Corporate Collections Manager, Saudi Arabia recruitment
The ideal candidate will be responsible for the risk management of the Non-Performing corporate loan with the specific objective of minimizing expected losses on these accounts by maximizing the collection/recoveries.
Responsibilities:
- Confirm recoveries assigned are approved, registered and entered in the computer system.
- Engage in correspondence with the borrowers before and after finalization of settlement plan.
- Ensure that periodic checks on margin and collateral valuations in respect of customer risk exposures are carried out.
- Prepare periodic reports summarizing key findings and results of recoveries including recommendations of various legal actions against borrowers.
- Meet with customers to negotiate settlement plan, draft terms and conditions and complete documentation prior to effecting rescheduling of liability in the system.
Requirements:
- Bachelor’s degree or High School Certificate.
- At least 4-5 years of experience in a similar role in managing, guiding and advising team of collectors in the Banking field and mainly in corporate collection.
- Should possess good knowledge about the government (Ministry of Commerce, Police and Courts) rules and regulation.
- Candidate must be fluent in Arabic.
To apply for this role, kindly quote the Job Title in the subject of your email and send your CV as an attachment in MS Word Document format to bayden.tierney@gulfconnexions.com
Only short listed candidates will be contacted.
January 17, 2012
• Tags: Commercial Banking careers in the Saudi Arabia, Corporate Collections Manager, Saudi Arabia recruitment • Posted in: Financial