Risk / Products Officer - Dubai, United Arab Emirates - TIB

TIB

Verified Company

Dubai, United Arab Emirates

1 week ago

Posted by:

Ahmed Al-Mansouri

beBee Recruiter

Description

Roles and Responsibilities

Support the bank's credit team and risk management team to drive them towards effective implementation of the bank's strategy.
Develop and review policies to ensure proper implementation of onboarding due diligence and enforce proactive due diligence on identified accounts to prevent deterioration at an early stage.
Develop policies and procedures and implement dynamic monitoring measures of the customer portfolio.
Conduct monthly and annual reviews on business asset finance portfolio as per the policies of the bank and highlight the red flags to the management.
Support bank's credit team in negotiations with clients having deteriorating credits for a smooth exit and explore possibilities for an amicable settlement of liabilities before initiating legal action.
Assist bank's products team to reduce the cost of risk within the customer portfolio.
Full awareness on product knowledge and implementing them at all times.
Build a new product catalog to document existing products/services. Collate and review available description to produce new uniform documents.
Assist in preparation of new products/services, including terms and conditions, qualification criteria, obligation during product lifecycle, defaulting actions, conclusion/sunset of product as well as modelling.
Educate sales/marketing team to channel the bank products to the identified target segment and achieve / exceed the assigned targets.
Advise sales/marketing team on preparation of daily sales report (DSR) for the visited customers and companies which should be completed and submitted in a timely manner.

Qualifications