Assistant Manager – Credit Approval Support

Job Listing No: 9740000

Assistant Manager – Credit Approval Support

To coordinate the credit approval process / chain and related credit Committees affairs (MCC – Management Credit Committee & BCIC – Board Credit & Investment Committee) in order to ensure smooth operations as well as to support the credit approval process.
To assist in conducting an in-depth review and due diligence analysis of the Credit Proposals (CPs) received from Corporate Banking Division (CBD) & ensuring compliance to DIB credit policies /Shari’ah principles/regulatory laws of UAE etc. for review & approval by the relevant approving authorities within the Bank, thereby contributing to maintaining a sound credit portfolio, hence, minimizing losses & maximizing return on assets & shareholders’ equity as well as depositors’ funds.
Reviewing the Credit Proposal(s) (CP) received from CBD in order to ensure completeness, accuracy & compliance to the DIB credit policies, approved business plan, Shari’ah principles & regulatory laws of UAE based on the guidelines in the Credit Policy Manual (CPM). Deviations, if any, to the existing regulatory laws/credit policies and guidelines to be clearly highlighted
Assist the Unit Head in handling the queries/concerns on the CPs in coordination with CBD in a meeting or through a memo or an email and the same to be logged by CRM in the Tracking System so as to measure the turnaround time accurately for each step of approval process. Changes, if any, required in the structure, terms or size of the facilities should be discussed with CBD before submission of final recommendation to the approving authorities.
Ensuring that all CPs for facilities received are presented to the relevant approving authority (as per Delegated Discretionary Authority document, “DDA”) in the formats prescribed for each type of request within the standard turnaround time OR within the SLA if agreed between stakeholders.
Assist the Unit Head in reviewing appropriateness of the risk rating assigned to customers by CBD & ensure its correctness and compliance to the guidelines laid down in the Credit Risk Grading System Chapter #10 of the CPM and to validate the change in the risk rating by examining the accuracy of the information input by the RMs and finalizing the same by “Archiving” the rating on MRA.
Monitoring industry/market conditions, changes in banking & regulatory laws through information from the media and reports circulated internally in DIB, to provide appropriate update and input to the Credit Committee, as and when required;
To work as back up to other team members whenever required and to work for any other assignment given by the line manager related to development of the work process and enhancement of the work turnaround time.
To coordinate with Sharia, legal dept., other stake holders etc. on issues related to facility structure, purpose, transaction etc. whenever required.
In addition, to comply with the below listed administrative responsibilities, in order to facilitate the approval process;
· Circulating proposals to Management Credit Committee.
· Circulating proposals to Board credit committee.
· Circulating proposals to Board Members.
· Preparing files for Management Credit Committee & Board Investment and Credit Committee meetings.
· Update Board-pad prior to meetings.
· Prepare agenda sheet for Management Credit Committee & Board Investment and Credit Committee meetings.
· Circulation of all credit proposals which are in agreement between Credit approval and business unit.
· Circulation of Credit proposals and Memo for DIB-Pakistan, Investment department and other subsidiaries of Dubai Islamic Bank
Assist unit head in below following activity on day to day basis and officiating during leave or training.
All the above responsibilities includes, but not limited to any additional/new tasks or responsibilities assigned by Line Manager & Head of Department
 

Job Details

Date Posted:2016-08-24
Job Location:Dubai, United Arab Emirates
Job Role:Accounting/Banking/Finance
Company Industry:Banking

Preferred Candidate

Career Level:Mid Career
Degree:Bachelor’s degree

Apply Now

Jobs in UAE
Accounting/Banking/Finance Jobs in UAE

Search All Jobs

Apply for this job.




ADVERTISEMENTS



Similar Jobs For "Assistant Manager – Credit Approval Support"



 Jobs by Indeed job search

Marina and Membership Assistant Manager

Company: Marriott International, Inc
Location: Dubai
Posting Date Aug 08, 2019. Job Category Sales and Marketing. Location Bulgari Hotel & Resorts, Dubai, Beachfront shoreline of Jumeirah, Dubai, United Arab… To apply for this job vacancy in Marriott International, Inc you must be qualified and you should prepare the required documents, click on the job link for more details.
Posted 1 hour ago

Housekeeping Supervisor

Company: www.ejobster.com
Location: Dubai
Report unusual behavior/activities on floors to Assistant Housekeeping Manager. Currently we are looking for Housekeeping Supervisor for our company. To apply for this job vacancy in www.ejobster.com you must be qualified and you should prepare the required documents, click on the job link for more details.
Posted 3 hours ago

Catering Administrative Assistant

Company: Four Seasons
Location: Jumeirah
The Catering Administrative Assistant is responsible for providing administrative support to the Catering Managers and Director while being familiar with all… To apply for this job vacancy in Four Seasons you must be qualified and you should prepare the required documents, click on the job link for more details.
Posted 8 hours ago

Sales Assistant

Company: Al-Futtaim
Location: Dubai
We are looking for a talented Sales Assistant to join our new Fashion Brand Ted Baker Store in Dubai Mall. You will report to the Store Manager and your daily… To apply for this job vacancy in Al-Futtaim you must be qualified and you should prepare the required documents, click on the job link for more details.
Posted 9 hours ago

ASSISTANT BEVERAGE MANAGER UP TO 12K AED++ FOR A CATERING SERVICES IN ABU DHABI

Company: Confidential
Location: Abu Dhabi
Male/Female, 35 years old and below. Open to candidates outside UAE. Degree in Culinary/Hospitality/Food Service Management/ any relevant training/work… To apply for this job vacancy in Confidential you must be qualified and you should prepare the required documents, click on the job link for more details.
Posted 9 hours ago






Note: This job listing with titled "Assistant Manager – Credit Approval Support" was indexed from different job portals. This job might be expired or closed for accepting CV's so we suggest to browse it from the new jobs menu of this site. Our website is an open community website for assisting job seeker so if you found some broken links or error in our site don't hesitate to contact us to fix the issue. Thank you for using our free services.