Officer- Collection Operations

First Abu Dhabi Bank; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial institution in Dubai is looking for a professional to manage collections legal cases. The successful candidate will coordinate with law firms, assist team members during absences, and monitor vendors for assigned cases. A Bachelor's degree and a minimum of 5 years of experience in the banking sector are required. This full-time position is based in the office with no remote work options available.

Qualifications

• Minimum 5 years of relevant experience in the banking sector.

Responsibilities

• Handle collections legal cases, coordinating with law firms.
• Assist team members in their absence.
• Monitor vendors for assigned cases.
• Attend expert meetings and ensure timely updates.

Education

Bachelor's degree

Job description

JOB PURPOSE:

The incumbent is responsible for handling collections legal cases chq. Execution cases Civil cases cases against bank liaising with collection teams for in-court settlements/ releasing cases handling accountancy cases assigned cases against the bank attending different expert meetings following up with law firms on case stages to minimize losses and maximize collections and cash recovery.

KEY ACCOUNTABILITIES:

• Coordinating with law firm to for new cases assigned (Chq. Execution REPO Civil/Cases against bank) follow up across different stages and update the system and trackers.
• Assist in being back up for any other team member who is not in office or during leaves as assigned (criminal/civil/legal notice/Repo/Chq Executionetc.).
• Working closely and monitoring our vendors (law firms) for the assigned cases to each service provider especially AUH cases.
• Liaising with law firms to get the cases filed as per agreed TAT and sharing any additional required documents.
• Attending expert meetings and whenever required and reviewing commentaries and memos.
• Ensuring updating the system and legal flags of all allocated cases.
• handling assigned cases against the bank and extending support whenever required.
• Ensuring original files retrieval and returns as per process and policy.
• Handling referred requests and escalations related to collections received through various channels and taking the same to a resolution.
• Working closely with Collection and Recovery different teams for legal support or advisory whenever applicable.
• Attending Training and adhere to policies // Enforces company policies and values without creating negative reactions // Timely completion of Mandatory training

Qualifications :

Minimum Qualification

• Bachelors degree.

Minimum Experience

• Minimum 5 years of relevant experience in the banking sector

Remote Work :

No

Employment Type :

Full-time