Manager Regional WPB Underwriting and Valuation

Manager Regional WPB Underwriting and Valuation (43070)

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The role also contributes to simplifying underwriting and approval processes, preparing MI for stakeholder use, liaising with Group and MENAT stakeholders to track exception caps, participating in stakeholder meetings, and supporting ad hoc projects. This role sits within the UAE Retail Risk team and focuses on exceptional underwriting for high-value IWPM retail asset products, including mortgages and wealth lending (Lombard). The role supports end-to-end underwriting approval processes in collaboration with Retail Risk Underwriting, FCCS, and the Qatar and Egypt underwriting teams.

Duties & Responsibilities:

• Support the timely and accurate implementation of Credit Policy changes in risk systems, participate in UAT, and help cascade updates to specialist underwriters to ensure decisions reflect the latest policy.
• Contribute to day-to-day underwriting by balancing risk and business needs, while operating within regulatory requirements and the operational risk framework.
• Assess and process high-value exception cases across IWPB products in the UAE and Qatar, ensuring appropriate documentation and approvals are in place.
• Monitor and help manage exception volumes in line with FIM-recommended approval rates, escalating where required.
• Share best practices and support process simplification initiatives with underwriting colleagues in Egypt, as needed.
• Support audit activities by providing evidence, responding to queries, and assisting with closure of action points for the Retail Risk Underwriting function.
• Assist with NFRO requirements for Retail Risk Underwriting, including data gathering, tracking, and reporting.
• Review secured credit transaction proposals and high-value exceptions for unsecured facilities, ensuring alignment with lending policy, the bank’s risk appetite, and CBUAE regulatory expectations.
• Approve credit proposals within Personal Approval Authority; where above limit, escalate with clear justification to HO RRU, HO Retail Risk, and the MENAT CRO, balancing risk management with business growth and economic profit objectives.
• Maintain strong working knowledge of credit policies, application and core banking systems, and underwriting processes; recommend policy enhancements based on trends in exceptions, referrals, fraud indicators, and skips.
• Produce monthly management information (MI) to support decisions on growth priorities and effective risk management.

• Build strong working relationships with business and functions to:

1. Review and re-assess portfolios to drive healthy growth within approved risk appetite and lending guidelines.
2. Support profitable revenue growth in selected customer segments.
3. Implement effective oversight and credit review processes.
4. Engage regularly with Relationship Managers, Product Managers, and Group/other Risk teams to provide guidance on products, policy, and processes.
5. Support Senior Managers in the UAE to review and manage portfolio exposures.
6. Provide guidance and stewardship to the FCCS, Egypt, and Qatar underwriting teams, as appropriate.

 Experience & Qualifications:

• A graduation degree is essential for obtaining a UAE visa and work permit. If your university certificate is from outside the UAE, up-to-date attestations and equivalency are also mandatory (Recognition of Higher Education Qualifications Issued Outside The UAE)
• The jobholder is expected to have a high degree of competence as well as organizational / managerial ability.  He/She is expected to act with a fair degree of independence and authority and must possess confidence levels to deal with, interact with and influence thought processes/decisions of senior managers in business / risk functions.
• Graduate with a minimum of 3 years of experience. Good communication and influencing skills and knowledge based on experience in handling retail credit proposals.
• Ability to understand and interpret various documents including financial statements for making a decision for the bank in terms of approval or rejection of high value loans.
• Sound knowledge of other aspects of credit risk management function and the Business as well as operations.
• Ability to work during flexible working hours caters to the demands of different time zones and working days as required.
• Ability to understand operations well and identify deficiencies well enough to have a proactive approach towards Ops Risk.
• Ability to collaborate with a team of individuals with different cultures and backgrounds

For further details and application information please visit our careers site, searching for the reference number.

We support our staff to adopt flexible and alternative ways of working where possible, including working from home and different hours subject to approvals.

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Issued by The Hong Kong and Shanghai Banking Corporation Limited