Description
Job Overview
First Abu Dhabi Bank (FAB) is seeking an experienced Manager- Collections (Emiratized Role) to join their team in Abu Dhabi, United Arab Emirates. This role is crucial for managing collection activities and ensuring financial stability within the bank, adhering to best practices and regulatory standards.
Company Overview
First Abu Dhabi Bank (FAB) is one of the UAE's largest banks and one of the world's largest financial institutions, headquartered in Abu Dhabi, United Arab Emirates. FAB offers a wide range of financial products and services to individuals, businesses, and government entities across the region and internationally, committing to excellence and innovation.
Quick Details
- Salary Range: Market Competitive
- Job Type: Full-time
- Qualifications: Bachelor's Degree
- Experience: 5+ years in Collections Management
Key Responsibilities
- Oversee and manage collection activities for various financial products and portfolios.
- Develop and implement effective collection strategies and policies to optimize recovery rates.
- Monitor collection performance and ensure key targets and KPIs are consistently met.
- Lead, mentor, and motivate a team of collection specialists, fostering a high-performance culture.
- Ensure strict compliance with all regulatory requirements, internal policies, and ethical standards.
- Prepare comprehensive collection reports and present insights to senior management.
Requirements
- Bachelor's degree in Finance, Business Administration, Economics, or a closely related field.
- Minimum of 5 years of progressive experience in collections management, preferably within the banking or financial services sector.
- Proven strong leadership and effective team management skills.
- Excellent negotiation, communication, and interpersonal abilities.
- In-depth knowledge of collection laws, regulations, and best practices.
- Proficiency in relevant collection software, financial systems, and Microsoft Office Suite.
Benefits
- Competitive salary and a comprehensive benefits package.
- Significant opportunities for career growth and professional development within a leading bank.
- Work in a dynamic, supportive, and multicultural environment.
- Access to robust employee welfare programs and initiatives.
- Opportunity to contribute to a key financial function in the UAE's largest bank.
- Exposure to international banking standards and practices.
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