Credit Administration Associate (Risk Monitoring & Reporting / Documentation Review / Credit Support) – Kingdom of Saudi Arabia

Northern Africa#Middle East
Posted 4 months ago

Reference No. MTBADCAA1

Job Description:


Our client, a reputable Arab bank based in Saudi Arabia, seeks a meticulous Credit Administration Associate to join the Credit Risk Unit within the Risk Management Department. This department oversees the implementation of the bank's comprehensive risk management framework, encompassing credit risk, market risk, and operational risk. The primary objective of the Credit Risk Unit is to avert significant unexpected losses by applying rigorous credit analysis, exercising prudent judgment, proactively identifying and monitoring credit risks, and employing appropriate tools and standards to manage and mitigate these risks effectively. As the Credit Administration Associate, your key responsibility will be to conduct independent reviews of the quality of all debt and equity transactions, including investments in various funds, from approval to execution. You will ensure strict adherence to the bank's policies and procedures throughout the process.


 


Responsibilities:


Under the supervision and guidance of the Head of Credit Administration Unit, the credit administration associate will provide administrative support with Credit Administration, responsible for monitoring and reporting of management information to Director of Risk Management.


  1. Portfolio Risk Reports:

    • Monitoring portfolio credit quality and trends.
    • Compliance with risk limits and policies.

  2. Review and Approval of Transaction Reviews:

    • Annual/quarterly reviews of debt and equity transactions.
    • Risk rating approval.
    • Valuation methodology and accuracy review.

  3. Loan Documentation Review:

    • Review loan agreements.
    • Address discrepancies prior to signature.

  4. Transaction Tracking:

    • Maintain up-to-date tracking sheet.
    • Display effective and outstanding transactions.
    • Monitor compliance with covenants.

  5. First Disbursement Sign-off:

    • Ensure conditions precedent are met.
    • Collateral perfection.
    • Necessary signatures and dates.

  6. Credit Approval Document Retention:

    • Retain documents for all obligors.

  7. Equity Valuation Review:

    • Methodology and accuracy review.
    • Feasibility of hold/exit recommendation.

  8. Viability Assessment:

    • Restructuring plan viability.
    • Impact on risk ratings.
    • Viability of exit strategy.

  9. Consent and Waiver Approval:

    • Approve consents, waivers, and amendments.
    • Changes to security package.

  10. Exit Note Review:

    • Closing opinion on investment performance.
    • Evaluation against investment objectives.

  11. Submission to Committees:

    • Approval of substantive issues or changes.
    • Independent opinion via credit note.

  12. Country/Sector/Group Reviews:

    • Conduct reviews as deemed necessary.

  13. Early Warning Signs Detection:

    • Detect delinquency signs.
    • Inform for remedial action.

  14. Compliance Monitoring:

    • Ensure facilities are within approved limits.
    • Monitor credit servicing.

  15. Other Duties:

    • Perform tasks as assigned by superiors.


 


Requirements:


  • Master's degree in Finance, Economics or related field with at least 5 years of related experience. (2+ years of banking experience preferred with a focus on Credit Administration)
  • General knowledge of banking principles and/or loan markets.
  • Excellent organization skills and detail oriented
  • Good interpersonal skills for team-oriented environment
  • Competence in the use of Bank standard software (Word, Excel, PowerPoint, SAP).
  • Ability to communicate effectively (written and oral) in Arabic and English. (French is an added advantage)
  • Hands on approach with problem solving attitude with the ability to prioritise workloads
  • Managing tight deadlines


 


Benefits and Contractual information:


  • Full time position
  • Candidate willing and able to relocate to Saudi Arabia


 


 


If you wish to apply for the position, please send your CV to Matthew Taylor at mataylor@caglobalint.com


Please visit www.caglobalint.com for more exciting opportunities.


Matthew Taylor


Recruitment Consultant


CA Finance


 


CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

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