Head of Credit Risk Special Assets Management & Portfolio Oversight

Head of Credit Risk – Special Assets Management & Portfolio Oversight.

To avoid disappointment, please only apply if you have current relevant experience.

A leading UAE bank is seeking an experienced Credit Risk leader to join its senior risk management team in a role that serves as the principal deputy to the Chief Risk Officer.

This is a highly visible leadership position with responsibility for both the Bank's Special Assets and Remedial portfolios, alongside second-line oversight of the wider credit portfolio across Corporate, Commercial, SME Banking.

To avoid disappointment, please only apply if you have current relevant experience.

Approximately 70% of the role will focus on the management and optimisation of stressed, watchlist and non-performing assets, driving recovery strategies, restructuring initiatives and portfolio remediation. The remaining 30% will involve providing independent second-line challenge and oversight across the broader credit portfolio, ensuring alignment with risk appetite, regulatory expectations and portfolio quality objectives.

Key responsibilities include:

• Leading the Bank's Special Assets Management and Remedial functions

• Driving strategies to maximise recoveries and minimise credit losses

• Oversight of distressed restructuring, watchlist and non-performing loan portfolios

• Providing independent portfolio risk assessment and challenge across all lending segments

• Supporting the CRO in credit risk governance, regulatory engagement and Board reporting

• Representing the CRO at key committees and stakeholder forums when required

• Ensuring compliance with UAE Central Bank regulations and credit risk management standards

• Delivering meaningful portfolio insights that influence executive decision-making

We are particularly interested in candidates who are currently performing a similar role within a UAE-based bank of comparable scale and complexity.

The successful candidate will possess:

• Extensive experience leading Special Assets, Remedial, Workout, Recovery or Portfolio Credit Risk functions

• Strong knowledge of UAE banking regulations and Central Bank expectations

• Proven success managing distressed and non-performing portfolios

• Broad credit risk expertise across corporate, commercial and retail banking

• Experience operating within a second-line risk management framework

• The credibility and presence to act as a trusted adviser to Executive Management and Board Committees

• A track record of leading teams and developing high-performing risk functions

This opportunity would suit a seasoned credit professional seeking a strategic leadership position with significant influence, executive exposure and a clear succession pathway within the Risk Management function.

Due to the long-term nature of the appointment, candidates should be able to demonstrate the capacity to provide sustained leadership and continuity over the coming years.

To avoid disappointment, please only apply if you have current relevant experience.

Thanks

Parv

PS If you are reading this and are looking to hire Talent, please email me at [Confidential Information] to arrange a meeting and discuss your hiring requirements