First Abu Dhabi Bank | VP, Credit - Structured Finance

Key accountabilities

• The job exists to conduct detailed credit assessment and preparation of credit appraisal memos for corporate and structured financing; to manage the overall health of the allocated portfolio and to guide team of credit analysts.
• Handle independently credit evaluation and approval process for corporate lending and structured debt across various sectors.
• Analyze complex transaction structures, asset quality and counterparty risk as part of the credit analysis.
• Review term sheets and identify credit and structural risks in collaboration with legal counsel.
• Monitor ongoing credit exposure at product level and counterparty level; Also undertake Ad-hoc event-based risk analysis on structured debt exposures.
• Ensure compliance with credit policies, regulatory requirement and industry best practices.
• Guide and train a small team of credit analysts for credit underwriting.
• Ensure completeness & accuracy of documentation submitted with the credit request in order to avoid fraud and/or delinquency in the future.
• Ensure compliance to the bank’s credit underwriting policies and address any exceptions to the policy.
• Perform portfolio management activities in terms of pastdue monitoring, breach of covenants, stress testing etc.
• Review/Approve deferral or waiver requests by the customers in the context of credit risks involved.
• Ensure that all loan applications and service requests are dealt with efficiently within the agreed SLAs.
• Ensure completion and maintenance of the required departmental MIS as required on ongoing basis.
• Ensure that all the approved loans and proposal related documents are complete and stored in the common folder/system to safeguard any missing or misplaced documents.
• Set Credit terms and conditions including limits / amortization schedule, covenants, seniority of claims, EoD terms etc.
• Manage the allocated portfolio of clients in terms of timely annual reviews, monitoring delinquencies, early warnings, adherence to covenants, documentary deferrals etc and actively engage with the respective business counterparts on regular basis to address any credit related issues for the allocated portfolio.
• Adhere to & comply with departmental policies, standard operating procedures and practices so that the work is carried out in a smooth & methodical manner.

Requirements

• Good understanding of structured debt financing structures, multi-sector experience and asset valuations.
• Strong financial modelling and excel skills with ability to review a financial model, RAROC and returns sheets critically.
• Excellent communication skills with ability to clearly articulate risk consideration and credit rationale.
• Knowledge of regulatory requirements (Basel norms, IFRS 9, ECL & Impairments Calculations etc.) relevant to credit risk.

First Abu Dhabi Bank

First Abu Dhabi Bank is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Abu Dhabi and Dubai.

• Industry: BFSI / Investments / Insurance