Head of Distressed

First Abu Dhabi Bank

Job Details
Location: United Arab Emirates
Location: Abu Dhabi
Industry: Banking / Mortgage Professionals
Function: Collections
Gender: Any
Candidate Nationality: Any
Candidate Preferred Location: Any
Job Type: Full-time

What You ll Do

* 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

Ideal 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