The National Bank of Iraq (NBI) was founded in 1995 as a publicly traded, private sector company, offering comprehensive banking services to individuals and businesses in Iraq. As a result of NBI’s success and to fuel future growth, its capital was increased from the initial IQD 400 million to IQD 250 billion (USD 215 million) in December 2013. 

In 2005, Capital Bank Jordan acquired majority shares (61.85%) in NBI, allowing NBI to evolve its business offerings, strengthen its global footprint and promote financial inclusion across the country. 

With its extensive network of correspondent banks, Capital Bank stands as NBI’s gateway to world economies, facilitating internal and external remittances, granting lines of credit, as well as offering trade finance services. 

NBI operates a modern core banking system to support its growth and customer services. Capital Bank and its subsidiaries audit all accounts through Ernst and Young, and report financials in accordance with International Accounting Standards. 

NBI has earned a BB rating by Capital Intelligence, the international credit rating agency. It further received a ‘Good’ rating by the Central Bank of Iraq.

Today, NBI has more than 38 branches in all major cities in Iraq, and a branch in KSA. 

Responsibilities:

• Review and assess individual credit applications (for all types of retail banking products) and evaluate customers’ creditworthiness.
• Review credit card issuance applications and ensure that all required documentation is complete and compliant.
• Verify the accuracy and validity of information provided in applications, including identity details, address, income, and source of funds.
• Analyze credit bureau reports / credit history by assessing previous indebtedness, repayment behavior, and reflecting this analysis in the credit evaluation.
• Assess customers’ repayment capacity by analyzing financial data (such as income, debt-to-income ratio, and other relevant financial indicators) to determine their ability to meet payment obligations.
• Evaluate the level of credit risk based on the customer’s financial behavior, including previous loans, payment delays, and outstanding or unpaid debts.
• Determine the appropriate credit limit for customers based on eligibility and repayment capacity analyses, in accordance with product terms and bank credit policies.
• Coordinate and collaborate with other departments to ensure the smooth completion of unit operations.
• Provide recommendations for approval or rejection based on a thorough analysis of applications.
• Prepare periodic reports on credit card applications, including the number of approved and rejected applications, along with analysis of rejection reasons.
• Propose recommendations to enhance the efficiency and accuracy of credit card application assessment processes.
• Respond to branch inquiries regarding reasons for application rejections or guidance on improving the likelihood of future approval.

Bachelor’s in Financial & Banking Sciences or Accounting or a relevant field 

1–3 years of relevant experience required