58 Credit Risk jobs in the United Arab Emirates

Job Purpose:
The bank is organized along the three lines of defense operating model. Group Credit is part of the control function in the second line of defense. The Credit Risk unit reports to Head of Credit Risk unit, the Group Head of Corporate Credit, DIFC CEO, Group Chief Credit Officer who in turn reports to the Group Chief Credit & Risk Officer who reports to the Group Chief Executive Officer. Within the Credit Analyst/Underwriter function the individual jobs will comprise different aspects and percentages of the following three broad categories.

1. Credit portfolio management – 65%
2. Risk related project management – 15%
3. Development – 20%

• Support Head of Credit Risk who supports the first line of defense across a number of geographies either as a principle or secondary point of contact. The GCA is to work across all types of transaction including sovereign, corporate and financial institutions.
• The GCA is to provide support in terms of interpretation of the Group Credit Policy its related Standards and Procedures.
• The GCA is available for consultation on Credit Application Forms (CAF) as to whether the CAF is adequate in terms of its explanation and mitigation of the risks associated with the transaction under discussion.
• On submission of the CAF the GCA ensures that it is in compliance with group policies and requirements. Comments on any deficiencies and indicate a level of support, be it positive, negative or conditional for the submission.
• On a sample basis (minimum of 10%) the GCA ensures that spreadsheets have been compiled correctly, covenants have been complied with and any additional conditionality delivered.
• The GCA is to ensure that any documentation outstanding on the OOO (Out of Order) report is covered in the CAF and reasons provided to mitigate any potential risk.
• The GCA is to monitor developments in the countries he/she covers. There is an expectation of travel to the countries on an annual basis with such visits informing the annual review of the bank’s exposure in that country.
• The GCA is to monitor the completeness of the annual reviews from a country and ensure that they are delivered on a timely basis.
• From time to time the GCA will be required to assist in delivery of reports on sectors within a country or assist in the compilation of a wider report across many jurisdictions.
• As part of the portfolio management process the GCA must identify any relationships or sectors that could result in elevated credit risk or non-repayment of the borrower’s obligations. All such names must appear on the report – Accounts Requiring Close Monitoring before being downgraded to a Risk Rating 8.

• Risk related projects can comprise a number of items from a single item; such as a report amendment adding to the efficiency or effectiveness of the department, to providing input on a multi-million dollar transformational project. In either instance the GCA is to provide assistance and support as part of the general day to day business.
• The GCA is expected to record his contribution to projects for evaluation as part of the career management process.

• GCA must ensure that they are receiving appropriate training from either internal or external sources. The GCA must attend at least one course per annum from an external provider and take regular internal seminars or presentations from subject matter experts.

• Excellent PC skills, particularly MS Office and ability to present information.
• Good Communications/interpersonal skills.
• Good degree of analytical and problem-solving skills.
• Basic understanding of IFRS requirements.
• Advantage: Understanding of Banking products and the related market dynamics.
• Advantage: Awareness of Performance Management tools

• Degree with an element of finance or equivalent, Institute of Bankers associate or equivalent

• Seasoned corporate credit professional (who understands financial as well as other key credit matters) with significant experience (10 years +) of UAE/ GCC corporates, market knowledge, UAE/GCC credit contacts along with good stakeholder management skills

• Work as a team member, good communication and presentation skills, accountability, and transparency

Company Overview: We are a leading regulated Virtual Asset Service Provider (VASP) based in Dubai, offering a comprehensive suite of services including virtual asset brokerage, OTC trading, yield-generating products, and virtual asset lending. As we scale our operations to serve high-net-worth individuals, family offices, and institutional clients, we are seeking a highly skilled Senior Manager to manage Credit, Counterparty, and Market Risk to strengthen our risk management framework and ensure alignment with regulatory standards and best practices.

