Service Level Agreements (SLA) and Turnaround Time (TAT).
• Ensure proper use of delegated authority as laid down by the bank.
• Identify and highlight suspicious activities to reduce risk exposure and improve analysis quality.
• Update data in the daily productivity sheet (MIS).
• Maintain appropriate productivity levels during peak periods such as month-ends or promotions, using available resources efficiently.
• Conduct detailed credit analysis (for new, repeat, and after-sales cases) and highlight approval conditions.
• Ensure all deals are sent for Contact Point Verification (CPV) as per policy.
• Adhere to Standard Operating Procedures (SOP) where applicable.
• Train new employees and monitor their performance as needed.