Officer- Collections (Emiratized Role)

Company DescriptionJoin the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.Job DescriptionFollow up on allocated delinquent accounts during the month and ensure resolution of the allocated accounts cases as per target assigned through constant follow up, persuasion and negotiation with the customers in line with FAB collections policy and procedure.Key AccountabilitiesCollection ActivitiesFollow up on all allocated overdue accounts and ensure resolution as per the target assigned (monthly).Ensure detailed review of the case given the long tenure relationship with customers.Ensure full history of current RM and previous interactions are reviewed prior to a call including review of any past remedial / legal actions and current status.Ensure if rental product then BSA and TCR to be reviewed for rental status.Interact with customer in compliance to CPR to ascertain reasons for delinquency.Ensure that the individual targets based on both Efficiency and Productivity parameters are met on a monthly basis.Obtain detailed information about the overdue customers and document it on the collection system for future trails on the account.Ensure that the collection process is carried out within the framework of code of conduct and keeping in mind the reputation of the bank.Any other customer follow up action as required by the Bank from time to time.Any high risks to be flagged off to respective managers for accelerated actions.Evaluate all viable options post discussion with customer to stem flow to next overdue status.Legal, Regulatory And ComplianceEnsure compliance with local legal and regulatory requirements and report any legal and regulatory developments which impact or may impact the collection activities / legal actions.KYC (Know Your Customer)AML (Anti Money Laundering)CPR complianceAdherence of Collection Targets / BudgetsEnsure CPR compliance whilst dealing with CustomersNil High Risk Audit observations.QualificationsMinimum QualificationBachelor’s degree in related discipline.Minimum ExperienceMinimum of 1-2 years collections experience in UAE.Awareness of the legal options and remedial options.Skill Set RequiredExcellent communication skills.Basic banking knowledge.Strong negotiation skills.Good computer skills.Dialer experience.#J-18808-Ljbffr