Role: Policy Manager
Location: Sharjah, UAE
Role purpose:
Work with Head of Unsecured Products policy to monitor the portfolio performance, controls and enhance digitalization.
Key accountabilities of the role:
Responsibilities:
Ensure that clear policy guidelines and a framework are in place for unsecured products, encompassing all risk-related aspects such as product benchmarks, policy parameters, processes, systems, and business targets, along with the associated NCL.
Monitor performance triggers and portfolio caps for Unsecured Products and assess the quality of the portfolio with regards to risk and validate appropriateness of credit policies and monitor the impact of changes in credit policies.
Design and implement effective framework to update tracking and documenting all policy changes and product performance testing activities.
Responsible for reviewing Credit Program for product on annual basis and ensuring a detailed policy and procedure manual encompassing end-to-end processes is updated regularly.
Ensure approved credit delegations are in place for all unsecured products and approved annually
Manage operational risk within credit processes related to unsecured products, utilize RCSA to measure inherent risk and design/ assess controls to mitigate high-risk
Ensure that the Post approval review (PAR) is performed and completed timely and accurately for PF Product.
Review the disaster report, take prompt remedial action when required, and escalate exceptions to underwriting team. Ensure that important changes in the credit policy are updated in the disaster report.
Manage system enhancement projects related to streamlining and automation of the credit management processes
Develop automation logic for data reporting and work closely with the IT MIS for implementation
Oversee and handle the rule engine of policy changes in FinnOne system and write BRDs & perform UAT for these changes as well as communication to relevant units.
Provide training sessions for business and credit underwriting on the amended and new policies related to unsecured products
Support regulatory reporting, internal audit, and external audits related to Unsecured Products
Specialist skills / technical knowledge required for this role:
Excellent awareness of Credit Management is the best practice for Retail Banking.
Good understanding of association and local regulatory environment
System friendliness and familiarity from end use & development perspective and exposure to high volume automated Retail Banking environment
Time & Stress Management skills
Good analytical skills and computer knowledge.
Previous experience required (if any):
Bachelor’s degree from reputed institution.
Minimum 8-10 years of experience in the credit function in the local market.
Skills Required
- Bachelor's degree from reputed institution
- Minimum 8-10 years of experience in the credit function
What We Do
Abu Dhabi Islamic Bank, A Public Joint Stock Company, is a leading Islamic bank headquartered and listed in Abu Dhabi- UAE with a purpose of being a lifelong partner for customers, colleagues and community. Over the last two decades, ADIB has demonstrated a consistent track record of growth with assets now totaling USD 34 billion. The bank currently serves more than 1 million customers through a balanced proposition that combines a highly-personalized customer experience with world-class digital banking services. ADIB is a full-fledged financial service provider that offers banking solutions for individuals, corporates and affluent customers. In addition, the wider ADIB Group provides brokerage, real estate and property management, payments and insurance services. ADIB has one of the largest distribution networks in the UAE with more than 60 branches. Internationally, the bank has a presence in six strategic markets - Egypt, , the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan and Iraq.