Role Summary:

The Senior Manager will be responsible for the end-to-end management of credit risk, counterparty risk, and market risk exposures across the group's virtual asset products and services. This role demands a deep understanding of traditional finance risk principles, combined with strong experience in emerging virtual asset markets. The role will report directly to the Head of Risk and will work closely with senior management, trading, compliance, product, and legal teams to ensure a robust and proactive risk environment.

Key Responsibilities:

Credit & Counterparty Risk Management

• Lead credit risk assessments for counterparties, institutional clients, OTC participants, and borrowers.

• Develop, implement, and maintain the credit risk management framework , including risk appetite, policies, procedures, and delegation matrices.

• Set and monitor counterparty exposure limits, assess creditworthiness, and manage collateral frameworks (e.g., margin, netting agreements).

• Conduct ongoing due diligence and periodic reviews of active counterparties.

• Design and implement credit scoring methodologies appropriate for virtual asset products and markets.

Market Risk Management

• Monitor and manage market risk exposures arising from proprietary positions, client flows, lending activities, and structured yield products.

• Develop market risk metrics (VaR, stress testing, scenario analysis) and implement real-time risk monitoring tools.

• Conduct daily P&L and exposure analysis, flagging material movements and breaches to senior management.

• Advise trading desks and treasury teams on risk-adjusted strategies.

Regulatory Compliance & Reporting

• Ensure full compliance with applicable Dubai regulatory requirements for VASPs (e.g., VARA guidelines, DFSA principles if applicable).

• Prepare and submit internal and regulatory risk reports as required.

• Engage with regulators during supervisory reviews, inspections, and audits, specifically in relation to credit and market risk management.

Strategic Risk Initiatives

• Partner with Product, Legal, and Business Development teams to ensure risk factors are embedded into new product launches.

• Drive initiatives to digitize and automate risk assessment, monitoring, and reporting processes.

• Support the development of a strong risk culture across the organization.

Committee Participation

• Serve as a key member of the Risk Committee, Credit Committee, and Product Launch Committee.

• Present regular risk reports and material findings to executive management and the Board Risk Committee.

Qualifications & Experience:

• Bachelor’s or master’s degree in finance, Economics, Risk Management, or related fields.

• Minimum 8–10 years of experience in credit risk, counterparty risk, and/or market risk roles within financial services, with at least 2 years' exposure to digital assets or alternative assets preferred.

• Strong understanding of OTC trading, brokerage operations, lending products, and yield structures.

• Solid knowledge of collateralized lending, counterparty exposure management, and margining practices.

• Hands-on experience developing risk models and frameworks (credit scoring, VaR, stress tests).

• Familiarity with Dubai VASP regulations (VARA) and/or international virtual asset regulatory frameworks.

• Previous experience interacting with regulatory bodies preferred.

• FRM (Financial Risk Manager) – Mandatory.

• CFA (Chartered Financial Analyst) – Mandatory.

• CAMS (Certified Anti-Money Laundering Specialist) is a plus.

Skills & Attributes:

• Highly analytical with strong quantitative risk management skills.

• Excellent judgment and ability to balance risk and commerciality.

• Strong communication and stakeholder management skills.

• Ability to thrive in a dynamic, high-growth, and evolving regulatory environment.

• Integrity, attention to detail, and a proactive problem-solving approach.

At M2 we believe in a workplace where talent, dedication, and passion are the only factors that count, regardless of gender, background, age, and other characteristics.

We embrace diversity because we know that it fuels innovation, fosters creativity, and drives success. So, if you're ready to join a team where your potential is truly valued, welcome aboard!

A leading Abu Dhabi based FinTech.

