274 Financial Recovery jobs in the United Arab Emirates

Job Title : Restructuring Specialist

Manage classified assets to minimize loss and maximize recoveries by adapting workout solutions.

• Monitor and steer restructuring activities (workout) until completion for relationships under management .
• Develop and review strategy for each relationship under management to ensure effective adherence to approved workout strategies.
• Produce credit proposals, analysis, and recommendations on the best way to manage distressed accounts through workout in order to maximize recovery.
• Comply with audit issues and bank policies promptly.
• Maintain data/statistics for accounts under management and complete files with respective approvals.
• Ensure a well-ordered portfolio with no overdue or expired items.
• Propose legal action where necessary and coordinate with internal and external legal counsel.
• Review and propose amendments to classification and provision levels in line with the Credit Loss Provisioning Policy.
• Provide input for improvement of systems, processes, and practices while considering best practices and changes in the business environment.
• Coach junior team members to improve their competencies.
• Report and update the status of the assigned portfolio regularly.
• Refer key decisions with significant impact to the Head of GSAM.
• Comply with laws, rules, regulations, including but not limited to AML/OFAC/sanctions and reporting suspicious activities.
• Adhere to Sharia principles and the values of the organization.

Specialist Skills / Technical Knowledge Required:

• Ability to analyze situations, strategize, and select the best course of action.
• Experience in developing markets.
• Good presentation and negotiation skills.
• Ability to work under target work pressure, prioritize, and deliver results.
• Alignment of Risk Mitigants and Business Objectives to support recovery objectives.
• Team player able to work within a group and promote a cross-functional environment.

• Bachelor's Degree in Business Administration/Finance/Accounting or equivalent specialization.
• 10 years of work experience in banking/financial sector out of which 5 years should be in Special Assets/Restructuring and Workouts Debt Advisory M&A Advisory.
• Previous experience in credit and financial analysis project finance departments.
• Knowledge of Islamic/Sharia compliant banking products/practices would be an added advantage.

We are seeking a highly skilled and experienced Financial Recovery Specialist to join our team. As a key member of our operations, you will play a vital role in driving the success of our business by overseeing the implementation and enhancement of receivables collection mechanisms across all projects.

In this role, you will be responsible for proactively reaching out to customers to collect outstanding payments, ensuring timely reconciliation of customer accounts, and allocating payments received through bank transfers. Your excellent communication skills and ability to negotiate with customers will enable you to successfully resolve disputes and restructure payment plans as needed.

The ideal candidate will have a strong background in banking or real estate collection, with 4-6 years of experience in a similar role. Proficiency in Microsoft Office, particularly MS Excel, is essential for this position. Knowledge of Arabic, French, or Russian languages is an added advantage.

• Implement and enhance receivables collection mechanisms across all projects.
• Proactively reach out to customers for default payment collection.
• Ensure timely reconciliation of customer accounts and allocate payments received through bank transfers.
• Resolve disputes and restructure payment plans as needed.
• Send payment reminders to customers and follow up on outstanding payments.

• 4-6 years of experience in banking or real estate collection.
• Excellent communication and negotiation skills.
• Proficient in Microsoft Office, particularly MS Excel.
• Knowledge of Arabic, French, or Russian languages is an added advantage.

We offer a competitive salary package and opportunities for growth and professional development. If you are a motivated and results-driven individual looking for a new challenge, we encourage you to apply.

A payment collection executive is responsible for managing and ensuring the timely collection of payments from clients or customers. This role involves tracking outstanding accounts, following up with customers regarding pending dues, maintaining accurate financial records, and ensuring all collections align with company policies and targets.

1. Collect payments from resellers and merchants.
2. Issue receipts and maintain accurate records.
3. Submit daily collection reports.
4. Address payment queries and escalate issues.
5. Build strong client relationships and meet collection targets.

• Employment visa.
• Basic salary + commission.
• Growth opportunities within the company.

A leading multinational corporation is currently seeking a skilled professional to fill the role of Credit Management Specialist in Dubai.

The ideal candidate will be responsible for pursuing outstanding invoices, monitoring and controlling credit extended to customers, and working to meet rigorous monthly collection targets.

1. Chase debt and reduce debtor days in accordance with company policies.
2. Allocate payments in line with company procedures.
3. Ensure major accounts operate within agreed order-to-cash cycles.
4. Daily and month-end reporting and account reconciliations are essential tasks.
5. Investigate and resolve queries related to non-payment of invoices.

To be considered for this opportunity, you must possess the following qualifications and skills:

1. Qualified Chartered Accountant/ Certified Public Accountant (CA/CPA).
2. Ideal experience in head office reporting in large organizations.
3. 3-6 years' experience in similar roles is preferred.
4. Proficiency in computer programs, particularly Excel, is necessary.
5. Analytical and solution-focused mindset is required.
6. Prompt and polite telephone manner is essential.
7. English is a mandatory requirement, while Arabic is desirable.

This is a challenging role that requires expertise in debt collection, a strong understanding of recovery strategies, and a focus on maintaining positive customer relations while ensuring compliance with relevant regulations.

The successful candidate will be responsible for managing the recovery of overdue accounts, developing and implementing tailored debt resolution strategies based on customer circumstances, and initiating contact with delinquent customers to negotiate settlements, payment plans, or full debt recovery.

