Sunday, September 8, 2013

Legal Collections Administrator - Gulf Bank

To manage portfolios totaling KD25m of legal and charged off CBG loans and credit cards so that recoveries for the Bank are maximized while minimizing losses.

Education / Qualifications:
Diploma in commerce/accounting/finance

Knowledge:
General understanding of Collections activities and practices

Experience:
minimum 1 year in similar role preferred

Generic & Specific Skills:
    Persuasive communicator
    Planning
    Fact  Analysis
    Bilingual in Arabic & English
    Proficient in IT (MS Office & Banking software)

Accountabilities:
Recoveries
    Manage and update a portfolio of legal settlement accounts
    Contact, negotiate and recover monies from customers who have charged loans and/or cards
    Conduct professional and commercially focused discussions with customers who attend the Bank
    Identify and exploit opportunities to agree commercially prudent short settlements with customers
    Develop/implement loan reschedule strategy on accounts complying with CBK regulation

Customers
    All negotiations to be conducted with fairness and professionalism
    All payment solutions should be reasonable for both Bank and customer, and be reflective of financial circumstances
    Provide advice and information to customers on legal status and the judicial process

Systems
    Update collections system with all activity and outcomes
    Use call recording systems for all outbound/inbound call traffic
    Review all customer account systems to identify if monies available to correct a delinquent account

Reports
    Update legal systems and charge off data files with all key events and payments
    Ensure Ci-Net records are updated to reflect payment outcomes while requesting the removal of legal enforcements on settled legal cases

Corporate governance & compliance
    Kuwait legal framework
    All compliance and Central Bank regulations
    AML policies and procedures

Apply Online

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