Credit Officer Administration

  • Salary: Competitive
  • Location: London, England, United Kingdom
  • Job Type: Full time
  • Company: Qatar National Bank (QNB)
  • Updated on: 17 Nov 17

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About QNB
QNB Group, the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa, is looking to hire a Credit Officer Administration, to meet the requirements of the expansion of its office in QNB - UK//London.
QNB Group's presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.

Role Description:
The role will take responsibility for reviewing credit facility proposals for Corporate and Retail customers forwarded to them by the appropriate departments. The incumbent will assess the quality of the credit exposure sought to be undertaken and ensure adherence to established policies and procedures.
The ideal candidate will have 5 years experience in in a major bank's risk function and experience of implementing the credit administration process while maintaining adequate security and facility documentation covering the Banks credit exposure, and following the controls and compliance of operational processes and procedures
Essential Duties & Responsibilities
Perform activities within the assigned Credit Risk Strategy that reflects the QNB's tolerance for risk and the level of profitability the QNB expects to achieve for incurring various credit risks.
Coordinate with QNB Compliance to ensure an appropriate response to obtain updates on regulations pertaining to credit risk review that are promulgated by Regulators, if any.
Build and maintain strong and effective relationship with the all other related departments and units to achieve the QNB's goals/ objectives.
Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required and support internal risk reporting requirements.
Adhere to the Turnaround Times (TAT) specified in the SLAs.
Implementation of the credit operations processes and procedures related to the receipt of customers request approved by credit to delivery of credit to customer account.
Collect all documents that are received prior to disbursing of loans / facilities to the customer accounts.
Following the controls and ensure compliance procedures are implemented to identify & manage potential risk.
Execute credit operational tasks.
Data Entry and Maintain records of System downtime resulting in processing delays in Operations.
Review documents to ensure that they comply with established/ approved credit risk policies and procedures, Regulator guidelines and Basel.
Coordinate with Relationship Managers for the timely receipt of customer documents/ other information required to evaluate the credit worthiness of the proposed borrowers and ensure ongoing asset quality.
Support the Credit Administration Manager and Credit Analysts in preparing a recommendation to extend, decline, or request further structuring/ guarantees/ collaterals to the deal to minimize credit risk to meet QNB credit risk standards.
Coordinate activities with business units to ensure the timely processing of customer credit requests within established TATs.

Experience:
Bachelor degree preferably in finance, economics or related subjects.
Minimum of 3-5 years' experience in a major bank's risk function.
Good understanding of credit risk methodologies (KMV, Credit Metrics, etc.), interest rate modeling [short rate models, HJM, BGM, etc.], VAR, and/or other complex financial risk modeling highly desirable.
Proficiency in risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements.
Good quantitative modeling, analytical, and research skills.
Knowledge of financial markets and products.
Self-motivated, eye for detail.

Note: you will be required to attach the following:
1. Resume / CV