AVP Collections | UAE

Job Position: AVP Collections
Job Description: First Abu Dhabi Bank – Abu Dhabi – Manage the team’s assigned portfolio and achieve the set financial targets in terms of collection, reduction of provisions and IIS and improving the P&L. Managing, motivating and Managing, motivating and leading a team of professionals, which has a direct and substantial impact on the Bank’s P&L, Balance Sheet and rating with External Agencies. Lead, manage and direct the assigned team in order to ensure maximum recoveries and turnarounds by offering and implementing creative financial solutions to assist and support customers. Lead the restructuring negotiations with clients with a focus on the recovery and turnaround of those cases considered highly sensitive and difficuolt, including legal action where necessary. Evaluate restructuring, rescheduling, workout or write off propsals and recommend it for management approval. Review the collections strategy regularly and train collectors to ensure that the collection techniques change with change in the legal and economic situation of the country. Ensure capacity planning is in place and a load-balancing is done for the unit. Remain in constant touch with law enforcement agencies and external lawyers and keep the unit updated on any changes anticipated in the legal scenario of the country Provide portfolio feedback on an on-going basis to Head of Collections for modification of the front end acceptance criteria. Ensure low audit risk rating for the unit. Negotiate and work out a best possible settlement with the customer with a win-win approach Ensure that the collection process is carried out within the framework of the bank’s code of conduct and keeping in mind the reputation of the bank Set up a strong collections infrastructure for recovery of delinquent accounts through empanelment of external collection agencieslocally and internationally. Maintain regular follow up with the international regions to conclude settlement plans, restructuring proposals and take necessary legal actions where needed for t…see more details

Apply Now

Note: This advertisement for AVP Collections maybe valid for one month from the date it was posted, so don’t miss the chance and apply now!

Get a job, Upload your CV to HiringUAE
For more job offers visit Hiring Dubai | Hiring Pinas | UAE Careers | Raketera
Be social, join our chatroom or share your experience in UAE.
Be updated, subscribe to Hiring UAE feed
Advertise here, use Post a Job or Become A Website Sponsor
Other services by 3rd party: Place to Stay | Fly to UAE | Dubai Visa

Become our follower!
Join us on Telegram