108 Receivables Management jobs in the United Arab Emirates

Join to apply for the Specialist- Credit Control (Emiratized Role) role at First Abu Dhabi Bank (FAB)

Company Description
Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities to grow through differentiation, agility, and innovation. We are looking for top talent, and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company, in an exciting & dynamic industry.

Job Description

JOB PURPOSE: The Group Credit is a credit origination that enables business growth of First Abu Dhabi Bank's Corporate and Investment Banking (CIB) business, meets the service aspirations of our customers, and remains an independent assurance provider of credit quality through sound credit risk, product, and market knowledge. This role primarily supports Abu Dhabi / Dubai and NE/PCG clients on credit processes and administration of sanctioned limits.

The role manages credit limits related to credit facilities, guides team members in daily transactions regarding limit encoding & control, and ensures compliance with policies, processes, and procedures of FAB and regulatory authorities.

Key responsibilities include:

• Processing/authorization of credit limits, Facility Offer Letters (FOL), and related releases, including documentation, PPC discounting, SVR, availment tickets, interest suspension, write-offs, charges, fees, and lien releases.
• Preparation and authorization of internal memos, customer grade changes, and certificates.
• Monitoring work submission channels for task allocation.
• Processing obligor details requests in line with local regulations.
• Ensuring accurate and timely completion of daily tasks, updating trackers, archiving documents, and reviewing credit limits in GLCMS.

Stakeholder & Business Expectations

• Providing excellent service to internal customers, managing relationships, and addressing queries proactively.
• Responding promptly to requests, escalations, and reports.
• Staying updated on regulations and guidelines.
• Engaging proactively with stakeholders to ensure operational continuity.

Team Management & Administrative Responsibilities

• Supporting leave management, creating backups, and optimizing manpower.
• Distributing tasks rationally, providing training, and monitoring team performance.
• Adhering to SOPs, SLAs, and understanding product procedures and DOA.
• Undertaking special projects as delegated.

Reporting

• Preparing reports as requested, reporting risks and incidents timely.
• Supporting SOP, SLA, and process documentation updates.

Qualifications

• Bachelor's degree or related discipline.

Experience

• At least 3 years of relevant banking experience, with managerial responsibilities in credit facilities.

• Not Applicable

• Full-time

• Accounting/Auditing and Finance

• Banking

Company Description

Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark at a top company, in an exciting & dynamic industry.

JOB PURPOSE:

The Group Credit is a credit origination that enables business growth of First Abu Dhabi Bank's Corporate and investment banking (CIB) business, meets the service aspiration of all our customers and remains an independent assurance provider of credit quality through the possession of sound credit risk, product and market knowledge. This role is primarily responsible for providing specialized support to Abu Dhabi / Dubai and NE/PCG clients on the credit processes and administration of sanctioned limits.

The role is responsible for managing credit limits relating to credit facilities and guiding the team members in the day to day transactions with respect to limit encoding & control. Further, he/she is responsible for ensuring that the team complies with the approved terms and adheres to policies, processes, and procedures of FAB Head office, representative offices, international branches, and regulators.

Ensuring accurate and timely fulfilment of day to day tasks, business requirements and regular housekeeping activities in accordance to the regulatory and performance standards of the organization:

• Process/Authorization of Credit limits, Facility Offer Letter (FOL) and other related releases from documentation unit, Project Payment Certificate (PPC) discounting / settlements, Share Valuation Report (SVR), availment tickets, suspension of interest, write-off entries, charges and fees, fixed deposit lien release and all other limit control related tasks.
• Preparation/Authorization of Internal Memos (IOM), Customer grade change, Sign-off Liability / No Liability Certificates.
• Assist and monitor work submission channels (emails or any other work flow channels in use) for daily task allocation within the Unit.
• Process/Authorization of Corporate obligor details based on the requests received from UAE or International Credit Units in line with the local regulations of the respective jurisdictions.
• Ensure Processing/Authorization of daily or periodic tasks, updation of trackers, proper archival of documents in custody, monthly activities including review of Credit limits in GLCMS, accuracy with regards to application of interest rates in system (ADI/ACI/GDI/GCI).

Efficiently manage key stakeholders & business unit expectations:

• Ensure 100% satisfaction rating by internal customers by providing superior service quality, manage internal customer relationships and ensure that queries and exceptions are addressed efficiently with proactive measures.
• Ensure timely response to service and support requests, queries, escalations and deficiency reports.
• Stay abreast of latest developing concepts, new regulations by the UAE Central Bank, other legal entities and Corporate Credit guidelines.
• Proactive engagement with key stakeholders and ensure operational continuity without any process breach.

Effective administrative and team management:

• Support effective leave management plan, create adequate back-ups for self and team members.
• Maximize available manpower to meet business demands.
• Ensure rational distribution of tasks/transactions among team members.
• Facilitate on the job training for staff, conduct knowledge sharing sessions and monitor performance of the team.
• Identify suitable training for self and team members.
• Provide timely feedback on team members output & performance.
• Ensure adherence to published Standard Operation Procedures (SOP), Service level agreements (SLA's) and understanding of relevant products, procedures and Delegation of Authority (DOA) of the Bank.
• Undertake special projects/assignments as and when delegated by Team Leader, HCCU and HCAD ensuring timely and adequate engagement.

