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Emirates Investment Bank pjsc
Associate - Credit (UAE National Ethraa Graduate)Emirates Investment Bank pjsc • Dubai, Dubai, United Arab Emirates
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Associate - Credit (UAE National Ethraa Graduate)

Associate - Credit (UAE National Ethraa Graduate)

Emirates Investment Bank pjsc • Dubai, Dubai, United Arab Emirates
19 منذ أيام
الوصف الوظيفي

Job Purpose

Our Emiratisation initiatives aim to develop future leaders by nurturing skilled and competent banking professionals. We focus on identifying, attracting, and mentoring top Emirati talent to elevate their careers. We are excited and committed to support the Ethraa program and UAE Central Bank’s objective to encourage talented Emirati graduates to join the banking sector.

The programme consists of three phases

Foundation Phase: Covers fundamental Banking knowledge.

Specialisation Phase: Focuses on training relevant to Credit domain. This phase also includes mentoring, coaching support, and skill enhancement training.

Certification Phase: Involves obtaining international professional certifications.

Key Accountabilities

  • Assist in evaluation of real estate-backed lending proposals, including review of property valuations and collateral quality.
  • Support determination and validation of Loan-to-Value (LTV) ratios for both Equity Release and Lombard Lending, including application of internal policy thresholds and stress scenarios.
  • Contribute to structuring of equity release / top-up financing proposals against existing property holdings.
  • Prepare and assist in drafting Credit Proposal Notes for private banking clients.
  • Analyze client financial profiles, including income streams, net worth statements, and liquidity positions.
  • Support monitoring of collateral values and margin calls, especially in volatile market conditions.
  • Track covenants and exposure limits, ensuring compliance with internal policies.
  • Liaise with Relationship Managers (Private Bankers), Risk, Legal, and Valuation teams.
  • Assist in portfolio reviews, including sensitivity analysis on property and security prices and LTV movements.

Exposure Areas

  • Deep understanding of LTV-based lending – practical exposure to how LTVs are calibrated, including haircuts, market volatility adjustments, and asset liquidity considerations.
  • Real estate credit expertise – hands‑on involvement in evaluating property‑backed financing, including equity release structures and refinancing strategies.
  • Exposure to HNW/UHNW client portfolios – understanding complex wealth structures, including multiple assets, jurisdictions, and leverage strategies.
  • Risk structuring skills – learning how credit is structured to balance client needs with prudent risk management (tenor, margining, collateral coverage).
  • Market‑driven risk awareness – insight into how real‑estate cycles, interest rates, and macroeconomic factors impact collateral values and lending decisions.
  • Cross‑functional collaboration – close interaction with Front Office (Private Banking), Risk, Legal, and external valuers.

Qualification & Experience

  • UAE National with a Family Book.
  • Bachelor's degree in any major; specialization in Banking and Finance preferred.
  • GPA 2.7 or higher.
  • Graduates from 2024 onwards.
  • Freshers or with less than 1 year experience.
  • National Service must be completed for male candidates.
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