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

Job Requisition ID: 39732 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

JOB PURPOSE:

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:
Description:	Performance Indicators
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	Review and release updated versions of Credit policy for all segments and Markets   Country-wise specific risk policies with clearly defined risk renewal program   Country wise Risk SOPs for credit underwriting
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	Risk policies and lending criteria   Risk KPIs and Dashboard   Reporting and process frameworks   30 hours of risk training to key personnel   Ensure required lending system platform is in place

 

 

 

 

Governance, Control, and Risk Deep understanding of Auto financing in GCC Understand technical/regulatory matters affecting the business. The 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 the unit in a timely fashion

Risk Dashboards in all regulated matters   Market feedback and protecting the AFG/ group companies from any form of Reputational Risk

 

QUALIFICATIONS, EXPERIENCE, & SKILLS:

In-depth understanding and extensive related experience (min 5 years) in the management of Credit Risk for Consumer Finance. Experience in Auto Financing/fleet Financing is preferred Undergraduate degree required. Advanced degree preferred Any regional role in Risk / Analytics and reporting is preferred Excellent communication and relationship management skills with the  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 the 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 #LI-POST19

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Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

 

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