Unit Head - Credit Control Department

Role: Unit Head - Credit Control Department

Location: Abu Dhabi

Role Purpose:

• Unit Manager’s role is broadly defined as the ultimate filter in the entire Credit Control end-to-end approval process, where the exposures undertaken by the Bank of its Corporate and Retail customers are being reviewed and scrutinized for its adequacy /correctness in terms of approvals, adherence to Credit policies laid down in the Credit and Product Manuals and compliance to documentation standards in a centralized environment. 
• Manage Credit documentation and Limit Management functions whilst ensuring full adherence to stipulated terms and conditions. 
• Engage in implementing strategic initiatives by Risk Management Group.
• Ensure that the Credit Control Department is supported by documented procedures (SOPs), skilled staff and adequate technological support.
• Provide direction and guidance to the staff for effective and efficient operations of the unit.

Key accountabilities of the role:

• Leadership and Supervision: Lead the credit control team, overseeing daily activities to ensure accurate execution of tasks and robust performance.
• Credit Documentation: Ensure that all credit documentation adheres to Sharia guidelines and is complete, accurate, and compliant with internal and external regulatory requirements.
• Limit Release and Monitoring: Oversee credit limits release processes, ensuring timely approvals and monitoring of credit limits and utilization.
• Compliance and Risk Management: Implement best practices to ensure compliance with Central Bank guidelines, Credit Policies and Islamic banking principles.
• Policy Development: Create, implement, and review credit control procedures to optimize efficiency and ensure alignment with organizational goals.
• Audit Coordination: Liaise with audit teams to promote transparency and address audit queries related to credit control department.
• Stakeholder Collaboration: Coordinate with internal departments, including Business, Credit Risk, Legal, and Sharia, to ensure seamless operations and adherence to credit approval and Islamic banking principles.

Specialist skills / technical knowledge required for this role:

• Bachelor’s degree in finance, Banking, Business Administration, or a related field.
• Deep understanding of Islamic banking principles, UAE banking regulations, and Sharia-compliant credit structures.
• Strong team management and leadership skills with the ability to motivate and develop staff.
• Exceptional analytical abilities to monitor credit performance and provide actionable insights.
• Excellent verbal and written communication skills to interact effectively with diverse stakeholders 

Previous experience:   

• 12 to 15 years of banking experience of which 7+ years of experience in a leadership role in the areas of Corporate Banking and Credit Operations, preferably within Islamic banking.