🌎
This job posting isn't available in all website languages

VP & Head of Business Banking Collections & Restructuring

📁
Group Credit
📅
DUB001466 Requisition #
Thanks for your interest in the VP & Head of Business Banking Collections & Restructuring position. Unfortunately this position has been closed but you can search our 7 open jobs by clicking here.

Key Requirements:

  • 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.
  • To represent collections in internal committees including Early Alert Committee/Special Assets Committee.
  • Preparation of annual collection budget based on the nature of portfolio under management and scope for collection & recovery.
  • Establishing and maintaining collaboration with various functions including Business Unit, Credit Committee, Credit Administration, Legal, Operations and Compliance unit in order to ensure effective monitoring and management of the assigned portfolio.
  • Sound knowledge on legal practices and experience in handling legal cases in the SME area.
  • Effective people management skills, business etiquette and interpersonal skills.
  • Proven track record in SME collections and recoveries.
  • Lead the restructuring negotiations with clients focusing recovery and turnaround of cases considered as highly sensitive and initiation of legal action where necessary.

Core Responsibilities:

  • Allocate collection portfolio and targets to various product teams under SME collections.
  • Ensure that the unit achieves set annual target in terms of Provision, Resolution, Cash Collection and Recovery.
  • Ensure that capacity planning is in place and load-balancing is done for the unit.
  • Provide portfolio feedback on an on-going basis to Head of Collections for modification of the front end acceptance criteria.
  • Evaluate restructuring, rescheduling, workout or write off proposals and recommend for management approval. 
  • Review the collections strategy regularly and provide suggestions/improvement plans to ensure that the collection techniques employed are in line with the legal and economic dynamics of the market.
  • 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.
  • Ensure nil/minimum audit qualification on the units function.
  • Negotiate and work out best possible settlement with customers through 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.

Qualification:

  • Candidate should possess post graduate degree in Business Administration.
  • Minimum of 12 - 15 years of experience in Remedial/Collection function with at least 3 years in SME Business Banking Collections.
  • Excellent Communication skills
  • Bank procedures and policies and services Knowledge
  • Strong negotiation skills
  • Good analytical skills

Previous Job Searches

Activity Feed

6420
Job shares through First Abu Dhabi Bank
Someone applied to the Director - Account Bank Management - Group Transaction Banking position. 24 minutes ago
Someone applied to the Director - Account Bank Management - Group Transaction Banking position. 24 minutes ago
Someone applied to the SVP & Head of Compliance, CIB position. 24 minutes ago
Someone applied to the SVP & Head of Compliance, CIB position. 38 minutes ago
Someone applied to the Director - Account Bank Management - Group Transaction Banking position. 38 minutes ago