Vice President, Project & Corporate Finance - UAEN

Emirates Development Bank Dubai, United Arab Emirates

Posted over 1 year ago Permanent Competitive

Job Description

Key Roles and Responsibilities:

Strategic responsibilities

Implement EDB's value-proposition (products and programs) for government and private sector clients in line with national priorities and in consultation with internal management stakeholders; ensure that EDB's value-proposition always remains relevant within the context of evolving national priorities and market needs
Engage proactively with risk and operations to ensure the delivery of transactions across the project lifecycle

Operational responsibilities

Maintain, develop, and originate relationships with EDB's government and private sector clients throughout the project lifecycle and ensure all requirements on the client front are met
Create strong brand awareness within the UAE of EDB's role in order to make EDB a preferred advisor for all financial / business transactions to our target client base
Develop EDB's "Pitch-book" in line with Head of Originations (Senior Bankers) requirements (e.g. ensuring a healthy active pipeline)
Will be part of the deal team led by Senior bankers for larger complex deals and will manage simpler deals on own with the support deal team
Ensure customer interests are protected at any given time and advise offered clearly highlights both benefits and risks undertaken
Ensure that the reputational risk of EDB is protected at all times and all transactions add value to EDB (both financial and reputational)
Build and maintain relationships with key government and private sector stakeholders across the eco-system of the five priority sectors. Enable Head of Project and Corporate Finance to maintain relationships with key government and private sector stakeholders
Support the Head of Project and Corporate Finance in reviewing the financing portfolio within parameters outlined in the credit and risk policies of EDB
Liaise with key operational functions to ensure client service delivery metrics are in line with set objectives. Escalate any significant deviations to Head of Project and Corporate Finance
Support Head of Project and Corporate Finance in facilitating partnerships between government and private sector clients, and EDB, to conduct roadshows & investor meetings with government sector
Ensure timely & accurate preparation & submission of all client-specific reports to relevant departments.
Evaluate initial viability of projects against the pre-screening (eligibility) criteria and recommend sector-specific consultants to support the client in the credit application (if needed)
Proactively engage with operational department during the operational/ commission-earning-period of the project and develop relevant documentation (e.g. loan review report)
Ensure that all client activities & operations are strictly implemented with specific reference to AML & Regulatory Compliance requirements of EDB
Support senior management in capital mobilization committees on the progress of current projects underway
Attend weekly review meetings with team to ensure compliance with policies and procedures. All exceptions to be escalated as appropriate
Proactively respond to suggestions of Audit, Compliance and Regulators. Prepare responses to reports / queries raised by Internal / External Audit