Head of Distressed Assets Credit Group
First Abu Dhabi Bank
Employer Active
Posted 7 hrs ago
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Manage a portfolio of distressed assets and achieve financial targets for collections, provision reduction, IIS, and P&L improvement
Lead, motivate, and direct a team of professionals to deliver maximum recoveries and client turnarounds
Negotiate restructuring, rescheduling, or workout solutions with clients, pursuing legal actions where necessary
Develop and implement collection strategies that adapt to changing economic and legal environments
Evaluate restructuring and settlement proposals, recommending them for management approval
Build and maintain strong relationships with law enforcement agencies, legal advisors, and collection agencies
Ensure capacity planning, load-balancing, and continuous training for the collections team
Oversee international regions managing distressed portfolios, ensuring settlements, restructurings, and legal actions are executed effectively
Maintain strict adherence to the bank s code of conduct, reputation management, and regulatory frameworks including KYC and AML requirements
Contribute to audit readiness, ensuring a low audit risk rating for the unit
Desired Candidate Profile
Bachelor s degree in Business, Finance, or a related discipline (advanced qualifications preferred)
Minimum 8 years of consumer banking experience with at least 5 years in a supervisory role
Proven expertise in distressed asset management, collections, and recovery strategies
Strong negotiation and restructuring skills with ability to manage sensitive and complex client cases
Excellent leadership and team management abilities
Strong understanding of regulatory, compliance, and legal frameworks related to collections
Ability to work under pressure while maintaining a client-focused, ethical approach
Company Industry
- Banking
- Financial Services
- Broking
Department / Functional Area
- Finance
- Treasury
Keywords
- Head Of Distressed Assets Credit Group
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First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) is the UAE s largest bank and a trusted global financial leader, delivering secure, innovative banking solutions and building long-term value for customers and communities.