Senior Officer FRR (UAEN)
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
Commercial Bank of Dubai is seeking a Senior Officer FRR to manage non-performing loans and recovery efforts. The role requires 3-5 years of banking experience, including at least 2 years in recovery, credit review, or corporate banking.
Key Skills for This Role
Responsibilities
- Manage and implement bank management decisions to transfer accounts to the FRR department
- Responsible for timely submission of reports requested by bank management
- Manage and assist the Senior Financial Advisor in managing a delegated portfolio for non performing assets
- Establish effective working relationship with non performing defaulting borrowers to determine solutions
- Submit settlement proposals with recommendations to enhance recovery process
- Liaise closely with other departments such as documentation, legal for managing and implementing bank approved strategy
- Monitor the issuance and follow up of all approved agreements for settlements of debt
- Observe development of non performing loans and determine alternative action
- Prepare monthly/required reports on the status of non performing loans
- Ensure compliance with auditors’ requirements and internal/external reporting obligations
Requirements
- University Degree
- Minimum 3 5 years banking experience, at least 2 years in Recovery unit / Credit Review or Corporate banking
- Good command of English; Arabic language would be an asset
- Good knowledge of banking laws and procedures
- Proficiency in Microsoft Office
Full Job Posting
Description
- Manage non performing loans by developing suitable strategies and initiate recovery efforts to achieve recovery targets while ensuring the Bank’s interests are protected in co ordination with Head of Special Accounts.
Work Management
- Responsible for managing and implementing bank management decisions to transfer accounts to the FRR department, including but not limited to the adherence to the SOP processes.
- Responsible for the timely submission of reports requested by the bank management including but not limited to MIS reports, BOD monthly reporting etc.
- Responsible for managing and assisting the Senior Financial Advisor in managing a delegated portfolio for non performing assets, mitigating, and reducing loss situations.
- Establish effective working relationship with non performing defaulting borrowers to determine solutions which will protect the Bank’s interest and increase the security for the bank.
- Submit settlement proposals with recommendations and comments to enhance recovery process.
- Liaise closely with other departments such as documentation, legal, with a continuous follow up and monitoring for the purpose of managing and implementing the bank approved strategy regarding each account.
- Monitor the issuance and follow up of all approved agreements for settlements of debt and their adherence to the approved terms and conditions.
- Observe the development of non performing loans and determine at what stage alternative action should be taken and adopt cost effective measures based on the status of the loan to effect optimum recovery of the loan.
- Prepare monthly / required reports on the status of non performing loans to provide an update on the latest developments on each account and to discuss the next course of action on stale accounts.
- Ensure compliance with the auditors’ requirements, internal and external reporting obligations in line with the bank’s policy guidelines while adhering to high standards of uniformity and consistency across the Bank.
Requirements
- University Degree.
- Post Graduate qualifications
- Proficiency in Microsoft Office
- Minimum 3 – 5 years banking experience of which at least 2 years in Recovery unit / Credit Review or Corporate banking with a reputable financial institution.
- Good command of English. Arabic language would be an asset.
- Good knowledge of banking laws and procedures.
- Planning and organizing skills
- Strong investigative and persuasive skills
- Effective communication skills
- Strong analytical skills
- Pro active and able to work independently
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Commercial Bank of Dubai
Tumoo7 Graduate Programme (UAE Nationals)
Dubai, UAE
Commercial Bank of Dubai invites applications for the Tumoo7 Graduate Programme, an 18-month development journey for recent graduates. The programme offers rotational exposure, mentoring, and hands-on experience across b
Contact Centre Associate (UAE National)
Abu Dhabi, UAE
Commercial Bank of Dubai seeks a Contact Centre Associate to provide professional customer service over the phone. The role involves handling inquiries, cross-selling, complaint resolution, and achieving quality and sale
Senior Relationship Officer, Corporate Banking ( UAE National )
Dubai, UAE
Commercial Bank of Dubai seeks a Senior Relationship Officer for Corporate Banking to maintain client relationships, process credit proposals, and ensure timely credit administration. The role requires a degree in Econom
Manager, Compliance Operations
Dubai, UAE
Commercial Bank of Dubai seeks a Manager to oversee outsourced Compliance Operations activities performed by WNS in India, covering Name Screening, Payment Screening, and Transaction Monitoring. The role ensures timely,
Senior Relationship Manager, Manufacturing ( UAE National )
Dubai, UAE
Commercial Bank of Dubai is seeking a Senior Relationship Manager to manage and grow a portfolio of manufacturing clients in the UAE and GCC. The role involves client acquisition, credit management, cross-selling, and me
Team Leader, Treasury Operations
Dubai, UAE
Commercial Bank of Dubai is seeking a Team Leader for Treasury Operations to oversee end-to-end treasury and investment operations, ensuring timely and controlled execution. The role involves leading a team, strengthenin
Manager, Compliance Operations
, UAE
Commercial Bank of Dubai seeks a Manager for Compliance Operations to oversee outsourced activities in India. The role involves governance, performance management, and process improvement for name screening, payment scre
Team Leader, Treasury Operations
, UAE
Commercial Bank of Dubai seeks a Team Leader to oversee Treasury and Investment Operations. The role leads end-to-end operations for FX, money market, fixed income, derivatives, and Islamic treasury products, ensuring ti
Tumoo7 Graduate Programme (UAE Nationals)
Dubai, UAE
Contact Centre Associate (UAE National)
Abu Dhabi, UAE
Senior Relationship Officer, Corporate Banking ( UAE National )
Dubai, UAE
Manager, Compliance Operations
Dubai, UAE
Senior Relationship Manager, Manufacturing ( UAE National )
Dubai, UAE
Team Leader, Treasury Operations
Dubai, UAE
Manager, Compliance Operations
, UAE
Team Leader, Treasury Operations
, UAE