Credit Risk Manager

Al Futtaim Finance, a prominent entity within the UAE's financial services sector, is seeking a seasoned Credit Risk Manager to join their dynamic team in Dubai. This pivotal role involves overseeing the institution's credit risk profile, ensuring strict adherence to UAE regulatory requirements, including those from the Central Bank of the UAE, and maintaining alignment with internal risk appetites. The successful candidate will be instrumental in developing and refining credit risk assessment methodologies, upholding comprehensive credit policies, and diligently monitoring the entire credit portfolio. Responsibilities include effective portfolio management, ensuring accurate provisioning in line with IFRS 9, and proactively identifying and mitigating potential risks. This position offers a significant opportunity to contribute to robust risk governance, collaborate with cross-functional teams, and influence strategic risk management decisions within a leading regional conglomerate. Join Al Futtaim Finance and play a key role in safeguarding the financial health and stability of the organization while advancing your career in a supportive and growth-oriented environment.

• Manage the credit risk profile of the institution in compliance with UAE regulations.
• Develop and maintain robust credit risk assessment methods and policies.
• Monitor the credit portfolio, identifying early warning signals and recommending mitigation strategies.
• Oversee provisioning levels in accordance with IFRS 9 and internal impairment models.
• Support the CRO in providing independent risk opinions on credit proposals.
• Participate in Credit Committees and ensure adherence to delegated credit authority levels.
• Produce regular risk dashboards highlighting portfolio trends and risk appetite breaches.
• Conduct sectoral and macroeconomic risk assessments relevant to the UAE market.
• Collaborate with other risk departments to uphold the institution's risk governance framework.