We're Hiring: Senior Credit Monitoring Specialist
Location: United Arab Emirates (Remote)
Employment Type: Full-Time
Experience Level: Senior
Work Arrangement: Fully Remote
About UsWe are a globally focused organization committed to maintaining disciplined credit management, portfolio quality, risk visibility, and sustainable financial performance across diverse markets.
Our Credit, Risk, Relationship Management, Finance, Treasury, Legal, and Operations teams collaborate to monitor borrower performance, identify emerging credit risks, maintain compliance with lending requirements, and support informed credit decisions throughout the lending lifecycle.
The RoleWe are seeking an experienced Senior Credit Monitoring Specialist to lead ongoing monitoring of borrower financial performance, credit exposures, covenants, collateral, repayment behavior, risk indicators, and portfolio developments.
The ideal candidate will provide independent and timely visibility into emerging credit risks, monitor compliance with approved facilities and credit conditions, investigate adverse trends, and support proactive risk mitigation across the credit portfolio.
Key Responsibilities
- * Develop and maintain credit-monitoring frameworks, standards, procedures, and risk indicators.
- Monitor borrower and counterparty credit exposures throughout the facility lifecycle.
- Review borrower financial performance against approved credit assumptions and expectations.
- Analyze financial statements, management accounts, cash-flow information, budgets, forecasts, and operating results.
- Assess trends in revenue, profitability, leverage, liquidity, cash generation, working capital, and debt service capacity.
- Monitor borrower performance against financial covenants and approved credit conditions.
- Calculate and validate leverage, interest-coverage, debt-service, liquidity, and other relevant financial ratios.
- Track covenant thresholds, headroom, testing dates, reporting requirements, and breaches.
- Identify early warning indicators of deteriorating borrower credit quality.
- Monitor adverse movements in financial performance, liquidity, leverage, repayment behavior, collateral values, and business conditions.
- Establish borrower risk-monitoring profiles based on facility structure, industry, geography, exposure, and risk rating.
- Review borrower management information and operational performance for significant changes.
- Monitor payment behavior, overdue amounts, missed payments, restructuring requests, and other signs of financial stress.
- Track loan utilization, outstanding balances, maturity dates, repayment schedules, and available facility limits.
- Monitor excesses, temporary overdrafts, limit breaches, and unauthorized exposures.
- Review changes in borrower indebtedness, banking relationships, capital structure, and funding arrangements.
- Monitor external credit information, ratings, adverse media, legal developments, and relevant market indicators.
- Conduct periodic credit reviews based on approved monitoring frequencies and risk classifications.
- Prepare detailed credit-monitoring reports for Relationship Managers, Credit Committees, Risk teams, and senior management.
- Escalate material deterioration, covenant breaches, payment issues, or other emerging credit risks promptly.
- Recommend appropriate risk-mitigation actions based on identified credit concerns.
- Support enhanced monitoring arrangements for higher-risk borrowers and stressed exposures.
- Coordinate with Relationship Management and Credit teams on remediation plans and risk responses.
- Monitor compliance with conditions precedent, conditions subsequent, financial covenants, information undertakings, and other facility requirements.
- Track receipt of audited financial statements, management accounts, compliance certificates, valuations, insurance documents, and other required information.
- Review borrower reporting submissions for completeness, consistency, and timeliness.
- Investigate missing, inconsistent, or unreliable borrower information.
- Maintain accurate credit-monitoring records, review schedules, risk assessments, and supporting documentation.
- Monitor collateral and security coverage in coordination with Credit Administration and relevant teams.
- Track collateral values, insurance coverage, security perfection, valuation dates, and required revaluations.
- Identify changes in collateral coverage that may increase credit risk.
- Monitor concentration risk by borrower, group, sector, geography, product, collateral type, and other relevant dimensions.
- Analyze portfolio trends and identify emerging concentrations or correlated risks.
- Monitor watchlist, special-mention, impaired, restructured, or otherwise heightened-risk exposures.
- Support classification and migration of exposures according to approved credit-risk frameworks.