Key Responsibilities:

1. Debt Collection:
• Manage and directly handle debt recovery efforts for overdue accounts.
• Develop and implement tailored debt resolution strategies based on customer circumstances.
• Initiate contact with delinquent customers to negotiate settlements, payment plans, or full debt recovery.
2. Customer Relationship Management:
• Maintain professional relationships with customers, ensuring a balance between firm collections and customer empathy.
• Address complex or escalated customer accounts, working toward effective and amicable resolutions.
• Resolve disputes and complaints while upholding a positive image for the organization.
3. Compliance and Regulation:
• Ensure adherence to all relevant debt collection laws, regulations, and industry standards.
• Stay informed on industry trends and legal changes to ensure best practices in the debt resolution process.
4. Performance Monitoring and Reporting:
• Track personal performance metrics, including recovery rates and customer engagement.
• Prepare and present reports on recovery activities, outlining key results and areas for improvement.
• Regularly assess and adjust collection strategies to meet organizational recovery goals.
5. Operational Efficiency:
• Continuously seek ways to streamline debt collection processes for improved productivity.
• Utilize collection software and tools to track progress and maintain accurate records.
6. Collaboration and Stakeholder Management:
• Work with internal teams to coordinate and support the overall debt recovery process.
• Collaborate with external agencies or partners as needed to facilitate collections.

Debt collectors play a crucial role in maintaining the financial health of businesses and individuals.

We are seeking highly skilled debt collectors to join our team. As a debt collector, you will be responsible for contacting debtors and negotiating payments to recover outstanding debts.

Our ideal candidate is highly motivated, results-driven, and possesses excellent communication skills. If you have experience in customer service or sales, we encourage you to apply.

• A Bachelors degree in any field
• Strong command in English
• Intermediate knowledge of MS Office

Competitive salary: AED 2.5 to 3K + incentives

Monday to Friday working hours with a weekly off on Saturday

• Ability to work under pressure and meet deadlines
• Self-motivation and strong work ethic

If you are a team player who is eager to take on new challenges, please submit your application.

We are seeking highly motivated and detail-oriented professionals to join our team in the role of Debt Recovery Specialists. The primary responsibility will be to collect outstanding debts, manage customer accounts, and ensure timely payments.

You will work closely with clients to resolve any discrepancies and maintain a high standard of customer service.

• Collect overdue payments through phone calls, emails, and correspondence.
• Review customer accounts and reconcile discrepancies.
• Provide excellent customer service while handling inquiries and addressing concerns related to payments.
• Maintain accurate records of communications with clients in the database.
• Work collaboratively with the collections team to achieve departmental goals.
• Follow up with clients on payment agreements and promises made.
• Prepare reports on account statuses and collections progress.

• Prior experience in collections, customer service, or a related field is preferred but not mandatory.
• Strong communication and negotiation skills.
• Detail-oriented with good organizational skills.
• Ability to handle difficult conversations with professionalism.
• Familiarity with collection software or CRM systems is a plus.
• Proficiency in Microsoft Office applications.
• High degree of resilience and ability to work in a target-driven environment.

Debt Recovery Specialist

We are seeking an experienced Debt Recovery Specialist to join our team.

The successful candidate will be responsible for recovering debts by contacting debtors, negotiating payments and settlements, and updating customer records.

This is a challenging role that requires strong communication and negotiation skills, as well as the ability to work under pressure to meet targets.

• Contacting debtors to negotiate payment arrangements
• Negotiating settlements with debtors
• Updating customer records to reflect changes in debt status
• Meeting monthly targets for debt recovery

To be successful in this role, you will need:

• A degree in a relevant field (e.g. business, finance)
• Strong communication and negotiation skills
• Ability to work under pressure to meet targets
• Intermediate knowledge of MS Office

This role offers:

• A competitive salary
• Incentives for meeting targets
• A working schedule of Saturday to Thursday, with Fridays off

Please note that this role requires the ability to work under pressure and meet targets. If you are a motivated individual with excellent communication and negotiation skills, we encourage you to apply.

Job Title: Debt Recovery Specialist

We are seeking a skilled and organized professional to oversee the company's receivables, ensuring timely payments from clients and minimizing financial losses.

• Monitor customer accounts to identify overdue balances and initiate recovery activities.
• Contact clients via phone, email, or written correspondence to follow up on outstanding invoices.
• Negotiate payment plans and resolve disputes in a professional manner.
• Reconcile accounts and allocate incoming payments accurately in the accounting system.
• Maintain accurate records of all communications and transactions related to debt recovery.
• Collaborate with the sales and customer service teams to address billing issues or disputes.
• Assess the creditworthiness of new and existing customers and set appropriate credit limits.
• Prepare and issue regular statements and aging reports.
• Escalate high-risk accounts or legal matters as needed.

• Proven experience in debt recovery, collections, or accounts receivable.
• Strong understanding of accounting principles and financial regulations.
• Excellent communication, negotiation, and interpersonal skills.
• High level of accuracy and attention to detail.
• Ability to manage multiple accounts and prioritize tasks effectively.
• Proficiency in Microsoft Excel and accounting software.