Senior Officer, FRR (UAE National)
Core
Managing and implementing bank management decisions to transfer accounts to the FRR department, handling non-performing assets, and recovering loans.
Role type
Senior Financial Recovery Officer (IC)
Builds
Recovery strategies and settlement proposals for non-performing loans
Domain
Banking / Financial Services / Credit Recovery
Required skills
Non-performing loan management, settlement proposal preparation, stakeholder negotiation, regulatory compliance, MIS reporting, portfolio management, loss mitigation, debt recovery strategies, banking law knowledge, Microsoft Office proficiency
Preferred skills
Arabic language, post-graduate qualifications
Responsibilities
Transfer accounts to the FRR department, submit MIS and BOD reports, manage delegated portfolio for non-performing assets, establish working relationships with defaulting borrowers, liaise with legal and documentation departments, monitor settlement agreements, observe loan development and adopt cost-effective recovery measures, prepare monthly reports on non-performing loans, ensure compliance with auditors' requirements
Seniority
Senior, hands-on IC