Al Futtaim Jobs - UAE National_Credit Risk Analyst | Al-Futtaim Finance| Dubai, UAE (AE)

JOB DETAILS:

Job Title: Credit Risk Analyst

Department: Al-Futtaim Finance

Location: Dubai, UAE

 

Job Description:

Credit Risk Analyst will support the risk management of Captive Finance and In-house Finance (IHF) Credit Risk Assessment functions. The person will be responsible for the analytics, reporting and underwriting (for a subset of loan requests) for credit risk portfolio across the Al Futtaim Group.  

 

The role will include the following responsibilities:

• Support and lead the creation of a Credit Risk Infrastructure for credit portfolio of Al Futtaim Automotive Group
• Support in development of a Credit Risk Framework (Risk Policy Guidelines, Annual renewal Program, Portfolio Credit Management, Risk Process) for all segments (within UAE) and international markets
• Create Risk reporting dashboards for all segments and countries
• Establish risk controls for business processes and identifies key metrics
• Proactively monitor key credit risk metrics relating to: product, channel, exceptions and vintage performance
• Document performance versus risk profiles and thresholds
• Recommend changes to credit policies and limits
• Develop and support analytical framework to ensure integrity of underwriting processes
• Train & Develop sales and operations staff in diverse aspects of the credit policy
• Manage delinquencies and default for portfolio
• Team leadership, staff motivation, development and support
• Lead Support in development of any technological solution

 

 

Key Accountabilities:

Developing  Risk Infrastructure & Framework 

• Assess, create and develop a Lending and Risk Management framework for all customer segments within UAE and IHF markets
• Develop risk process and strategies for ensuring Risk criteria is adopted and implemented at each business segment level / country level
• Monitor and interpret local regulations of lending for Auto in particular
• Develop the Credit Policy / Underwriting & Collection Management guidelines
• Understanding internal group dynamics and dimension and developing strong value proposition
• Initiate, coordinate and recommend action plans to mitigate anticipated risk 

 

Risk Management & Reporting

• Underwrite Credit Cases
• Prepare Credit Risk reports
• Support Risk Reporting for all customer segments
• Manage annual risk review / policy review and portfolio thresholds
• Ensure the understanding and acceptance of Risk criteria and KPIs at each level
• Implement and monitor Credit Delegation framework in line with Group Risk requirement
• Regular process of Risk reporting for all segments and markets
• Create and manage training program for enhancing capabilities and improved risk decision making
• Support development of Technology Infrastructure including deployment of IT system and support in its development / enhancement

Governance, Control and Risk

• Deep understanding of Auto financing in GCC
• Understand technical/regulatory matters affecting the business. Ultimate responsibility for the continuing compliance and use of such matters
• Ensure Governance, Compliance, Risk and Control are implemented and adhered to meet Group Standards
• Any new regulatory or Group requirements are implemented and reviewed throughout unit in a timely fashion

 

Qualifications, Experience & Skills:

• In-depth understanding and extensive related experience (min 5 years) in management of Credit Risk for Consumer Finance. Experience in Auto Financing / fleet Financing is preferred
• Undergraduate degree required. Advanced degree preferred
• UAE National preferred
• Any regional role in Risk / Analytics and reporting is preferred
• Excellent communication and relationship management skills with ability to influence and interact with senior management
• Strong work ethic, ability to make decisions and work under tight deadlines
• Excellent analytical skills with specialization in risk analytics
• Expertise in Risk Technology and Credit Lending systems
• Ability to analyze company financials and market conditions
• Proven track record in project management and coordination / integration efforts across multiple groups
• A proven successful record of accomplishment of tasks at Analyst level
• Management experience in a multi-cultural environment
• Understanding of local regulations related to Consumer Banking
• Ability to travel freely across GCC and East Africa is required

 

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