Credit Administration Associate (Risk Monitoring & Reporting / Documentation Review / Credit Support) – Kingdom of Saudi Arabia

Job Description:

Our client, a reputable Arab bank based in Saudi Arabia, seeks a meticulous Credit Administration Associate to join the Credit Risk Unit within the Risk Management Department. This department oversees the implementation of the bank's comprehensive risk management framework, encompassing credit risk, market risk, and operational risk. The primary objective of the Credit Risk Unit is to avert significant unexpected losses by applying rigorous credit analysis, exercising prudent judgment, proactively identifying and monitoring credit risks, and employing appropriate tools and standards to manage and mitigate these risks effectively. As the Credit Administration Associate, your key responsibility will be to conduct independent reviews of the quality of all debt and equity transactions, including investments in various funds, from approval to execution. You will ensure strict adherence to the bank's policies and procedures throughout the process.

Responsibilities:

Under the supervision and guidance of the Head of Credit Administration Unit, the credit administration associate will provide administrative support with Credit Administration, responsible for monitoring and reporting of management information to Director of Risk Management.

1. Portfolio Risk Reports:
   • Monitoring portfolio credit quality and trends.
   • Compliance with risk limits and policies.
2. Review and Approval of Transaction Reviews:
   • Annual/quarterly reviews of debt and equity transactions.
   • Risk rating approval.
   • Valuation methodology and accuracy review.
3. Loan Documentation Review:
   • Review loan agreements.
   • Address discrepancies prior to signature.
4. Transaction Tracking:
   • Maintain up-to-date tracking sheet.
   • Display effective and outstanding transactions.
   • Monitor compliance with covenants.
5. First Disbursement Sign-off:
   • Ensure conditions precedent are met.
   • Collateral perfection.
   • Necessary signatures and dates.
6. Credit Approval Document Retention:
   • Retain documents for all obligors.
7. Equity Valuation Review:
   • Methodology and accuracy review.
   • Feasibility of hold/exit recommendation.
8. Viability Assessment:
   • Restructuring plan viability.
   • Impact on risk ratings.
   • Viability of exit strategy.
9. Consent and Waiver Approval:
   • Approve consents, waivers, and amendments.
   • Changes to security package.
10. Exit Note Review:
    • Closing opinion on investment performance.
    • Evaluation against investment objectives.
11. Submission to Committees:
    • Approval of substantive issues or changes.
    • Independent opinion via credit note.
12. Country/Sector/Group Reviews:
    • Conduct reviews as deemed necessary.
13. Early Warning Signs Detection:
    • Detect delinquency signs.
    • Inform for remedial action.
14. Compliance Monitoring:
    • Ensure facilities are within approved limits.
    • Monitor credit servicing.
15. Other Duties:
    • Perform tasks as assigned by superiors.

Requirements:

• Master's degree in Finance, Economics or related field with at least 5 years of related experience. (2+ years of banking experience preferred with a focus on Credit Administration)
• General knowledge of banking principles and/or loan markets.
• Excellent organization skills and detail oriented
• Good interpersonal skills for team-oriented environment
• Competence in the use of Bank standard software (Word, Excel, PowerPoint, SAP).
• Ability to communicate effectively (written and oral) in Arabic and English. (French is an added advantage)
• Hands on approach with problem solving attitude with the ability to prioritise workloads
• Managing tight deadlines

Benefits and Contractual information:

• Full time position
• Candidate willing and able to relocate to Saudi Arabia

If you wish to apply for the position, please send your CV to Matthew Taylor at [email protected]

Please visit www.caglobalint.com for more exciting opportunities.

Matthew Taylor

Recruitment Consultant

CA Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

CA Global Headhunters is an international staffing company with a specific focus on recruitment in Africa. Our extensive, diverse candidate network built up over 10 years comprises the most skilled and experienced candidates. We recruit talent of the highest standards across African sectors, including Mining, Oil & Gas, Engineering, Banking, Finance, Legal, Insurance, Commodities, and Agriculture. As African markets continue to grow and develop, so too does our skill and expertise, ensuring that we deliver the best service to both clients and candidates.

Thanks to our access to global networks and resources, we understand our clients’ cultures, operations, business strategies, and industries. We are always on par with the latest technologies and trends which assist us in sourcing the best talent for clients. Whatever stage of the project lifecycle, we can put forward the right candidates with the right skills.