Sr. Corporate Credit Risk Officer
National Bank of Kuwait
Total years of experience :21 years, 8 Months
Perform complete Financial Analysis of company in order to recommend appropriate credit facilities to minimize risk in this regard, the following is conducted:
o Assess Company’s credit worthiness through applying a detailed analysis of the quantitative & qualitative data of their financial statements.
o Applying vertical & horizontal analysis to determine the development of their financial performance trend and weight wise, cash flow analysis, asset quality, and capital structure.
o Analysis the cash flows from operating activities, and evaluating the client's ability to meet the financial burdens, as well as making sure of granting the client appropriate credit facilities and examine debt repayment capacity under different scenarios.
o The analysis includes assessing feasibility studies, projected financial statements and accounts of existing & new clients, performing peer analysis, creating market intelligence and understanding of the industries etc.
o Use financial modeling tools and own market intelligence to make sensible projections, cash flow analysis, debt service ability under stress scenarios and optimum financing structure recommendation.
o Conduct sensitivity analysis and stress tests on the client’s financial statements and the capital structure to measure debt repayment capacity.
o Early Warning signals are monitored in order to track the financial performance of the client and see if any deterioration of financial performance through a combination of percentages that are measured so that the bank can evaluate the client’s credit worthiness and then take the appropriate action in a timely manner.
o Analysis of the collaterals provided through a set of conditions to be provided and apply suitable Financial Covenants where required.
o Recommend credit facilities request based on the above comprehensive analysis which best protect bank’s Interest.
Attends on need basis customer meetings in order to be better informed with the company business model and the industry characteristics.
Attend the Senior Credit Committee for any discussions or clarification required from the credit committee.
Prepare monthly executive summary report of Corporate Credit Portfolio for Top Management Review.
• Conduct Credit reviews and ensure credit quality through ongoing analysis of portfolios. Such review process should be completed in a timely manner as set by the credit policy guide and work procedures established by the Division head.
• Maintain regular contact with customers in order to follow up loan payments, dues, or overdue and ensure eventual payments, as well as to provide close attention to criticized loans.
• Identify future bad and doubtful accounts in order to advice and give assistance to reduce that risk, as well as, to identify any problems proactively.
• Market new accounts relevant to the division as has been assigned and ensure the quality of the accounts that are being marketed. In addition, the individual should on an ongoing basis attempt to explore opportunities to develop the existing portfolio and to cross sell all banks products.
• Ensure the build up of a new customer file in terms of proper company’s documentation, securities and facilities proposals.
• Maintain existing customer’s satisfaction with the bank’s services.
• Ensure that comprehensive comments on exception returns and excesses over board limits relevant to his/her accounts are properly and timely delivered.
• Ensure that instructions and policies laid down by CBE and his/her superior are observed.
• Revise that all regular required reports are promptly prepared and completed by the administrative assistants.
Main Responsibility the executing of the credit Committee Approvals :
- Preparation the proposed client’s exposure and profitability before submitting the client credit request to the committee.
- Preparing the facility’s Letter, Contract, mortgage legal memo’s and any requested docs by the committee based on the requested Collateral.
- Following up the correct authorized Signatories on behalf of the Co.
- Following up the correct formalization of the credit facilities by the operation Department.
Managing daily workflow operations and the enquiries of the portfolio clients (opening new accounts, F.D's, LC's LG's, LBD's, Transfers, credit cards, Investment Funds, Treasury Deals, Fees & Charges) and insuring the correct implementation of the client requests day by day.
Daily Follow up the portfolio’s Facilities expiration, Maturing Deposits, Irregular Accounts,
Giving full support for the credit officer & replacing him during his absence & training the new staff.
ƒہ Managing Daily Payment Bills Settlements ( Acceptance, Sight, Provision Bills and Transactions)
ƒہ Obtaining Foreign Currencies Exchange From The Treasury Services.
ƒہ Applying The Special Instructions & Facilities which the Division offers it For each Company during the Bills Settlements ( special rates, discounting, financing, ..)
ƒہ Responsible for the Disbursement of Agent's Commissions And Reporting the Outstanding Comm. To The Head Manager ( Half Monthly Reporting ).
ƒہ Seeking Credit Officers approval For Overdrawn and Insufficient Co Account for settlements.
ƒہ Customers Services ( Endorsing and Releasing Negotiation Documents ( sight - Acceptance), Issuing Shipping Guarantees, Answering Any Queries about charges, fees, commissions،K..)
- Daily Data Entering ( Revenues, Expenses, Payments, ..)
- Handling Customers Needs ( Answering any Queries, Selling, And
Receiving Payments)
- Reporting The Monthly Balance Sheet To the Accounting & Auditing Office.( And Daily Receipts, Bills, Revenues).
- Following the Customers Debits and collecting Money.
Kuwait Maastricht Business School in Association with Maastricht School of Management - Netherlands.
Bachelor of Commerce