Credit Risk Manager UAEN | Financial Services | Al Futtaim Finance Company

About Al-FuttaimEstablished in the 1930s, Al-Futtaim Group is one of the region's most diversified privately held businesses — more than 35,000 people, operations in over 20 countries across the Middle East, Asia and Africa, and partnerships with over 200 of the world's most admired brands spanning automotive, financial services, real estate, retail and healthcare. Guided by our values of respect, excellence, collaboration and integrity, we continue to enrich the lives and aspirations of our customers every day.Role PurposeThe Credit Risk Manager is responsible for overseeing, assessing, and monitoring the credit risk profile of the institution in line with UAE regulatory requirements and internal risk appetite. The role ensures robust credit risk assessment, sound portfolio management, effective credit policies, and compliance with the Central Bank of the UAE regulations.Key ResponsibilitiesDevelop, maintain, and enhance credit risk policies, underwriting standards, and credit manuals.Ensure alignment with CBUAE regulations, including the Credit Risk Management and Corporate Governance guidelines.Support stress testing and risk appetite framework updates.Contribute to model validation, risk rating system reviews, and credit scoring enhancements.Monitor the credit portfolio, including concentrations by sector, geography and product.Identify early warning signals and recommend mitigation strategies.Oversee provisioning levels in accordance with IFRS 9 and internal impairment models.Support CRO in providing independent risk opinions on credit proposals in line with internal policies.Participate in Credit Committees and ensure adherence to delegated credit authority levelsProduce regular risk dashboards highlighting portfolio trends, NPL movement, impairments, and risk appetite breaches.Conduct sectoral and macroeconomic risk assessments relevant to the UAE market.Participate in data quality initiatives to improve credit data accuracy and reliability.Required Skills & QualificationsBachelor’s degreeProfessional certifications such as CFA, FRM, or PRM strongly preferred.7–10 years of credit risk experience within a bank or regulated financial institution in the UAE Excellent written, verbal communication, including presentation skillsStrong understanding of CBUAE regulations, Basel III/IV standards, and IFRS 9 impairment frameworks.Experience in credit modelling, financial analysis, stress testing, and risk rating tools.