Credit Risk Strategy, Underwriting & Decisioning:

• Develop and implement credit risk assessment models, underwriting guidelines, and risk scoring mechanisms for invoice financing and revenue-based financing products
• Own and oversee end-to-end credit underwriting for borrowers, ensuring compliance with internal policies and FSRA regulatory guidelines
• Develop quantitative and qualitative risk assessment models to analyze financials, cash flows, and repayment behavior of the borrower
• Lead credit committee discussions, articulating risk assessments and recommendations on financing approvals

Portfolio Risk, Performance Monitoring & Reporting:

• Conduct stress testing, scenario analysis, and sensitivity modeling to evaluate portfolio resilience
• Build dynamic exposure management models, optimizing capital allocation based on risk-return trade-offs
• Partner with Sales & Business Development to structure financing solutions that align commercial growth with risk control
• Collaborate with Product & Tech teams to refine digital loan origination and underwriting workflows
• Engage with the Data Science team to build automated data driven credit evaluation, analysis and decision engines for scalability

Reporting:

• Ensure all credit risk policies and reporting standards are aligned with FSRA regulatory requirements
• Assist in developing key risk indicators (KRIs) and portfolio benchmarks for strategic decision-making
• Prepare high-quality reports and presentations for executive leadership, audit committees, and board meetings
• Provide data-driven insights on portfolio performance, risk exposure, and credit quality trends

Experience Requires:

• 4-6 years of experience in Credit Risk, Trade Finance, SME Financing, Supply Chain Finance, or Working Capital Lending within a Bank, NBFC, or FinTech.
• Strong track record of managing end-to-end credit processes, including underwriting, risk scoring, collections, and portfolio management.
• In-depth understanding of SME financing models, B2B trade credit, invoice discounting, and alternative credit assessment methodologies.
• Experience working with FSRA, DIFC, or other GCC regulatory frameworks governing credit risk.
• Background in financial risk modeling, cash flow analysis, and exposure management.

Preferred Qualifications:

• Chartered Accountant (CA) / Chartered Financial Analyst (CFA) / Financial Risk Manager (FRM) - Highly preferred.
• MBA (Finance, Risk, or Strategy) from a top-tier institution is a strong plus.
• Exposure to data-driven risk

Company Overview: We are a leading regulated Virtual Asset Service Provider (VASP) based in Dubai, offering a comprehensive suite of services including virtual asset brokerage, OTC trading, yield-generating products, and virtual asset lending. As we scale our operations to serve high-net-worth individuals, family offices, and institutional clients, we are seeking a highly skilled Senior Manager to manage Credit, Counterparty, and Market Risk to strengthen our risk management framework and ensure alignment with regulatory standards and best practices.

Role Summary:

The Senior Manager will be responsible for the end-to-end management of credit risk, counterparty risk, and market risk exposures across the group's virtual asset products and services. This role demands a deep understanding of traditional finance risk principles, combined with strong experience in emerging virtual asset markets. The role will report directly to the Head of Risk and will work closely with senior management, trading, compliance, product, and legal teams to ensure a robust and proactive risk environment.

Key Responsibilities:

Credit & Counterparty Risk Management

• Lead credit risk assessments for counterparties, institutional clients, OTC participants, and borrowers.

• Develop, implement, and maintain the credit risk management framework , including risk appetite, policies, procedures, and delegation matrices.

• Set and monitor counterparty exposure limits, assess creditworthiness, and manage collateral frameworks (e.g., margin, netting agreements).

• Conduct ongoing due diligence and periodic reviews of active counterparties.

• Design and implement credit scoring methodologies appropriate for virtual asset products and markets.

Market Risk Management

• Monitor and manage market risk exposures arising from proprietary positions, client flows, lending activities, and structured yield products.

• Develop market risk metrics (VaR, stress testing, scenario analysis) and implement real-time risk monitoring tools.

• Conduct daily P&L and exposure analysis, flagging material movements and breaches to senior management.

• Advise trading desks and treasury teams on risk-adjusted strategies.

Regulatory Compliance & Reporting

• Ensure full compliance with applicable Dubai regulatory requirements for VASPs (e.g., VARA guidelines, DFSA principles if applicable).

• Prepare and submit internal and regulatory risk reports as required.

• Engage with regulators during supervisory reviews, inspections, and audits, specifically in relation to credit and market risk management.

Strategic Risk Initiatives

• Partner with Product, Legal, and Business Development teams to ensure risk factors are embedded into new product launches.

