Officer- Collection & Remedial – UAE National

Job Purpose

Our client is hiring an Officer- Collection and Remedial 

The role holder is responsible for monitoring Collections as per the payments scheduled & create a remedial plan in case of deviants.

Job Responsibilities
  • Contact beneficiaries using multiple communication channels to follow up on delayed payments. 
  • Negotiate payment schedules and ensure commitments are adhered to. 
  • Update file notes/proposals with the latest financial information and follow-ups. 
  • Prepare remedial proposals, memos, and restructuring facilities with financial analysis for non-performing accounts. 
  • Draft and manage correspondence with lawyers, legal firms, courts, and regulatory bodies. 
  • Coordinate closely with external legal consultants and government entities to ensure timely resolution and comprehensive documentation of cases. 
  • Maintain proper documentation as per approvals and ensure safe custody of records. 
  • Create periodic reports on collections and remedials portfolio for executive management. 
  • Coordinate with regulatory bodies (including Central Bank Inspectors) for necessary enquiries and documentation. 

Qualifications / Experience Required

  • Knowledge of legislation in relations to collection and recovery.

  • Excellent communication skills.

  • Bachelor’s degree in finance, Risk Management, Business Administration or related discipline.

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