About QNB Established in 1964 as the country's first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region. QNB Group's presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines. QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor's (A), Moody's (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications. Based on the Group's consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine. QNB Group has an active community support program and sponsors various social, educational and sporting events.
Job Summary: The incumbent will be responsible for reviewing credit facility proposals for Corporate and Retail customers (only those retail proposals that fall outside applicable policy parameters), forwarded to them by the appropriate departments/ units. The incumbent will provide analyses and assess the risk of the borrowers, proposed credit structures, security/collateral, and exposure levels, and the adherence to established policies, guidelines and credit procedures.
Perform credit assessments, and comply with established/ approved credit risk policies, guidelines and procedures, and relevant laws and banking regulations.
Coordinate with business unit Relationship Managers for the timely receipt of customer documents/ other information required to evaluate the credit worthiness of the proposed borrowers.
Assist in the assessments on credit proposals by preparing reports and analysis of the various credit risk facets are completed and appropriate for the measurement of borrower and facility risks. Assign final risk ratings, including borrower rating and facility ratings, based on the underlying assessment which includes (but is not limited to) an assessment of the requested facility and security, collateral and guarantees provided, borrower's management and background, industry analysis, country analysis, external agency credit ratings (if applicable), financial and cash flow analysis, and as applicable, the risk rating from the credit risk rating tool in use. Stipulate terms and conditions to mitigate the credit risk borne/faced by the Group.
Ensure all obligors are assigned the appropriate credit ratings, and ensure annual reviews are done and updated on timely basis.
Support the supervisor/Head of Credit in preparing recommendations to extend, decline, or request further structuring/guarantees/collaterals to the transactions to minimize credit risk and meet QNB Group credit risk standards.
Coordinate activities with business units to ensure the timely processing of customer credit requests within established SLA requirements.
Ensuring high standards of data protection and confidentiality to safeguard commercially sensitive information. Maintaining utmost confidentiality with regards to customer and internal bank information obtained during the course of business and provide such information on a need to know basis only to Senior Management of QNB, Audit and Compliance functions, and relevant Regulators.
Maintains high professional standards to uphold QNB's reputation and to strengthen its market leadership position.
All other ad hoc duties and/or activities related to QNB that management may request of the employee from time to time
Bachelor degree, preferably in finance, economics or related subjects.
4-6 years experience in a major bank's risk function.
Good quantitative modelling, analytical, and research skills.
Proficiency in risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements.
Knowledge of financial markets and products.
Good understanding of credit risk methodologies and/or other complex financial risk modelling would be highly desirable.
Note: you will be required to attach the following: 1. Resume / CV