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1
applicant
Head Credit- Private banking
at 3rd Eye Consultants in Dubai
Location of Job Dubai - United Arab Emirates
Monthly Salary (in US$) $15001 - $30000
Other Benefits Strictly depend on the candidate.
Job Description Will be responsible for providing financial structuring advice to HNW customers of the bank, working with Private Bankers to ensure client’s credit requirements are met.
Will work closely with the Private Banker teams to understand each individual clients financial situation and requirements, tailoring a credit solution that meets the clients needs.
Will have to drive the credit strategy for Private Banking, both identifying client needs and understanding market trends to source and/or develop credit products to add to the lending platform.
Will be required to design and/or improve existing credit policies, processes and procedures for the Private Banking organization in order to deliver excellent client service across all credit products and services.
Will have to liaise closely with relevant departments, in particular with Group and Market Risk, Credit, Legal and Compliance, in order to ensure best in market turnaround times. Client facing roles may be required in some circumstances (e.g. to provide support to Private Bankers when visiting HNW clients).
Will be responsible to build an effective Credit function within Private Banking, with strong capabilities including credit assessment and facility structuring to ensure HNW clients receive tailored and personalized credit services.
Build an internal capability for advising on client credit requirements, including liaising with Private Bankers to understand each clients needs.
To develop and/or improve credit policies and processes for Private Banking, working closely with the Banks internal Credit and Risk departments to understand the process and requirements for smooth credit applications and approvals within defined service levels.
Ensure that all credit processes, procedures and approaches comply with the highest possible standards, including international/regional industry, as well as regulatory and compliance requirements.
Assume responsibility for Private Bankings lending processes, ensuring that all regulatory policies and procedures and SLAs are consistently updated and implemented.
To liaise closely with the existing Retail organization, understanding areas of synergy and leveraging existing capabilities where possible.
To develop and propose new and creative credit solutions for clients, allowing the Private Banking platform to offer the most appropriate lending options to its clients.
To train Private Bankers on credit-related matters, and work closely with them in order to ensure that the highest quality credit advice is offered to clients on a consistent basis.
To work closely with Private Bankers to determine pricing, terms and conditions for Private Banking credit facilities.
Responsible for administration and management of direct reports. The direct reports will be Credit team members.
Desired Candidate's Profile
Profile An individual who has significant experience in building and leading Credit teams. Experience needs to include developing credit policies, processes and procedures, together with a creative approach to identifying new credit products and structures for HNW clients. (5+ years in Private Banking credit or in Corporate credit). Additional knowledge about the Middle East markets is a plus.
Should have a degree from a recognized institution supplemented by appropriate professional qualifications.
Should have significant experience (e.g 5 years minimum) of working in a credit environment within a recognized financial institution.
Should have significant experience of Credit financing, particularly in the Middle East region and ideally with some Private Banking or even Corporate experience. An understanding of HNW client credit requirements and the ability to assess credit risk across a range of underlying assets is essential. This knowledge should extend to refinancing and leveraged facilities.
Must have a sound understanding of credit assessment and risk management within regional and international markets, together with a sound knowledge and understanding of the nuances of HNW individuals financial needs to effectively assess risk across a range of asset classes and structure appropriate credit solutions.
Leadership skills.
Credit structuring skills.
Credit appraisal skills.
Knowledge of and previous exposure to Private Banking client needs.
Relationship management skills.
Communication skills.
Professional conduct.
Fluent spoken and written English and Arabic.
Experience 7 - 16 years
Education PG - Chartered Accountant , MBA/PG Diploma in Business Mgmt
Nationality Indian, Lebanese, Pakistani
Gender Any
Monthly Salary (in US$) $15001 - $30000
Other Benefits Strictly depend on the candidate.
Job Description Will be responsible for providing financial structuring advice to HNW customers of the bank, working with Private Bankers to ensure client’s credit requirements are met.
Will work closely with the Private Banker teams to understand each individual clients financial situation and requirements, tailoring a credit solution that meets the clients needs.
Will have to drive the credit strategy for Private Banking, both identifying client needs and understanding market trends to source and/or develop credit products to add to the lending platform.
Will be required to design and/or improve existing credit policies, processes and procedures for the Private Banking organization in order to deliver excellent client service across all credit products and services.
Will have to liaise closely with relevant departments, in particular with Group and Market Risk, Credit, Legal and Compliance, in order to ensure best in market turnaround times. Client facing roles may be required in some circumstances (e.g. to provide support to Private Bankers when visiting HNW clients).
Will be responsible to build an effective Credit function within Private Banking, with strong capabilities including credit assessment and facility structuring to ensure HNW clients receive tailored and personalized credit services.
Build an internal capability for advising on client credit requirements, including liaising with Private Bankers to understand each clients needs.
To develop and/or improve credit policies and processes for Private Banking, working closely with the Banks internal Credit and Risk departments to understand the process and requirements for smooth credit applications and approvals within defined service levels.
Ensure that all credit processes, procedures and approaches comply with the highest possible standards, including international/regional industry, as well as regulatory and compliance requirements.
Assume responsibility for Private Bankings lending processes, ensuring that all regulatory policies and procedures and SLAs are consistently updated and implemented.
To liaise closely with the existing Retail organization, understanding areas of synergy and leveraging existing capabilities where possible.
To develop and propose new and creative credit solutions for clients, allowing the Private Banking platform to offer the most appropriate lending options to its clients.
To train Private Bankers on credit-related matters, and work closely with them in order to ensure that the highest quality credit advice is offered to clients on a consistent basis.
To work closely with Private Bankers to determine pricing, terms and conditions for Private Banking credit facilities.
Responsible for administration and management of direct reports. The direct reports will be Credit team members.
Desired Candidate's Profile
Profile An individual who has significant experience in building and leading Credit teams. Experience needs to include developing credit policies, processes and procedures, together with a creative approach to identifying new credit products and structures for HNW clients. (5+ years in Private Banking credit or in Corporate credit). Additional knowledge about the Middle East markets is a plus.
Should have a degree from a recognized institution supplemented by appropriate professional qualifications.
Should have significant experience (e.g 5 years minimum) of working in a credit environment within a recognized financial institution.
Should have significant experience of Credit financing, particularly in the Middle East region and ideally with some Private Banking or even Corporate experience. An understanding of HNW client credit requirements and the ability to assess credit risk across a range of underlying assets is essential. This knowledge should extend to refinancing and leveraged facilities.
Must have a sound understanding of credit assessment and risk management within regional and international markets, together with a sound knowledge and understanding of the nuances of HNW individuals financial needs to effectively assess risk across a range of asset classes and structure appropriate credit solutions.
Leadership skills.
Credit structuring skills.
Credit appraisal skills.
Knowledge of and previous exposure to Private Banking client needs.
Relationship management skills.
Communication skills.
Professional conduct.
Fluent spoken and written English and Arabic.
Experience 7 - 16 years
Education PG - Chartered Accountant , MBA/PG Diploma in Business Mgmt
Nationality Indian, Lebanese, Pakistani
Gender Any
Published at 11-12-2008
Viewed: 99 times
Viewed: 99 times