Head of Credit and Analytics | Automotive | Financial Services Rental & Leasing

Description

• 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.
• Monitor portfolio performance, delinquency trends, and concentration risks; recommend proactive risk mitigation actions.
• 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

• 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

Training + Development

Interview process

Visa Sponsorship

Security clearance