Ensure full compliance with CBUAE Finance Companies Regulations, Consumer Protection Standards, AML/CFT requirements, and related circulars or notices.
Liaise with CBUAE examiners during inspections and respond to regulatory queries.
The Head of Credit is responsible for leading the Company's end-to-end credit risk management, underwriting, and portfolio monitoring functions. The role ensures that all credit activities are conducted within the approved risk appetite, aligned with CBUAE regulations, internal governance policies, and the Group's risk management standards. The Head of Credit will oversee credit strategy and execution across various lending products while supporting the Hertz operating lease business through tailored credit structures and asset-risk assessment. Critical to this role is balancing risk and growth objectives, ensuring high-quality portfolio performance, regulatory compliance, and prudent decision-making that enables sustainable business expansion.
Establish end-to-end credit approval processes, including KYC/AML checks, documentation standards, and limit management.
Chair or participate in Credit Committee meetings and ensure sound underwriting decisions.
Ensure adequate segregation of duties between credit origination, underwriting, and collections/recovery.
Build, lead, and mentor a high-performing Credit Department covering underwriting, credit risk analytics, and portfolio management.
Drive continuous training on CBUAE regulations, risk assessment, and market best practices.
Develop and maintain the Company’s Credit Risk Management Framework and Credit Policy in line with CBUAE Finance Companies Regulations, Corporate Governance Standards, and IFRS 9/ECL requirements.
Oversee consumer and corporate credit underwriting to ensure consistent application of risk standards across all products including personal loans, credit cards, auto finance, and SME lending.
Prepare and present periodic credit risk reports to the CEO, Board Risk Committee, and regulators.
Define risk appetite, product-specific credit criteria, and approval authority limits; obtain Board and CBUAE approvals as required.
Requirements
credit digitalization
risk management
finance degree
uae regulations
10+ years
senior leadership
Experience driving credit digitalization and automation initiatives within a regulated financial institution.
Proven track record in consumer and corporate credit risk management, portfolio analytics, and collections strategy.
Bachelor’s degree in Finance, Banking, Economics, or a related field required; Master’s preferred.
Experience in digital lending, credit scoring models, and automated decision systems is desirable.
Proven experience engaging directly with the UAE Central Bank and developing compliant credit policies aligned with regulatory standards.
Track record of building and leading credit teams in a high-growth or transformation environment.
Demonstrated ability to design, implement, and scale credit systems across multiple lending and leasing products.
Candidates must come from the banking or financial services sector within the UAE market, with a strong understanding of local regulations and practices
Strong knowledge of CBUAE regulations, Basel/Risk Management standards, IFRS 9, and UAE market practices.
Minimum 10-15 years of progressive credit risk/underwriting experience in the UAE banking or finance sector, with at least 5 years in a senior leadership role.
Strong integrity, independence, and objectivity in decision-making, particularly under commercial or business pressure.
Hands-on expertise in credit initiation and underwriting, ensuring sound credit assessment and portfolio quality.
Benefits
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Training + Development
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Interview process
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Visa Sponsorship
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Security clearance
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Company
Overview
AED 11.4 bn
Annual Revenue
The company generates billions of dirhams annually, highlighting its significant regional economic impact.
30 Brands
Automotive Portfolio
Showcasing the company's extensive automotive presence across multiple countries in MENA and Asia.
300+ Stores
Retail Network
Highlighting the extensive retail operations that bring global brands to local markets.
Born in the 1930s as a family venture in Dubai, it evolved into a regional powerhouse across 18 countries.
It built a portfolio spanning automotive, retail, real estate, finance, health, and education divisions.
Real estate highlights include Dubai Festival City, mixed-use developments, and logistics hubs.
Financial services include insurance, broking, and consumer financing across the region.
Health segment delivers modern clinics and patient-centric care solutions.
Education arm partners with global institutions, supports Arabic excellence, and collaborates with NASA challenges.
The narrative includes pioneering projects like hydrogen fuel stations and AI-driven retail innovation.
Culture + Values
Customer obsession: We put the customer at the center of everything we do.
Integrity: We act with honesty and integrity in everything we do.
Innovation: We constantly seek new ways to improve and innovate.
Excellence: We are committed to delivering excellence in all our operations.
Sustainability: We are focused on creating a better future for all by delivering sustainable solutions.
Environment + Sustainability
2050
Net Zero Emissions Target
Commitment to achieving net-zero emissions by a specific year, reflecting long-term sustainability goals.
Expanding the portfolio of sustainable products and services across industries.
Improving energy efficiency across operations.
Minimizing waste and promoting recycling in all facilities.
Implementing green building initiatives in all new developments.
Inclusion & Diversity
Gender Diversity: Increased focus on balancing gender representation in leadership roles.
Workplace Inclusion: Initiatives aimed at fostering a more inclusive work environment for all employees.
Employee Resource Groups: Support for various employee-led groups that focus on diverse needs and communities.