Unit Head - Collection - Recovery Unit

1) Minimum of 7 - 10 years of banking work experience.

2) Minimum of a Bachelor's/Master degree

Only male candidates can apply.

To formulate and implement Strategies to effectively manage, control and reduce the Non-Performing Assets Portfolio of the International Branches (Saudi & Kuwait).

- To install an early detection mechanism for delinquent accounts & furnish timely information to all concerned departments and Management Team.

- To provide management on regular basis trend analysis of the portfolio and recommend credit measures to be applied.

- To recommend appropriate steps for recovery of delinquent accounts and ensure action / follow up including strengthening of security and legal action where necessary.

- Meet with clients and negotiate for recovery / settlement / rescheduling of classified delinquent accounts.

- Preparation of write-off / legal action / settlement proposals for approval of management / Board.

- Ascertain assets / income of recalcitrant borrowers.

- Liaise with Legal Department and Bank's Lawyers to discuss cases under litigation.

- To arrange sale of mortgaged / acquired properties of delinquent borrowers by liaising with real estate agents or other means.

- Submit progress reports and periodic reviews and other MIS to the Management in respect of recoveries and status of the delinquent accounts including adequacy of loan loss provisions.

- Document policies and procedures to serve as a road-map for the day-to-day operations.