1. JOB PURPOSE :

Support the Credit Management Department within Treasury Controls Division by assessing counterparties for ADNOC sales and group entities, monitoring credit exposures and collateral, and ensuring credit processes are consistently applied across the Group.

Act as a focal point for credit administrative matters and organizational requirements, support the assessment of banking deposit limits, LC issuance and Bank Guarantees, and assist Treasury in evaluating asset management banks and financial institutions used to invest money market funds - contributing to the protection of ADNOC's revenue, liquidity and balance sheet.

2. KEY ACCOUNTABILITIES:

Job Specific Accountabilities

Counterparty Credit Assessment

• Support in assessing counterparties for ADNOC sales and group entities, including review of financial statements, credit ratings, ownership structure and overall risk profile to inform credit limit recommendations.
• Maintain up-to-date counterparty files and credit assessment records, ensuring information is accurate, complete and aligned with internal credit standards.

Group Credit Risk Integration:

• Drive the integration of credit risk exposures across ADNOC's Group Companies (including listed entities and subsidiaries) to maintain a consolidated, enterprise-wide view of credit risk.
• Consolidate and monitor group-wide counterparty exposures, ensuring alignment of credit risk management practices and consistency in credit risk governance across the Group.
• Facilitate the alignment of credit risk policies, credit limits, and risk appetite across all business units and Group entities, promoting a unified and robust credit risk framework for ADNOC. Escalate material Group exposure concentrations or policy breaches to management and recommend actions to mitigate group-level credit risks.

Systems Integration & Reporting Consolidation:

• Oversee the integration of credit risk systems and data across ADNOC and its Group Companies, including consolidation of credit exposure reporting via Credit System and SAP platforms. Coordinate with IT and Group Company counterparts to ensure seamless data flow and accuracy of credit risk information from various systems, enabling timely, comprehensive group-level credit risk reporting.
• Verify and reconcile accounts receivable aging reports and other credit data from all Group Companies against approved credit limits and exposures, ensuring data quality and consistency in consolidated credit risk dashboards and management reports. Identify any discrepancies or data quality issues (e.g., mismatches between receivables aging and credit exposures) and work with relevant teams to resolve them promptly.
• Provide assurance that group-level credit risk reporting is accurate, complete, and supports informed decision-making by senior management.

Generic Accountabilities

Treasury Function Supervision

• Support Treasury in assessing banks and financial institutions used to invest in money market funds and other short-term instruments.
• Contribute to the safe placement of corporate liquidity by reviewing financial strength, ratings and concentration risk of approved investment counterparties.

Risk Management

• Contribute to and support the establishment of a Treasury Function Integrated Risk Management System within, to identify relevant risks and support implementation of mitigating measures.

Budgets and Operational Plans

• Provide input to the preparation of the Department's annual budget in line with business objectives and operational plans.
• Support monitoring of expenditure against approved Department budget and assist in investigating and reconciling significant variances.

Policies, Systems, Processes & Procedures

• Implement approved policies, processes, systems, standards, procedures and internal controls to support execution of the Department's work programs in line with Company and international standards.

Performance Management

• Contribute to the achievement of approved Performance Objectives for the Department in line with the Company Performance framework.

People Development

• Proactively pursue self-development in accordance with Human Capital policies, support knowledge transfer among peers, and contribute to the development of UAE Nationals as appropriate.

Innovation and Continuous Improvement

• Identify and implement improvements in credit and treasury control processes against best practices to enhance efficiency, accuracy and control.

Health, Safety, Environment (HSE) and Sustainability

• Support implementation of an HSE culture and comply with relevant HSE policies, procedures, systems and controls and applicable legislation and sustainability guidelines, in line with international standards and ADNOC Code of Practices.
• Participate in HSE training and induction to meet HSE standards.

Management Information Systems (MIS) and Reports

• Provide input and contribute to the preparation of accurate and timely reports and information for Company Management to effectively manage the business using the applicable systems that are in place.

3. COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal

• Regular contact with the Credit Management Manager and the wider Treasury Controls team for day-to-day credit risk activities.
• Frequent contact with Sales, Marketing and Trading units, and ADNOC group entities, for counterparty information, exposure monitoring and collateral matters.
• Regular contact with other Finance functions, IT, Legal and Internal Audit as required.

External

• Regular contact with banks, financial institutions, asset managers, rating agencies and external service providers.
• Contact with counterparties for credit information, KYC documentation and collateral arrangements.
• Regular contact with internal and external auditors.

4. QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:

Minimum Qualification

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration or related discipline.

Minimum Experience & Knowledge & Skills

• 5 - 8 years of relevant experience in credit risk, credit management, credit assessment, collateral instruments (LCs, BGs, guarantees), counterparty risk, treasury or banking within a large corporate or financial institution.
• Strong analytical, data handling and reporting skills, including proficiency in Excel and ERP / treasury systems (e.g., Bloomberg, Reuters, S&P Capital IQ).
• Good understanding of credit committee processes and credit governance frameworks.

Professional Certifications

• Professional certification such as CFA, FRM, ACCA, CPA or CICM is preferred.