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VP Head of Collections- PL Open Market Credit Cards

Company

First Abu Dhabi Bank

Location

abu dhabi, United-Arab-Emirates

Type

Full-time

JOB PURPOSE

This role is responsible for developing and implementing policies for efficient collections and recovery of all retail banking unsecured asset products with a view of minimizing NPLs. Ensure collection targets are met in terms of NPL Recovery and Bucket resolutions.

KEY ACCOUNTABILITIES Strategic Responsibilities
  • Formulating and implementing cost‑effective collection & recovery strategies
  • Reviewing the collections & recovery strategy regularly and ensuring that the collection & recovery techniques change with changes in the legal and economic situation in the country
  • Coach, train, develop, motivate the team of Collection Managers and assist them to perform to high standards and develop their potential to enhance knowledge‑based skills.
Core Responsibilities
  • Ensure that the budgeted NPLs Cash recovery and/or provision numbers are achieved
  • Review the collections strategy regul...

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