Vice President, Wholesale Banking Group Credit

Vice President, Wholesale Banking Group Credit

At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting‑edge solutions, and the highest standards of governance.

In this role, you will oversee the full spectrum of credit analysis, loan review, and compliance for Wholesale Banking Group (WBG), Treasury, and BB Commercial portfolios. You will ensure adherence to internal policies, regulatory requirements, and risk mitigation strategies while supporting the development and implementation of credit policies and processes. Working closely with business units and risk management teams, you will play a pivotal role in maintaining asset quality and driving credit growth responsibly.

• Lead credit appraisal and analysis for WBG/BB Commercial portfolios, ensuring compliance with bank policies and regulatory standards.
• Critically assess credit proposals for new and existing business, providing recommendations based on risk evaluation.
• Monitor portfolio performance, identify early warning signals, and advise senior management on adverse trends.
• Support remedial and recovery efforts for problem loans and collaborate with collections and workout teams.
• Review and update credit policies, issue circulars, and prepare reports for Credit Committees and senior management.
• Ensure timely submission of credit returns to the Central Bank and compliance with audit requirements.
• Drive process improvements, automation, and workflow enhancements for faster turnaround times.
• Liaise with internal/external auditors and regulatory bodies on credit‑related matters.

• Education: Graduate or equivalent qualification; MBA or professional certifications (CA, ACCA, CFA, Risk Management) preferred.
• Experience: Minimum 10 years of extensive experience in Corporate/Mid‑Corporate Credit Underwriting.
• Strong understanding of UAE Central Bank regulations, credit risk management, and debt recovery processes.
• Knowledge of international accounting standards and local legal frameworks.
• Proven leadership qualities and ability to influence stakeholders.

• Competitive, performance‑linked compensation.
• Medical coverage for you and your family.
• Inclusive and diverse workplace culture.
• Career development and fast‑track growth opportunities.
• Mentorship from industry experts.

• Credit
  
  Risk Management:
  
  Expertise in underwriting, portfolio monitoring, and risk mitigation.
• Strategic Thinking & Execution: Ability to design and implement credit policies and frameworks.
• Regulatory Compliance: Strong knowledge of CBUAE guidelines and audit requirements.
• Analytical & Financial Acumen: Skilled in evaluating complex credit proposals and financial statements.
• Leadership & Stakeholder Management: Influence and collaborate across teams and senior management.
• Process Improvement & Automation: Drive efficiency through workflow enhancements and digitization.

Mid‑Senior level

Full‑time

Other, Accounting/Auditing, and Product Management

Banking