- Assist with expected credit loss and impairment assessments by providing relevant borrower and exposure information.
- Monitor risk-rating changes and investigate material movements in borrower risk profiles.
- Support periodic credit-rating reviews and ensure appropriate documentation is maintained.
- Conduct industry and sector analysis to identify external developments that may affect borrower credit quality.
- Monitor macroeconomic and market conditions relevant to material credit exposures.
- Assess the potential impact of interest rates, foreign exchange, commodity prices, inflation, regulation, and market volatility on borrowers.
- Support portfolio stress testing and scenario analysis.
- Evaluate the potential effect of adverse financial and operational scenarios on borrower repayment capacity.
- Prepare borrower and portfolio-level early warning reports.
- Maintain credit-monitoring dashboards and key risk indicators.
- Track remediation actions, responsible owners, target dates, and completion status.
- Verify that agreed credit-risk mitigation actions have been implemented effectively.
- Support internal and external audits, regulatory reviews, and credit-risk examinations.
- Provide evidence relating to monitoring activities, covenant testing, borrower reviews, risk ratings, and escalation decisions.
- Review credit-monitoring processes for control weaknesses and recommend improvements.
- Identify opportunities to automate monitoring, covenant calculations, reporting, alerts, and portfolio surveillance.
- Support implementation and enhancement of credit-risk, loan-management, and portfolio-monitoring systems.
- Develop standardized monitoring templates, checklists, procedures, and reporting methodologies.
- Ensure credit-monitoring activities comply with internal policies, delegated authorities, regulatory requirements, and risk-management standards.
- Mentor junior credit-monitoring professionals and provide guidance on complex borrower reviews.
Key Performance Indicators
- * Credit-monitoring completion rate
- Monitoring review timeliness
- Borrower financial information receipt rate
- Financial statement review timeliness
- Covenant monitoring accuracy
- Covenant testing completion
- Covenant breach identification rate
- Covenant breach escalation time
- Early warning indicator effectiveness
- Risk deterioration identification rate
- Risk-rating review completion
- Risk-rating accuracy
- Watchlist monitoring timeliness
- High-risk exposure monitoring coverage
- Overdue exposure identification
- Payment-default detection time
- Limit-exception monitoring accuracy
- Facility utilization monitoring accuracy
- Loan maturity monitoring accuracy
- Collateral monitoring completion
- Collateral coverage accuracy
- Insurance and valuation document compliance
- Borrower reporting compliance
- Credit-review completion rate
- Portfolio concentration monitoring
- Sector-risk monitoring
- Geographic concentration monitoring
- Portfolio risk trend accuracy
- Stress-testing completion
- Scenario-analysis coverage
- Remediation action completion
- Risk escalation timeliness
- Credit-monitoring exception resolution
- Expected credit loss data quality
- Credit-risk dashboard accuracy
- Credit-reporting timeliness
- Monitoring documentation completeness
- Audit finding resolution
- Regulatory review readiness
- Credit-system data accuracy
- Monitoring automation rate
- Manual monitoring effort reduction
- Policy and procedure compliance
- Stakeholder satisfaction
- Repeat credit-risk issue reduction
Ideal CandidateThe successful candidate should have strong experience in credit monitoring, credit risk, lending operations, portfolio management, credit analysis, corporate banking, or financial risk management, preferably within a commercial bank, financial institution, corporate lending environment, or complex credit portfolio.
The candidate should demonstrate:
- Strong understanding of credit-risk monitoring and portfolio surveillance principles.
- Proven experience monitoring corporate, commercial, institutional, or other lending exposures.
- Strong financial-statement analysis and credit-analysis capabilities.
- Experience analyzing borrower profitability, leverage, liquidity, cash flow, and debt-service capacity.
- Strong understanding of financial and non-financial credit covenants.
- Experience calculating and monitoring covenant ratios and compliance requirements.
- Strong knowledge of early warning indicators and borrower-risk deterioration.
- Experience monitoring payment behavior, facility utilization, overdue exposures, and limit exceptions.
- Strong understanding of collateral, security coverage, valuations, and insurance requirements.
