banking jobs in UAE | CBI Bank careers

 banking jobs in UAE | Commercial Bank International careers

banking jobs in UAE | Commercial Bank International careers

Commercial Bank International announced, through its Linkedin account, a bank job in uae (Senior Officer- Remedial) according to the following:

  • Proactively manage and follow up NPA/NPL accounts.
  • Review, make proposals for write off, settlement, restructure.
  • Visit clients independently and carry out site visits to warehouses etc to evaluate clients’ position
  • Display good negotiation skills and credit perspective to convince customers to repay.
  • Managing Potential NPA/NPL and watchlist accounts
  • Coordinate with Business groups for settlement/regularization of past dues beyond 45 days.
  • Daily review of the past due report.
  • Conduct joint visits where necessary with business group to work on a strategy to resolve the past dues.
  • Communicate with the clients regarding to follow up on defaulted loans to reach amicable settlement.
  • Initiate legal notice, demand letters, emails to defaulted customers etc.
  • Prepare memos and CPs for restructure cases with guidance from Head of Remedial/Remedial Managers
  • Analyze financials, cash flows, central bank reports and other financial and non financial information.
  • Coordinate with Operations, IT, CAD to ensure that approved restructured loans etc are implemented correctly in the system and facility/ security documentation is correctly lodged.
  • Coordinate with the Credit & Trade finance Department regarding executing the defaulted loans after modifying and rescheduling defaulted accounts.
  • Recommend and Prepare files/memos to transfer accounts to legal department for legal action and to recovery agencies as decided by HRM/Legal Dept as the best course of action
  • Monitoring
  • Recommend changes to internal risk rating and ensure correct implementation in line with management decision/central bank guidelines
  • Recommend changes to Central Bank classifications based on management decision/Central bank guidelines
  • Monthly tracking of CB exposures for borrowing clients for discussion with respective RM/SRM/UH for further action
  • Monitor utilizations for watchlist accounts and highlight cases Administrative.
  • Prepare vouchers as necessary to pass entries. 
  • Follow up with Credit department regarding pending restructuring cases. 
  • Monitor limits in the system to ensure they are adjusted in line with outstanding for exit cases.
  • Perform any other duties or responsibilities consistent with the role as assigned by management. 
  • Liaising with legal department and attending expert meeting for cases under Remedial.
  • Bachelor’s degree in accounting or finance.
  • Minimum 5 years' experience in corporate banking or recovery department, specifically preparing proposals and performing customer analysis.

Details and apply for this Commercial Bank International job as follows: