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VP Head of Collections- PL Open Market Credit Cards

VP Head of Collections- PL Open Market Credit Cards

First Abu Dhabi BankAbu Dhabi, Abu Dhabi Emirate, United Arab Emirates
منذ أكثر من 30 يومًا
الوصف الوظيفي

JOB PURPOSE :

This role is responsible for developing and implementing policies for efficient collections and recovery of all retail banking unsecured asset products with a view of minimising NPLs. Ensure collection targets are met in terms of NPL Recovery and Bucket resolutions.

KEY ACCOUNTABILITIES :

Strategic Responsibilities

  • Formulating and implementing cost-effective collection & recovery strategies.
  • Reviewing the collections & recovery strategy regularly and ensuring that collection & recovery techniques adapt to changes in the legal and economic environment.
  • Coaching, training, developing, and motivating the team of Collection Managers to perform at high standards and develop their potential.

Core Responsibilities

  • Ensure that the budgeted NPLs cash recovery and / or provision numbers are achieved.
  • Regularly review the collections strategy and train collectors to adapt to changes in the legal and economic landscape.
  • Ensure capacity planning and load balancing for the unit.
  • Maintain contact with law enforcement agencies and external lawyers, updating the unit on legal changes.
  • Provide ongoing portfolio feedback to the Head of Credit & Collections for front-end acceptance criteria modifications.
  • Maintain low-risk audit ratings for the unit.
  • Negotiate and settle with customers through a win-win approach.
  • Ensure collection processes align with the bank's code of conduct and reputation management.
  • Establish a strong collections infrastructure, including external agencies locally and internationally.
  • Job Context

  • Adherence to Collection Policies and Procedures
  • Achievement of Collection Targets / Budgets
  • Compliance in customer dealings
  • Zero high-risk audit observations
  • Qualifications :

    Minimum Qualification : Master Degree

    Minimum Experience : At least 15 years in retail banking, including the last 23 years in senior collections roles managing teams of at least 75 staff.

    Remote Work : No

    Employment Type : Full-time

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    Head Of • Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

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