Career Opportunity

Assistant Vice President of

Credit

UAE Based Bank

Dubai Based Role

Shane Phillips Consultants

Assistant Vice President Credit

Dear Candidate; The most important thing in your life is your family. The second most important thing in your life is your career. That is why it is paramount that your career is managed by qualified professionals. This opportunity is being presented to you by Shane Phillips Consultants. A family business which has been in Executive Search for two generations dating back to the 1970s when it was first called “The Phillips Group”. Over time we have developed a deep understanding of what are the key ingredients of a successful executive search company, one such ingredient is discretion. You have my personal guarantee that your identity and personal details will be kept in confidence throughout the initial stages of this selection process. Discretion is the corner stone of our business and your anonymity will be protected as you explore this career opportunity. This assignment is personally being handled by myself, Shane Phillips, and if you do not know me or have never heard of me please see my personal biography at the end of this document or visit my website at http://www.shanephillips.net

This Document Contains the Following;

The Opportunity Pg 3

The Role Pg 4

Candidate Qualifications Pg 5

Shane Phillips Consultants Company Summary Pg 6

Shane Phillips Biography Pg 6

Application Instructions Pg 6 Thank you for taking the time to review this career prospect. I look forward to the opportunity of making a contribution to your success in the near future. Should you have any questions please contact me directly at +971 50 940 7537 or email me at shane@shanephillips.net as I will be delighted to take your call. Sincerely,

Shane Phillips Managing Director

Assistant Vice President Credit

UAE Based Bank

The Opportunity

This large universal bank has competitive offerings in Retail Banking, Corporate Banking, Wholesale Banking, Investment Banking, Private Banking, and every imaginable service and product that is offered in the GCC banking environment. They employ a large sophisticated team of professionals which spans over 50 nationalities from all over the world. While the bank is headquartered in the UAE, they have operations on an international level in several countries. The bank has won many accolades in its various areas of expertise. As the institution marches forward into the 21st Century it is dedicated to developing a best in class Risk Management Function. The bank has dedicated numerous resources to creating an impactful risk culture in the organization and currently requires a seasoned and mature Assistant Vice President of Credit Risk (AVPCR) to join their team. The AVPCR is a critical member of the core team of the overall risk function. As a key component of the risk culture in the bank the AVPCR will be a significant influence towards the values of the risk department. Possessing a depth of understanding of risk, the AVPCR will look at everything from incentives to controls as it relates to Credit Risk. Seasoned and mature he/she will work towards creating an environment which fosters knowledge transfer and will have develop a platform for mentorship of junior staff. With strong communications skills, he/she will be required to liaise with business unit heads often needing to dispense persuasive advise on suitable risk appetite while being able to bring consensus to complicated situations. He/she should also possess the maturity to effectively deal with internal and external auditors on credit matters relating to the portfolio under his/her overview. The AVPCR will join the vanguard of the bank's risk evolution as the organization marches forward where growth is clearly on the horizon and a market which requires new techniques for growth tempered with robust risk management practices to protect it. With new constraints from Basel III, changing rules regarding sanctions, and increased anti-money laundering legislation, the bank requires a committed, innovative and passionate candidate to join the risk team at this opportune and exciting time for the risk function.

