banking jobs in UAE | Mashreq Bank emirates careers

  banking jobs in UAE | Mashreq Bank emirates careers


banking jobs in UAE | Mashreq Bank emirates careers

Mashreq Bank announced, through its Linkedin account, a bank job in uae (Senior Credit Manager - Real Estate Portfolio) according to the following:

  • This is a specialized credit role for reviewing and approving credit proposals related to commercial real estate business of Mashreq across residential, hospitality, Office space and Retail sectors globally.
  • The role entails approving or recommending credit facilities to support asset growth strategy of real estate segment of CIBG after thorough evaluation of the credit worthiness and debt repayment capacity. 
  • Such review would entail a detailed assessment of projected cash flows, real estate valuations and assessment of financial covenants suitable for financing of long tenor facilities for completed and under construction projects. 
  • The role ensures and maintains a quality portfolio of corporate assets by minimizing credit losses and maximizing return on assets and shareholders’ return.
  • Developing and spreading a strong credit culture throughout the business segment (UAE and overseas locations), related to real estate business through training, counselling and advising.
  • Assisting CRM to review credit policies and procedures related to real estate business on a periodical basis and recommend and implement changes where appropriate.
  • Assisting the business teams to structure credit facilities which meet the client’s business needs within acceptable risk criteria.
  • Maintenance of good quality of assigned loan portfolio, as measured by % of classified outstanding and hence loan loss provisions, which has direct impact on Group profitability.
  • Actual vs Target asset growth within the acceptable risk appetite.
  • Assisting in developing training curriculum for any in-house training programs (including on-the-job training) for development of superior credit culture.
  • Formation of / participation in focus groups for regular review of policies / procedures related to real estate business of Mashreq Bank
  • Minimizing downward migration across risk grades without an early warning
  • Early detection of warning signals to ensure timely corrective action, and hence minimize loan losses.
  • Maintaining targeted turnaround time.
  • Volume of credit proposals processed.
  • Ensuring high standards of presentation by minimizing the % of proposals returned / rejected by CCO or Credit Committee.
  • Accompanying RM teams on calls where necessary, both domestic and international, to maintain an awareness of market and business conditions.
  • Helping untangle complex industry / business issues in different geographic locations and simplify understanding enabling smooth and reasoned credit decisions.
  • Interact proactively within Group / Division and across related operating / support divisions to find enduring solutions to on-going business issues.
  • Recommend / approve corrective action on problematic relations.
  • Resolving issues related to recruitment, training and career paths for personnel within his area of control
  • University Graduate. MBA or equivalent is preferred.
  • Minimum 15 – 20 years lending/corporate banking experience in a Commercial bank of which minimum 10 years should be related to real estate business in UAE and GCC and minimum 5 years experience in a credit approval role.
  • High degree of lending skills (credit, analytical, judgmental) and exposure to geographic locations.
  • Ability to critically assess the basis and quality of asset valuations provided by the real estate valuers. 
  • Good knowledge of legal and regulatory issues related to real estate business in UAE and region.
  • Awareness of historical real estate market cycles and their impact.
  • Excellent written / verbal communication skills with ability to present to senior forums including the credit committee.

Details and apply for this Mashreq Bank job as follows:

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