QNB3190 - Associate - Domestic Credit (Qatarization)

QNB3190 - Associate - Domestic Credit (Qatarization) The incumbent is primarily responsible for the initial review and assessment of proposals for the granting, extension, amendment and renewal of credit facilities for QNB Domestic (non-retail) customers. The incumbent provides technical and consultancy support and assistance to QNB Group subsidiaries and affiliates as requested or directed with respect to credit related matters, including but not limited to sharing pertinent data and information, guidance on policies and procedures, conducting credit analysis, reviews and assessments, and providing credit recommendations.

Responsibilities

Performs thorough analysis and review of credit proposals or requests for submission from and ensures that credit proposals are in accordance with professional and standard rules, principles, and best-practices, established and approved credit risk policies and procedures.

Assesses the credit worthiness and feasibility of the borrowers, obligors and or projects by comprehensive analysis of business data, financial statements & feasibility studies and by identifying and analyzing key risk associated with specific credit such as risks related to borrower’s / project’s business, industry, demand & supply.

Recommends approval of requested credit facilities when borrower is found to be credit worthy, the facility structure and terms and conditions of credit are satisfactory, and the transaction is compliant with policies and objectives of the bank.

Reviews client’s quarterly or semi-annual risk assessment reports submitted from various International branches / subsidiaries and affiliates and executes appropriate action if required including putting the client on watch list, reducing or cancelling credit facility, and demanding pre-payment in accordance to findings and as per requirements of credit policies and procedures of the bank.

Ensures that all business areas and units comply with all conditions precedent, conditions subsequent, and other credit deliverables, and covenants in-line with Group Credit including but not limited to submission of financial statements and customer information updates, in a timely manner, and conduct immediate follow up and demand for such submission if such requirements are not submitted.

In the course of evaluating new non-retail credit proposals, or during periodic or ad hoc credit reviews, ensure that correct and appropriate Obligor Risk Ratings are determined for each borrower in accordance with the bank’s established policies and procedures using the Moody’s Risk Analysis system and methodology and ensure that such Risk Ratings reflect the current and appropriate risk profile of the borrower by assessing such ratings towards making upgrades or downgrades of credit ratings of customers as deemed necessary.

Recommends to decline of credit applications if the proposed credit doesn’t fit the banks criteria in terms of target industry / industry cap, breaches in covenants / conditions and collateral structure and has a high risk of default due to non-credit worthiness of the borrower, non-viability of the project or business, no clear source of repayment, absence of or unreliability of security, unsatisfactory track record.

Coordinate lending activities with relevant business units to ensure the timely processing of customer credit requests within established TATs.

Experience / Qualifications

Bachelor’s degree preferably with a Major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology, MBA or equivalent banking related training

At least 10 years’ experience in a major bank in a corporate or risk function especially doing financial analysis and modelling, credit assessment, financial packaging, structuring of credit facilities, and excellent knowledge of bank’s lending and non-lending products and services.

Strong analytical skills and the ability to communicate both verbally and in writing with all levels of management.

Excellent in accounting and financial analysis (spread sheet preparation, analysis and interpretation)

Good quantitative financial modelling, analytical, and research skills.

Adequate background and understanding of economic theory and principles.

Proficiency in risk concepts, banking products / operations / systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements.

Knowledge of financial markets and products.

Good understanding of credit risk methodologies, interest rate modelling (short rate models, VAR, and / or other complex financial risk modelling highly desirable).

Good knowledge and experience in loan and security preparation and review.

Strong analytical skills and ability to communicate both verbally and written with all levels of management.

Superior knowledge of MS Word, Excel and Power Point applications for report presentations, financial analysis, cash flow projections, financial modelling.

Note

Note : you will be required to attach the following :

Resume / CV

Copy of Passport or QID

Copy of Education Certificate

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Sales

Banking

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