Job Description :

Our client, a leading Middle East based bank is looking for a Corporate Collections Manager to join its dynamic team in Jeddah, Saudi Arabia.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.

Job Responsibilities:

• Engage in correspondence with the borrowers

before and after finalization of settlement plan.

• Confirm recoveries assigned are approved,

registered and entered in the computer system.

• Prepare periodic reports summarizing key findings and results of recoveries

including recommendations of various legal actions against borrowers.

• Ensure that periodic checks on margin and collateral valuations in

respect of customer risk exposures are carried out.

• Meet with customers to negotiate settlement plan, draft terms and conditions and complete documentation prior to effecting rescheduling of liability in the system.

Qualification Requirements:

• Bachelor’s degree or High School Certificate.

• At least four to five 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.