Job Description
Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.
CBD has been recognized as the number one bank in the UAE on the Forbes list of The World's Best Banks 2022.
As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile.
Job Purpose:
Development of CBD's global Structured Finance Business
Development & Management of international corporate banking relations
Principal Accountabilities:
Assist the Head and the senior team members in developing the Structured Finance business in line with the strategy of the Bank
Actively support in growing and managing the international client's portfolio
Assess new lending opportunities, structure and execute complex structured finance transactions, ensuring credit, risk, and compliance alignment, under the supervision of senior team members
Execute and coordinate the entire internal decision process, in accordance with internal procedures and management guidelines, supervising junior team members as and where relevant
Train, assist and supervise the junior team members in their tasks & deliverables (incl. strengthening their credit/analytical/financial analysis skills and developing strong financial modelling capabilities)
Lead documentation negotiations (term sheets, commitment letters, finance & commercial documents) with the support of senior team members where and when required;
Ensure a timely and comprehensive review of all information at each stage of the transaction to form an accurate and complete view on the transaction from a credit, risk and profitability perspective (including the entire DD process)
Supervise the team's junior team members in their thorough reviews of financial models to confirm consistency with negotiated contractual & financing terms, determine and run relevant sensitivities
Ensure day-to-day seamless transaction management with clients and all stakeholders involved in the transaction's execution (financial advisors, external counsels, other banks etc) with oversight from the senior team members
Coordinate efficiently with Coverage, Business/Products, Support Control (Legal, Risk, Credit, Compliance), Agency, Operations
Manage closely the department's growing portfolio, ensure accurate credit administration through timely completion of annual reviews and regular monitoring of financials, covenants etc with the full support of junior members of the team, reporting regularly to the Head/senior team members
Take full responsibility of KYC and compliance processes with the full support of junior members of the team, reporting regularly to the Head/Senior Team members
Contribute actively to identify and generate cross-divisional business opportunities and assist in the coordination amongst clients, coverage, business lines/products, management
Support in growing the clients base, which includes drafting and regularly updating internal Client Strategic Reviews for existing and new clients
Attend clients meetings and calls, support in the meetings/calls preparation (idea generation, marketing material and pitch preparation, brainstorming on multi-product business opportunities), draft and circulate meeting/call reports in a timely manner (with clear identification of next steps / assigned tasks with a defined timeline)
Maintain a strong knowledge of developments and trends in the Structured Finance space (sectors, structures, pricings, banks) and opportunities in the market
Contribute to the business strategy definition, preparation of internal budget, internal presentations and timely reporting
Keep up to date with tools/systems and ensure that the new tools are properly used, including amongst the junior team members
Prepare internal and external marketing and communication on closed deals
Ensure strict adherence to internal audit requirements, procedures and policies (including credit, risk, legal and compliance) and external regulations
Promote and support a high level of uniformity and consistency across the Bank
Maintain high ethical and professional standards
Maintain appropriate knowledge by completing all mandatory training as required
Requirements:
Education And Experience
Degree in Economics or Finance or Business Management
A minimum of 7 years of experience in Structured Finance (project and / or export finance) in a reputable institution, advisory firm or industry
Demonstrated experience managing client's relationships coverage experience would be viewed favorably
Corporate acumen and ability to prepare plans and strategies are essential
