QNB3424 - Senior Manager - Domestic Credit

QNB3424 - Senior Manager - Domestic Credit

About QNB Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region. QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines. QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications. Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine. QNB Group has an active community support program and sponsors various social, educational and sporting events.

Summary 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 of 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

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