Standard Chartered UAE
Senior Credit Manager, Specialised Finance
- Permanent
- Dubai, United Arab Emirates
- Experience 5 - 10 yrs
Job expiry date: 20/12/2025
Job overview
Date posted
05/11/2025
Location
Dubai, United Arab Emirates
Salary
AED 40,000 - 50,000 per month
Compensation
Comprehensive package + relocation
Experience
5 - 10 yrs
Seniority
Senior Manager
Qualification
Bachelors degree
Expiration date
20/12/2025
Job description
The Senior Credit Manager, Specialised Finance will operate as part of the second line of defence (2LoD) within Specialised Finance Risk, supporting the Corporate, Commercial and Institutional Bank (CCIB) and Financial Markets (FM) businesses. The role involves managing credit risk across a complex portfolio that includes Project and Export Finance, Leveraged and Acquisition Finance, Commercial Real Estate (CRE) Financing, Transportation Finance (Aviation and Shipping), Fund Financing, and Asset-backed Securitisation. The manager will be responsible for early-stage deal screening, conducting detailed due diligence, influencing transaction structuring for best-in-class underwriting, and ensuring transactions align with risk appetite and capital optimisation. Responsibilities include approving 1LoD credit applications and rating assessments, monitoring credit portfolios for deterioration through stress testing and early alert systems, and conducting periodic reviews with senior stakeholders. The role demands comprehensive understanding of the bankās regulatory environment, governance, and risk frameworks, ensuring compliance with the Groupās Risk Management Framework and Operational Risk Framework for credit risk. The incumbent must act as the Credit Risk control owner, ensuring effective control processes, reporting compliance, and escalation of significant risk issues to governance committees. Additional expectations include leading 2LoD initiatives, enhancing governance and regulatory reporting, ensuring consistent application of global credit policies, and promoting a robust culture of conduct and risk awareness. The role also requires regular engagement with regulators, senior risk partners, and cross-functional teams globally. As a people leader and risk specialist, the Senior Credit Manager is expected to drive continuous improvement in risk management, strengthen portfolio quality, and represent Specialised Finance Risk in client due diligence, regulatory interactions, and industry events.
Required skills
Key responsibilities
- Manage credit risk as part of the second line of defence within Specialised Finance Risk for CCIB and FM businesses.
- Screen new deals early and conduct detailed due diligence on transaction requests.
- Influence structuring to ensure best-in-class underwriting standards and successful transaction execution and syndication.
- Partner with business teams to achieve strategic objectives within defined risk appetite and optimal use of risk capital.
- Approve and review credit applications and rating assessments prepared by the first line of defence.
- Monitor portfolios for early warning signals, conduct stress testing, and manage early alert ratings.
- Prepare and present periodic portfolio monitoring reviews to senior stakeholders.
- Ensure alignment with the bankās regulatory framework and risk management requirements.
- Act as Credit Risk control owner under the Groupās Risk Management Framework and maintain a strong control environment.
- Lead improvements in 2LoD governance, regulatory, policy, and risk-driven reporting processes.
- Ensure global credit policies are consistently interpreted, applied, and deviations are appropriately escalated.
- Maintain portfolio quality in line with risk appetite and ensure timely and accurate reporting.
- Engage with regulators, clients, and industry bodies as a representative of Specialised Finance Risk.
- Manage risk-return trade-offs, challenging origination decisions to ensure alignment with strategy and appetite.
- Conduct customer visits to understand client operations and market dynamics.
- Oversee the renewal of Business Credit Applications (BCAs) and ensure adherence to portfolio standards.
- Respond to material risk events, escalating significant issues to senior management and governance committees.
- Support early alert and stressed asset processes to minimize losses and optimize recoveries.
Experience & skills
- Substantial experience in the banking industry at a senior level within Specialised Finance or related business areas.
- Demonstrated expertise in Project Finance, Export Finance, Leveraged Finance, and Acquisition Finance.
- Strong knowledge of Commercial Real Estate Financing, Transportation Finance, and Fund Financing structures.
- Proven track record in managing geographically diverse portfolios and multiple asset classes.
- Deep understanding of regulatory frameworks and compliance requirements relevant to credit risk.
- Ability to conduct stress testing, portfolio monitoring, and early alert management.
- Experience in process design, control management, and policy implementation.
- Excellent stakeholder management and communication skills for expressing credit opinions.
- Strong analytical and decision-making skills to assess risk-return dynamics.
- Significant relationship management experience with regulators and rating agencies.
- Completion of the bankās credit risk accreditation program within six months of joining.
- Proficiency in risk systems, documentation review, and credit assessment processes.
