Remedial Manager

Accountabilities & Key Roles:

• Maximizing recovery on defaulting customers, (Collection Rate).
• Performing debt portfolio reviews and communicating findings to all relevant parties, and take appropriate actions as and when needed.
• Analyzing Loan portfolio’s, identify delinquent accounts (If-Any), and report directly to the credit country head.
• Track and monitor any development with regards to defaulting customers, credit standings, and relationship with Arab Bank.
• Contact, negotiate and follow up with hubs, branches, customers, and subsidiaries for any development relevant to defaulting customers and remedial issues.
• Recommend actions to be taken by the concerned committee
• ( settlement, write-off, provisions).
• Maximize recovery on defaulting customers through recommending restructuring and liquidation options within set cost / loss guidelines.
• Communicate portfolio reviews to all relevant parties and take appropriate actions as and when needed for provision purpose.

Key Performance Indicators:

• Portfolio quality (Portfolio risk rating, remedial and delinquent accounts, loss rates, provisioning rates, RAROC)
• Collection Rate.

Job Requirements:

Education:

Graduate degree in accounting or any related field from a recognized university.

Experience:

Min 3-5 years experience in Remedial in a leading International Bank.

Competences:

• Good in English & Arabic
• Interpersonal & communication skills
• Computer skills
• Solutions oriented

What We Offer at Arab Bank

At Arab Bank, we offer a purpose-driven and inclusive environment where innovation, continuous learning, and employee wellbeing are at the core. We are proud to welcome individuals of all generations, genders, and backgrounds, valuing the diverse perspectives that strengthen our culture and contribute to our success.