• Drive initiatives to digitize and automate risk assessment, monitoring, and reporting processes.

• Support the development of a strong risk culture across the organization.

Committee Participation

• Serve as a key member of the Risk Committee, Credit Committee, and Product Launch Committee.

• Present regular risk reports and material findings to executive management and the Board Risk Committee.

Qualifications & Experience:

• Bachelor's or master's degree in finance, Economics, Risk Management, or related fields.

• Minimum 8–10 years of experience in credit risk, counterparty risk, and/or market risk roles within financial services, with at least 2 years' exposure to digital assets or alternative assets preferred.

• Strong understanding of OTC trading, brokerage operations, lending products, and yield structures.

• Solid knowledge of collateralized lending, counterparty exposure management, and margining practices.

• Hands-on experience developing risk models and frameworks (credit scoring, VaR, stress tests).

• Familiarity with Dubai VASP regulations (VARA) and/or international virtual asset regulatory frameworks.

• Previous experience interacting with regulatory bodies preferred.

• FRM (Financial Risk Manager) – Mandatory.

• CFA (Chartered Financial Analyst) – Mandatory.

• CAMS (Certified Anti-Money Laundering Specialist) is a plus.

Skills & Attributes:

• Highly analytical with strong quantitative risk management skills.

• Excellent judgment and ability to balance risk and commerciality.

• Strong communication and stakeholder management skills.

• Ability to thrive in a dynamic, high-growth, and evolving regulatory environment.

• Integrity, attention to detail, and a proactive problem-solving approach.

At M2 we believe in a workplace where talent, dedication, and passion are the only factors that count, regardless of gender, background, age, and other characteristics.

We embrace diversity because we know that it fuels innovation, fosters creativity, and drives success. So, if you're ready to join a team where your potential is truly valued, welcome aboard

This is a challenging opportunity for an experienced credit risk manager to join our team. As a credit risk manager, you will be responsible for reviewing regular outstanding receivables and collecting all debts as per agreed credit terms. You must also contribute to the team's overall success to achieve company goals.

1. Manage and mitigate credit risk by analyzing financial data and market trends.
2. Develop and maintain relationships with clients to aid collections and accuracy of receipt forecasting.
3. Ensure reconciliation of SOAs on an ongoing basis and timely allocation of receipts.
4. Implement procedures for overdue payments to collect balances.
5. Handle disputed accounts, liaise with Client Managers, and negotiate to bring payment in line with terms.
6. Lead discussions with Partners and Banks to ensure smooth progress.
7. Establish appropriate credit limits and constantly review and maintain credit limits of existing customers.
8. Liaise with the wider finance team and provide required information to statutory and internal auditors.

The ideal candidate should have:

1. Bachelor's degree in accounting, finance, or related field.
2. 5 years plus working experience in insurance industry in UAE.
3. Strong experience in credit control & process.
4. Excellent interpersonal and communication skills.
5. Good understanding of MS Office especially Excel skills.

As a credit risk manager, you will enjoy a competitive salary package and opportunities for career growth and development.

As a Manager within the Financial Risk Management ("FRM") Team, your role involves developing and implementing risk solutions for financial institutions clients with a focus on credit risk.

Project and Team Related

Manage multiple FRM projects and ensure all engagements are planned and delivered within budget and on time.

Manage teams as well as senior client stakeholders and be responsible for delivering high-quality results and generating effective and impactful solutions.

Play a key role in the development of less experienced staff through mentoring, training, and advising.

Remain current on new developments in risk advisory services capabilities and financial industry knowledge.

Business Development

Establish, maintain, and strengthen internal and external relationships.

Identify possible opportunities and direct pursuits for new client opportunities.

Draw on your knowledge and experience to create practical and innovative insights for clients, contributing to KPMG's thought leadership.

The Individual

Good understanding of credit risk and practical experience in credit risk modeling.

Experience in developing and validating credit rating models for financial institutions.

