Senior Credit Risk Manager - Structured Finance

First Abu Dhabi Bank (FAB) is seeking an experienced Senior Credit Risk Manager to undertake credit assessments, structure and evaluate complex financing transactions, and oversee an allocated portfolio of corporate and structured debt exposures.

The role involves independently managing credit evaluations and approval processes across corporate lending, working capital, trade finance, project finance, asset finance, non-recourse real estate financing and leveraged or acquisition finance. The successful candidate will prepare detailed credit appraisal memoranda, assess counter party and transaction risks, establish appropriate credit conditions and monitor portfolio performance. Working closely with Corporate Finance, business teams, Legal, Credit Administration and other stakeholders, the position requires the ability to balance commercial objectives with the bank 's credit underwriting standards and regulatory requirements.

The role also includes guiding a small team of credit analysts, contributing to budgeting, regulatory reporting and management information, and supporting digitalisation and automation initiatives within Group Credit.

Location:

Abu Dhabi, United Arab Emirates.

Industry: Banking.

Job Type: Full Time. Work Arrangement:
On-site.

Experience:

15 years in banking, including 5-7 years in structured debt financing.

• Independently manage credit evaluation and approval processes for corporate lending and structured debt transactions within applicable authority and approval frameworks.
• Conduct detailed financial and credit assessments of borrowers, counter parties and proposed financing structures.
• Prepare comprehensive credit appraisal memoranda with clear risk assessments and recommendations.
• Evaluate working capital facilities, trade finance arrangements, project finance and asset-backed financing transactions.
• Assess non-recourse real estate financing, leveraged finance and acquisition finance proposals.
• Analyse complex transaction structures, asset quality, collateral coverage and counter party creditworthiness.
• Review financial models, projected cash flows, repayment capacity and relevant valuation assumptions.
• Evaluate transaction risks and ensure proposed facilities are appropriately structured.
• Verify the completeness and accuracy of supporting documentation submitted with credit requests.
• Identify credit policy exceptions and ensure they are addressed through appropriate approval processes.
• Present credit recommendations and supporting rationale to the bank 's relevant approving authorities.

• Assess the credit and structural risks associated with complex financing transactions.
• Review term sheets in collaboration with Legal and relevant business stakeholders.
• Evaluate proposed financing structures against the bank 's underwriting standards and risk appetite.
• Establish or recommend appropriate credit terms and conditions, including facility limits, amortisation schedules, financial covenants, seniority of claims and events of default.
• Analyse asset valuations, security arrangements and repayment structures.
• Assess the financial and commercial risks associated with structured debt exposures.
• Review risk-adjusted returns, including Risk-Adjusted Return on Capital (RAROC) calculations and transaction return assessments.
• Evaluate the adequacy of proposed risk mitigants and credit protections.
• Conduct event-driven risk assessments when developments may affect existing structured finance exposures.
• Work with Corporate Finance teams on appropriate product programmes and the development of Risk Acceptance Criteria (RACs).

• Manage the overall credit quality and risk profile of the allocated corporate and structured finance portfolio.
• Complete annual credit reviews within established timelines.
• Monitor credit exposures at both counter party and product levels.
• Track past-due obligations, delinquencies and potential deterioration in borrower creditworthiness.
• Identify and assess early warning indicators affecting portfolio performance.
• Monitor compliance with approved financial and non-financial covenants.
• Review documentation deferrals, outstanding conditions and related credit exceptions.
• Conduct portfolio stress testing and assess potential changes in credit risk.
• Engage regularly with business counterparts to address emerging credit concerns.
• Recommend appropriate risk mitigation measures where portfolio…