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    RA

    Rakbank

    Banking

    Collections Specialist

    Any, United Arab EmiratesOn-SiteFull-time1+ yrs experiencePosted 2w ago
    All Rakbank jobs

    Job description

    What You'll Be Doing:

    Collections & Recovery

    • Manage an allocated portfolio of delinquent customer accounts and drive recovery efforts.
    • Achieve assigned collection, recovery, and portfolio performance targets.
    • Proactively contact customers through approved communication channels to facilitate account regularization.
    • Minimize delinquency levels and support effective portfolio management.

    Portfolio Monitoring & Risk Management

    • Monitor early warning indicators and identify accounts requiring preventive action.
    • Assess customer situations and recommend appropriate solutions.
    • Support reduction of portfolio flow rates and provisioning impact.
    • Escalate complex cases and potential risks where appropriate.

    Customer Engagement

    • Negotiate repayment solutions and payment commitments with customers.
    • Handle customer queries professionally and provide timely resolutions.
    • Maintain positive customer relationships while achieving business objectives.
    • Gather customer and market insights to support process and business improvements.

    Service Excellence & Operations

    • Deliver excellent customer service to both internal and external stakeholders.
    • Maintain accurate records of collection activities and customer interactions.
    • Meet productivity, quality, and performance standards established by management.
    • Support departmental objectives and assist team members where required.

    Compliance & Governance

    • Ensure adherence to the Bank's collection policies, procedures, and regulatory requirements.
    • Comply with Central Bank regulations and internal governance frameworks.
    • Maintain the highest standards of professionalism and ethical conduct.
    • Contribute to maintaining a strong control and compliance environment.

    What We're Looking For:

    Education

    • Bachelor's Degree or equivalent qualification.

    Experience

    • Minimum 1 year of experience in Collections and Recovery, Banking, Financial Services, or a related field.
    • Experience handling customer negotiations and delinquent account management is preferred.

    Industry Exposure

    • Understanding of collections, recoveries, and customer account management.
    • Familiarity with financial products and customer servicing environments.
    • Exposure to financial statement and cash flow analysis is advantageous.

    What’s In It For You:

    • Competitive, performance-linked compensation.
    • Medical coverage for you and your family.
    • Comprehensive life insurance.
    • Career development opportunities within a leading UAE bank.
    • Exposure to a dynamic and performance-driven collections environment.
    • A collaborative culture focused on learning, growth, and customer excellence.

    Skills:

    • Communication Skills: Strong verbal and written communication abilities.
    • Negotiation Skills: Ability to influence outcomes and reach mutually beneficial solutions.
    • Customer Focus: Commitment to delivering positive customer experiences.
    • Decision Making: Sound judgement and problem-solving capabilities.
    • Collections & Recovery Knowledge: Understanding of collections processes and recovery strategies.
    • Analytical Skills: Ability to assess customer situations and identify appropriate actions.
    • Resilience: Ability to perform effectively in a target-driven environment.

    Job details are sourced from the employer's original posting.

    Open job posting
    RA

    About the company

    Rakbank

    At  RAKBANK , we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.

    View all Rakbank jobs
    Industry
    Banking
    Open roles
    74

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