AVP Collections - Commercial Discretionary Lending

الوصف الوظيفي
First Abu Dhabi Bank aims at getting Stronger, larger and being one of the world’s largest financial institutions. The merger of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) has created the biggest bank in the UAE with approximately $186 billion of assets as at March-end 2017.

Job Purpose
The purpose of this job is to directly manage the distressed assets and vulnerable accounts under the discretionary lending of the
Business Banking Group domestically, and to maintain an oversight of all international locations where distressed assets are being managed for efficient and effective recovery of NPLs while achieving the set financial targets in terms of collection, reduction of provisions and IIS and improving the P&L;with a Domestic Portfolio size of AED503M (of which AED325M pertains to Written off accounts) & AED276M Internationally.

Strategic Responsibilities
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 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.

Core Responsibilities
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 bankSet 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 the managed portfolio under their respective rehions, to maximize the cash recovery, IIS & provision write back and improved P&L;.

Capacity Matrix

Size of Portfolio AED472M Domestically & AED276M Internationally

Number of Delinquent Accounts 355 - Domestically & 54 - Internationally

Number of Staffs : 4

Size of NPL AED132M Domestically

Size of Provision
AED82M & AED69M Internationally

Key Performance Indicators
Adherence to Collection Policies and Procedures
Adherence of Collection Targets / Budgets
Ensure compliance whilst dealing with CustomersNil High Risk Audit observations

المهارات
Qualifications, Experience, Skills and Competencies
Threshold Qualifications :
Minimum post graduate level in accountancy/commerce/economics such as MBA.

Years & Nature of Experience :
Minimum of 12 years of experience in consumer banking with at least 5 years in a Senior Managerial Role

Any Relevant Skills : Bank procedures and policies and services Knowledge

تفاصيل الوظيفة
منطقة الوظيفة: دبي, الإمارات العربية المتحدة قطاع الشركة: البنوك طبيعة عمل الشركة: صاحب عمل (القطاع الخاص) الدور الوظيفي: التمويل والإستثمار نوع التوظيف: دوام كامل الراتب الشهري: غير محدد عدد الوظائف الشاغرة: غير محدد الرقم المرجعي للوظيفة: JB3761351
المرشح المفضل
المستوى المهني: متوسط الخبرة

https://www.bayt.com/ar/uae/jobs/avp-collections-commercial-discretionary-lending-3761351/