VP Credit - Structured Finance

About the role

First Abu Dhabi Bank is hiring a VP Credit - Structured Finance in Abu Dhabi. The role covers detailed credit assessment and preparation of credit appraisal memos for corporate and structured financing, manages the allocated portfolio and guides a team of credit analysts, and supports budgeting, regulatory reporting, portfolio reviews and MIS from a Group Credit perspective.

Key responsibilities

• Handle independently the credit evaluation and approval process for corporate lending and structured debt across sectors such as working capital, trade, project finance, asset finance, non-recourse real estate and leveraged/acquisition finance.
• Analyze complex transaction structures, asset quality and counterparty risk, and review term sheets with legal counsel to identify credit and structural risks.
• Set credit terms and conditions, including limits, amortization schedules, covenants and claim seniority.
• Monitor ongoing credit exposure and carry out ad-hoc event-based risk analysis on structured debt.
• Manage the allocated portfolio through annual reviews, delinquency monitoring, covenant adherence and engagement with business counterparts.
• Support product programs and RACs with Corporate Finance, and take part in digitalization and automation projects within Group Credit.
• Guide and train a small team of credit analysts, and prepare credit proposals for approval authorities.
• Ensure compliance with credit policies, regulatory requirements and industry best practices, and maintain accurate documentation and MIS.

Required profile

• Bachelor's degree, preferably in Finance, Banking or Commerce.
• 15 years of banking experience, of which 5-7 years in structured debt and structured financing structures.
• Multi-sector experience and asset valuation knowledge.
• Good communication skills and ability to articulate risk considerations and credit rationale.
• Able to work under pressure without compromising credit underwriting quality.

Required skills

• Strong financial modelling and Excel skills, including review of financial models, RAROC and returns sheets.
• Knowledge of Basel norms, IFRS 9, ECL and impairment calculations.