AVP & Lead, Credit Management First Abu Dhabi Bank FAB

The stated objective of the Bank in respect of Wealth Banking is to become a market leader across GCC in the priority banking arena. Clients, in this segment include the High Net Worth Individuals &/or all of their group entities representing diverse interests ranging from operating businesses to wide range of investment needs across various asset classes.

Loan facilities to the High Net Worth and Ultra High Net Worth clients are structured around the loan size, collateral type, tenor and the financial strength of the borrower. Credit facilities are offered under various lending structures such as Leveraged Investments, Lombard facilities, Commercial/Residential Real Estate and Insurance Financing.

Accordingly, the job holder is expected to demonstrate deep knowledge of products, industry, markets, financial statements so that he/she can work across all product groups and respond in a timely manner. Hence it is critical that the job holder, among other credit skills, is able to demonstrate the following Wealth Segment specific skill set:

• A thorough understanding of collateral valuation and monitoring processes

• Good understanding of documentation/legal requirements for different types of credit facilities

• Hands on knowledge of capital market products, derivatives and margin requirements

• Strong initiative and interactive approach to problem solving while displaying flexibility and independence in a demanding environment.

Although a member of the second line of defense, the job holder is expected to play a strong partnership role. He/She is expected to be solution oriented and requires out of the box thinking without seeking to dilute the high standards of credit.