Very good knowledge of IFRS9 and Basel guidelines

Thorough understanding of PD, EAD, CCF, and LGD model development and validation processes.

Knowledge of developing and reviewing credit risk frameworks, policies, and procedures.

Strong analytical skills and a good understanding of econometric models, tools, and techniques used in risk management.

Prior experience in managing and motivating a team in risk-related areas, with clear leadership in credit risk.

Exposure to business development in consulting (pre-sales support, proposals, RFP responses).

Excellent communication and interpersonal skills

Ability to work under pressure—stringent deadlines and tough client conditions which may demand extended working hours.

Demonstrate integrity, values, principles, and work ethic, leading by example.

Qualifications

Minimum bachelor's degree in a relevant field including Finance, Financial Engineering, Economics, Applied Mathematics, or similar.

7+ years of strong financial risk management or quantitative analysis experience within financial institutions, consulting, or Big 4 firms.

Professional certifications like FRM or CFA are recommended but not mandatory.

Aptitude for quantitative analysis and strong numerical skills with evidence of advanced financial modeling skills.

Proficient in MS Excel and PowerPoint.

Proficient in SAS, Python, R, VBA, or SQL.

WHAT WE OFFER YOU

A professional work environment full of challenges and development opportunities.

A competitive salary and benefits package.

Ongoing training and coaching to develop new skills and progress your career.

We are seeking a Credit Review Manager to join our team in Abu Dhabi. The role involves processing credit applications and making balanced credit decisions.

1. Process credit applications for various portfolios, including Corporate Banking – Abu Dhabi, GREs, Trading, Manufacturing, Services, Commercial Real Estate, and Contracting.
2. Make independent views on proposed business transactions and communicate them effectively within the organization.

The successful candidate will be responsible for:

1. Reviewing and approving new finance requests, annual reviews, and CCRs within defined limits.
2. Establishing effective communication with the Business to understand clients' needs.
3. Ensuring that facilities' purposes and structures align with customers' financing requirements and repayment capacity.
4. Conducting joint customer site visits to evaluate management/operation quality and creditworthiness.
5. Monitoring post-disbursement reports, past dues, and TOD reports.
6. Participating in process improvement projects, including policy and process revisions.

The ideal candidate should possess:

• At least 10 years of corporate banking/credit experience.
• Good working knowledge of banking products.
• Numerical and detail-oriented skills.
• Degree in Business Administration/Finance/Accounting.

We offer a challenging and rewarding career opportunity with opportunities for growth and development.

Please submit your application for consideration.

We are seeking a seasoned Credit Risk Specialist with expertise in corporate credit analysis and Chinese banking.

Key Responsibilities:

• Conduct thorough financial statement analysis to assess creditworthiness and identify potential risks.
• Evaluate loan applications and provide recommendations based on credit risk assessment.
• Provide valuable market insights and contribute to our strategic growth by leveraging knowledge of the Chinese banking sector.
• Collaborate with the team to develop credit policies and ensure compliance with industry standards.
• Build strong relationships with clients and offer tailored financial solutions that meet their needs.

Requirements:

• Proven experience in Chinese banking and corporate credit analysis.
• Strong analytical skills, attention to detail, and ability to think critically.
• In-depth understanding of credit banking processes and risk assessment.
• Excellent verbal and written communication skills in English; proficiency in Chinese is a plus.
• Ability to thrive in a fast-paced environment and manage multiple tasks efficiently.

Why This Opportunity?

• Work in Dubai, a global financial hub known for its luxury lifestyle and cultural diversity.
• Enhance your career with continuous learning and professional development in a supportive environment.
• Be part of a collaborative and innovative team that values your contributions and ideas.
• Enjoy an attractive salary and comprehensive benefits.

This role offers a unique blend of challenging work and opportunities for growth and development. If you are a driven and detail-oriented professional looking to take your career to new heights, we encourage you to apply.

The ideal candidate will be responsible for managing the company's credit risk, ensuring timely payment from customers and providing strategic guidance to sales teams.