SME's recovery officer, Commercial Banking
NBAD
Total years of experience :16 years, 4 Months
- Follow up daily basis non performing accounts report for SME’s for the assigned Area.
- Contacting defaulters & discuss a suitable settlement arrangement.
- Review & Raise RACNP reports to RMD for further settlement negotiations/legal action.
- Provide branches with the appropriate instructions to either upgrade account to Normal status or to write off & close accounts.
- Provide best efforts to minimize impact of provisions over banks end year profits.
- Generate monthly non performing accounts report for the assigned branches
- Raise NOA1 & RACNP reports to higher management
- Listing defaulters name in central bank black list.
- Contacting defaulters & discuss a suitable settlement arrangement for loans/credit cards
- Urge un-cooperative customer to make payments by raising legal and criminal claims through legal departments.
- Assign skipped cases to debt collectors outside country.
- Prepare monthly cash recovery report for assigned branches to higher management.
- Instruct branches with the appropriate write off entries to be passed & to close settled accounts.
- Provide best efforts to minimize impact of provisions over banks end year profits.
- Defend banks position & meet with account experts assigned by court & provide them all documents needed & responses for all inquiries required.
- Sending Notifications, warning letters of an overdue outstanding amount to defaulted companies.
- Contacting company’s representatives & reach a suitable settlement arrangement to settle due amount.
- Collecting chq payments from companies & credit the same to ADNOC general accounts leaguer.
- Raise Reports to higher management to initiate claims against un-cooperative companies.
- Raise monthly reports to higher management of total amount recovered.