Private Banking Underwriter
5 days ago
Job Summary
Gulf International Bank is looking for a skilled Private Banking Underwriter to join our team. The ideal candidate will have experience in credit risk assessment and underwriting, with a strong background in financial modeling and loan structuring.
Credit Risk Assessment & Underwriting
The successful candidate will be responsible for evaluating the creditworthiness of high net worth individuals and ultra high net worth individuals, assessing collateral quality, and calculating key risk metrics such as Loan-to-Value (LTV) and Debt-to-Income (DTI).
- Evaluate collateral quality, including real estate, investment portfolios, and other assets, ensuring adequate security for loans.
- Calculate key risk metrics such as LTV and DTI, and assess the overall creditworthiness of clients.
- Prepare detailed credit memos for approval, highlighting risks, mitigants, and recommendations.
Risk Monitoring & Portfolio Management
The successful candidate will also be responsible for continuously monitoring existing credit exposures to detect early warning signs of financial distress.
- Conduct stress testing and scenario analysis to evaluate the impact of market changes on client portfolios.
- Ensure compliance with internal credit policies, Basel regulations, and local regulatory requirements.
- Maintain and update risk reporting dashboards for senior management and regulatory bodies.
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