QNB1404 - Senior Credit Officer

  • Business Unit
    QNB - Qatar
  • Division
    Risk Management
  • Department
    Credit
  • Country
    Qatar
  • Closing Date
    01-Feb-2016
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.

Role

The incumbent is primarily responsible for initial review and assessment of proposals for extension of credit facilities for the bank’s customers which are submitted by the Corporate Banking and International Banking business areas [including branches, subsidiaries and affiliates] of the bank for approval, as well as assessing credit worthiness of courter-parties that require credit limits to support the operational requirements of the FI, Treasury, Brokerage and Operations units of the bank.

The incumbent provides technical and consultancy support and assistance to Group subsidiaries and affiliates [as requested or directed] with respect to credit related matters, including but limited to sharing of pertinent data and information, guidance on policies and procedures, conducting credit analysis, reviews and assessments, and providing credit recommendations.

The incumbent assesses the business viability, management, technical, marketing, and production quality,  and credit worthiness of various borrowers, obligors, projects and counterparties to ensure the satisfactory repayment of debt service requirements in accordance with the terms and conditions of the proposed credit facility by conducting thorough due diligence using comprehensive financial and credit analyses including but not limited to verification of customer’s / project’s business and operational data, scrutiny of historical and projected financial statements, and validation of feasibility, industry and market studies, consultants’ reports and other relevant data supporting the credit application. 

Responsibilities

Manage total The Groups Corporate, and International Credit Portfolio

Proactively ensures the objectives and key result areas of the department are complied and met, if not surpassed by supporting the Head of Corporate Credit, and other Group Risk Division staff by performing required tasks and activities which help identify and mitigate risks and by ensuring that the Department’s functions are conducted within the approved Credit Risk Strategy and guidelines that reflects the Group’s tolerance for risk and the level of profitability the Group expects to achieve for incurring such various credit risks;

Ensuring the highest standards of due diligence, credit and financial analysis and screening to ensure that non-creditworthy customers / projects are not granted credit facilities.

Actively participating in the evolution and upgrading of credit policies & procedures, as well as developing the Credit Application to a more professional and universal standard;

Proactively uses prescribed processes for evaluating credit proposals ensuring that all approved credits are within The Group Credit Risk Strategy and in compliance with the bank’s policies and procedures

Qualifications

University graduate with a degree preferably in finance, economics or related subjects.

MBA or equivalent banking related training (preferred but not required)

Minimum of 10 years experience in a major bank [or comparable financial services or consultancy company] in a corporate or risk function especially doing financial analysis and modelling, credit assessment, financial packaging, structuring of credit facilities, and excellent knowledge of bank’s lending and non-lending products and services.

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