Assistant Vice President Credit

UAE Based Bank

The AVPCR will be responsible for appraisal, assessment & control of credit exposures under his/her assigned portfolio. Looking after the control function, he/she will be entrusted to ensure the bank takes on assets which meet its lending standards in terms of risk. He/she will play an important contributory role in the setting up of credit policies. He/she will ensure that processing of credit proposals from Corporate Banking teams is completed within agreed time-frames under pre-agreed SLAs which to ensure acceptable turn-around time. He/she will be responsible for the ongoing measurement of credit risk and the assessment of provisions. The AVPCR will be responsible for managing the credit portfolio under his/her assigned business units and teams and will be required to approve credit applications as well as excesses within delegated authority. Credit applications that exceed his/her delegated authority will require appraisal and recommendation to be put up for consideration to the next level of approval authority which may rest either within the department or be presented to the bank's Credit Committee or in the case of even larger proposals to the Board Credit Committee. The AVPCR will be required to monitor the portfolio of assets and exercise close surveillance to ensure healthy status; they will research and analyze both micro and macro perspectives to provide anticipatory warnings of risks, foresee danger signals and advise measures to prevent losses. The AVPCR will identify weak accounts within the allocated portfolio and recommend for downgrading and necessary provisioning if so required. Possessing strong communication skills the AVPCR will be able to effectively interact with business managers up to the level of Heads of Corporate Banking and Private Banking etc and also with Internal/External Auditors, Central Bank Inspectors, and Consultants on various credit and allied issues. The AVPCR will also have the pedigree to provide advisory support on credit policies, lending structures, documentations and guidance to business heads/units in managing complex credit risks. Key areas of the remit include Corporate Loans Portfolio, Credit Policies and Guidelines, Remedial Management, Rescheduling & Restructuring of facilities as required, Credit Approvals, Internal & External Controls, active participation in Audits both Internal and External, Mentorship and high level of engagement in the Emiratization program is required.

The Role

Assistant Vice President Credit

UAE Based Bank

Candidate Qualifications

Key Strengths and Abilities

Candidates for the role of Assistant Vice President of Credit Risk should have;

15+ years working in banking with a minimum of 10 years in corporate credit risk.

Bachelors or Masters degree. CA/CFA/ CPA not mandatory but valued in this role. Commanding knowledge of risk best practices with a proven

ability to create a risk culture in an organization. Strong analytical abilities with a history of being able to “see

around corners” complimented by strong communication skills and ability to create consensus and mobilize people to follow a new direction.

High energy, ambition and drive are required. Demonstrated intellectual curiosity regarding human capital

and the organization. Proven leadership capabilities and ability to create consensus

with direct reports, managers and senior stakeholders. Excellent communication skills in English, additional languages

are also valued. Experience and Credentials Required

The preferred candidate will have more than 15 years of experience in banking with a minimum of 10 years in risk. An attested university degree is mandatory and will be required for this position. Additional qualifications such as, or equivalent will be valued in this position but are not mandatory for the right candidate.

Educational and Background Checks will be performed:

Please note all candidates will undergo a vigorous background check of vocational and educational credentials. Those candidates with unaccredited degrees need not apply. Reference checks will also be performed. This is the standard policy and procedure of Shane Phillips Consultants.

All communication and applicants for this role must be handled by Shane Phillips Consultants. Please email your interest directly to Shane@shanephillips.net. and/or to ak@shanephillips.net

Assistant Vice President Credit

UAE Based Bank

Shane Phillips Consultants

Shane Phillips Consultants is a boutique executive search firm specializing in placements in the Middle East. The firm planted its roots in the 1970s in Canada where The Phillips Group was first founded. After the retirement of Carl A. Phillips the business was re-opened in Dubai. With two generations of Executive Search experience, Shane Phillips Consultants offers high touch bespoke service for clients looking to hire the best people. Services offered include Executive Search, Executive Assessment, Recruitment Process Outsourcing, and Training & Development. Shane Phillips Biography Shane is a leading Executive Search Consultant in the Middle East Region and is the Managing Director of Shane Phillips Consultants, a local boutique search firm. Given his passion for the employment market, Shane has his own show on Dubai Eye 103.8 every Thursdays at 8pm called “Eye on Careers”. He is the Host of “Top Guns Season II” which is a show on Zee TV. Shane is also a monthly writer for CEO Magazine, Global Citizen Magazine, Accountant Magazine and an expert in Senior Executive job placement. Shane has an MBA from London Business School, and an undergraduate degree in Psychology from the University of British Columbia. He is a Non Executive Board Member of Fortis Group Holdings and Founder of Big Brothers Big Sisters UAE. He was formerly a Board Member of the Canadian Business Council, President of the Club for Canadians and a volunteer with Special Families Support Group. To Apply for this Position; Please send your CV in word format by email to the below address or feel free to me on my mobile should you have any questions about the position. I look forward to the opportunity to make a value added contribution to your career. Shane Phillips, Managing Director Shane Phillips Consultants Email: Shane@shanephillips.net Mobile: +971 50 940 7537