
First Abu Dhabi Bank
VP – Credit – Fund and Leveraged Finance
- Permanent
- Abu Dhabi, United Arab Emirates
- Experience 10 - 15 yrs
Report job as expired
Job expiry date: 21/08/2025
Job overview
Date posted
07/07/2025
Location
Abu Dhabi, United Arab Emirates
Salary
AED 60,000 - 100,000 per month
Experience
10 - 15 yrs
Seniority
VP/Executive
Qualification
Bachelors degree
Expiration date
21/08/2025
Job description
The VP – Credit – Fund and Leveraged Finance at First Abu Dhabi Bank (FAB) is responsible for independently evaluating, structuring, and recommending credit proposals related to structured debt facilities for private equity funds, sovereign wealth funds (SWFs), financial sponsors, and asset managers. The role includes assessing financing structures such as Capital Call Facilities, NAV-based financing, hybrid facilities, and back leverages. It entails analyzing fund structures, investment strategies, asset quality, and counterparty risks, along with reviewing term sheets in coordination with legal advisors to identify credit and structural risks. The position involves setting credit terms including limits, amortization schedules, covenants, and event of default clauses, as well as monitoring ongoing credit exposure at both product and counterparty levels. The role also includes ensuring compliance with FAB's credit policies, relevant regulatory standards like Basel norms and IFRS 9, and industry best practices. Strong financial modelling skills and market risk understanding for both listed and unlisted entities are essential. The role requires collaboration with internal Relationship Management, Corporate Finance, Risk, and Legal teams as well as external advisors.
Required skills
Key responsibilities
- Independently handle credit evaluation and approval for structured debt facilities involving SWFs, financial sponsors, and asset managers
- Coordinate with Corporate Finance on developing product programs and contribute to RAC development
- Analyze fund structures, investment strategies, and asset quality as part of credit risk assessments
- Review term sheets and work with legal counsel to identify and mitigate credit and structural risks
- Set credit terms and conditions including limits, covenants, amortization, and seniority
- Monitor credit exposure and perform ad-hoc risk analysis on structured debt exposures
- Ensure compliance with internal credit policies and external regulatory requirements
Experience & skills
- Minimum 10–12 years experience in banking or NBFI, including 5 years in structured debt and fund financing
- Strong understanding of fund structures, capital commitments, and waterfall distributions
- Advanced financial modelling and analytical skills
- Proficiency in evaluating both listed and unlisted market risk elements
- Strong communication skills for articulating risk considerations and credit rationale
- Familiarity with regulatory standards including Basel norms and IFRS 9