Head of Retail Credit (UAE Nationals only)

Head of Retail Credit (UAE Nationals only) at Dicetek LLC. The Head of Retail Credit is a strategic leadership role responsible for overseeing and managing the bank's retail credit portfolio in the UAE. This position develops and implements retail credit policies, manages credit risk, and ensures the quality and profitability of the bank's retail loan portfolio. Reporting to the Chief Credit Officer, the role aligns retail credit strategies with the bank's risk appetite and business objectives while navigating the UAE's retail banking sector and regulatory requirements.

• Retail Credit Strategy and Policy Development: Develop and implement comprehensive retail credit policies and procedures aligned with the bank's risk appetite and UAE Central Bank regulations.
• Collaborate with senior management to establish credit risk frameworks and lending guidelines for various retail banking products.
• Portfolio Management and Optimization: Oversee the bank's retail credit portfolio, ensuring diversification, quality, and alignment with strategic objectives; implement strategies to optimize the risk-return profile.
• Credit Scoring and Underwriting: Lead the development and implementation of credit scoring models and underwriting criteria for retail banking products; refine credit assessment methodologies to improve decision accuracy and efficiency.
• Risk Monitoring and Reporting: Develop and maintain robust systems for monitoring credit risk across the retail portfolio; provide regular reports and insights on portfolio performance, trends, and risks to senior management.
• Regulatory Compliance and Relationship Management: Ensure compliance with UAE Central Bank regulations, Basel guidelines, and international best practices; manage relationships with regulators, external auditors, and rating agencies.
• Team Leadership and Development: Build and lead a high-performing retail credit team; drive talent acquisition, retention, and development with a focus on local expertise in UAE retail credit risk management.
• Process Automation and Digital Transformation: Drive adoption of advanced analytics, machine learning, and AI to enhance credit decisioning; collaborate with IT and Digital Banking teams to implement automated credit approvals and digital lending platforms.
• Collections and Recovery Strategies: Oversee the development and implementation of collections and recovery strategies; monitor and optimize collections to minimize losses.
• Cross-functional Collaboration: Align credit strategies with Retail Banking, Marketing, and Product Development; collaborate with Risk Management, Legal, and Compliance for holistic risk management.
• Emiratization and Knowledge Transfer: Champion Emiratization initiatives and implement programs to build UAE national expertise in retail credit risk management.

Basic Qualifications, Skills & Experience

• Master's degree in Finance, Economics, Statistics, or related field from a globally recognized institution.
• Minimum 12 years of experience in banking or financial services, with at least 8 years in senior retail credit risk management roles.
• Comprehensive understanding of retail credit analysis, risk management principles, and UAE banking regulations.
• Strong knowledge of credit scoring models, portfolio management techniques, and retail banking products.
• Proven track record in developing and implementing credit policies and risk management frameworks.
• Excellent leadership and team management skills with a focus on performance and innovation.
• Strong analytical and problem-solving abilities with a data-driven approach to decision-making.
• Exceptional communication and negotiation skills, with the ability to influence at senior levels.
• Fluency in English is essential; Arabic language skills are highly desirable.

Preferred Qualifications, Skills & Experience

• Professional certifications such as FRM, CFA, or relevant credit risk management qualifications.
• Experience in multiple GCC markets or international retail banking environments.
• Track record of managing retail credit portfolios through economic cycles and market volatilities.
• Ability to navigate complex regulatory environments and manage relationships with regulators.
• Published thought leadership in retail credit risk management or related fields.
• Experience in implementing advanced credit risk modelling techniques and AI/ML in credit decisioning.

• Not Applicable

• Full-time

• Sales and Business Development

• IT Services and IT Consulting

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Head of Retail Credit (UAE Nationals only) - Abu Dhabi, United Arab Emirates