Head Credit Approvals - Retail Credit

Overview

To manage the Retail Credit approvers to ensure all credit applications are processed as per Retail Credit policy, authority matrix & to agreed SLA’s / TAT’s. Ensure that all RCIT staff are fully aware of the bank’s credit policy. Review / monitor Retail credit portfolio through dashboards to ensure that exposure is within agreed limits.

• Assure processing of all applications received from the sales channels as per SLA.
• Manage distribution of applications within RCIT team to ensure SLA’s are met.
• Assure all applications are processed as per Retail Credit policy & authority levels.
• Attend all issues related to the special packages offered to the company as well as the Policy & matrix.
• Manage retail assets portfolio and consolidating the achievements to retail management.
• Review, confirm & process applicable invoices from vendors via Pacman system (Valuators, AECB etc.).
• To prepare yearly / monthly / weekly and daily MIS reports related to retail portfolio to show approved / declined applications & status of portfolio.
• Ensure that local regulatory compliance functions are in place and monitored properly.
• Ensure that business risks and controls are well managed.
• Compliance with code of conduct.
• Monitor and follow-up with the branches regarding the overdrawn and past dues accounts.

• 15 years’ experience in Banking & minimum 10 years’ in a Retail Credit role.
• Ability to speak fluent English / Arabic
• Good knowledge of local banking regulations.
• Good knowledge of all retail credit products
• Should have advanced PC skills (MS Office & spread sheet)

• Graduate degree from a recognized university