Job description

Title: Senior Manager - Credit RiskLocation: Dubai
About the ClientOur client is a well-established regional bank seeking a Senior Manager - Credit Risk to join its Risk Management team in Dubai. This role will be responsible for managing credit risk across a diverse wholesale portfolio, supporting robust underwriting, portfolio oversight, and credit governance across the GCC and wider MENAT region.
Key ResponsibilitiesConduct comprehensive credit assessments across a range of wholesale exposures, including large corporates, financial institutions, government-related entities, multinational clients, and institutional counterparties, supporting new facilities, renewals, amendments, and credit reviews.Evaluate borrower financial strength, risk profiles, and credit structures, preparing recommendations and risk assessments for senior approval committees.Monitor portfolio quality through review of early warning indicators, watchlist exposures, covenant compliance, concentration risks, and asset quality trends, ensuring timely identification and escalation of emerging risks.Develop and enhance credit risk frameworks, policies, procedures, and governance standards in line with regulatory expectations and the organisation’s risk appetite.Support risk reporting and strategic initiatives, including portfolio analysis, regulatory requirements, process improvements, and credit risk automation projects.
Key RequirementsBachelor’s degree in Finance, Accounting, Economics, or a related discipline; professional qualifications such as CFA or CA are advantageous.10–12 years’ experience within credit risk, wholesale credit, or credit underwriting functions within a banking environment, with a minimum of 7 years’ experience across GCC or MENAT markets.Strong experience assessing complex credit exposures, including large corporates and institutional counterparties, with proven capability in financial statement analysis, credit structuring, and risk assessment.Good understanding of credit risk frameworks, IFRS 9 / ECL methodologies, portfolio management, internal rating models, and regulatory expectations.Strong stakeholder management skills with the ability to engage senior stakeholders, credit committees, and cross-functional teams effectively.