Reporting:

• Prepare various reports as and when requested by Team Leader, HCCU and HCAD.
• Report Key Risk Indicators (KRI) and Operational near miss/loss incidents in a timely manner.
• Support the creation and periodic updation of comprehensive Standard Operating Procedures (SOP), Service Level Agreement (SLA), Process Note (PN) and other related guidelines and control tools.

Minimum Qualification:

• Bachelor's degree or related discipline.

Minimum Experience:

• Relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing managerial responsibilities in the credit facility function.

Candidates holding a recognized accounting degree equivalent with 3 - 4 years of related working experience, along with hands-on MS Office and ERP knowledge, are encouraged to apply. Candidates should possess good email communication skills.

Essential duties and responsibilities may include the following. Other accounting duties may be assigned:

• Evaluate new customer credit application requests and conduct client credit checks.
• Liaise with customers and the sales team to follow up on overdue invoices and payments.
• Generate debtors aging reports on a weekly basis and ensure payments are collected as per agreed credit norms.
• Negotiate payment plans and look for ways to improve debt collection processes.

A leading global multinational company is looking to take on board a Credit Control Specialist.

The Credit Control Specialist is responsible for pursuing remaining invoices to the Company ensuring credit given to customers is monitored and controlled effectively.

Main Responsibilities of the role are:

1. Chasing debt and reducing debtor days following the company procedures.
2. Allocate payments in accordance with Company policies.
3. Ensure that all major accounts work to agreed order to cash cycle.
4. Working to exacting monthly collections targets.
5. Daily and month end reporting and account reconciliations.
6. Investigating and resolving queries relating to nonpayment of invoices.

Job Skills

To be considered for this opportunity you must have the following skills and attributes:

1. Qualified CA/CPA.
2. Ideally experienced in Head office reporting in large organization.
3. 3 to 6 year's experiences in similar roles.
4. Computer Programs experience with excellent Excel skills.
5. Analytical and able to find solutions.
6. Polite but determined telephone manner.
7. English is a must, Arabic is desirable.

The role of a financial risk manager is crucial in ensuring the success of any organization. The team responsible for this critical function must possess sound knowledge of financial markets, products, and regulatory requirements.

Key responsibilities include:

• Assessing and mitigating potential financial risks associated with business transactions.
• Guiding team members in daily transactions related to financial limit encoding and control.
• Ensuring compliance with organizational policies, processes, and procedures.

By effectively managing financial risks, organizations can minimize losses, optimize returns, and maintain a strong reputation in the market.

Join the UAE's largest bank and one of the world's largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders, and communities through differentiation, agility, and innovation. We are looking for top talent, and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark in a top company, in an exciting & dynamic industry.

JOB PURPOSE:

The role is responsible for managing credit limits related to credit facilities and guiding team members in daily transactions concerning limit encoding & control. Additionally, the role ensures team compliance with approved terms, policies, processes, and procedures of FAB Head Office, representative offices, international branches, and regulators.

• Authorize, process, and encode credit limits, ensuring accurate details are entered into the bank's systems, along with maintaining bank and country limits as per credit approvals, and ensuring accuracy in interest rates, commissions, fees, and charges.
• Authorize, process, and prepare daily transactions such as loan memos, processing tickets, PPC discounting/settlements, SVC, etc.
• Authorize and process memos for account provisioning, customer grade changes, suspension of interest, and relevant write-off entries.
• Authorize and process limits for approvals from Credit for initial credit approval, annual reviews, extensions, interim, and administrative memos.
• Authorize and process bulk uploads for limit extensions for corporate, PCG, investment banking clients, and FIs.
• Authorize and process downgrades and upgrades of counterparties in the system and Central Bank as per credit approval.
• Authorize and process monthly reports such as CBRB mismatch reports and discrepancies between credit applications and GLCMS.
• Authorize and process RB codes in GLCMS and T24, providing limit confirmation to stakeholders before account closure.
• Ensure 100% customer satisfaction by providing high-quality service, managing internal relationships, and addressing queries and exceptions proactively.
• Authorize and prepare liability/no liability certificates and letters.
• Respond promptly to service requests, queries, escalations, and deficiency reports.
• Stay updated on the latest regulations from the UAE Central Bank and other relevant authorities.
• Ensure compliance with SOPs, SLAs, product knowledge, procedures, and DOA policies.
• Support team leaders in work distribution and ensure smooth daily operations.
• Assist in monitoring work channels for task allocation and update stakeholders accordingly.
• Authorize and prepare instruction memos for loan disbursements, changes, settlements, and fee collections.
• Authorize and prepare memos for releasing excess margins and interest rate amendments.
• Process and encode bank and country limits as approved, and upload interest rate codes into systems.
• Prepare reports as requested by senior management and undertake special projects as assigned.
• Report operational incidents and losses timely, engage proactively with stakeholders, and identify process improvements.
• Provide training and monitor team performance, ensuring adequate backups and timely document archiving.
• Maximize manpower efficiency to meet business needs.

• Follow departmental policies, SOPs, and instructions to ensure controlled and consistent work execution.
• Demonstrate adherence to the bank's values and ethics to foster a value-driven culture.
• Identify opportunities for continuous improvement and productivity enhancement.
• Assist in preparing accurate and timely reports to meet department standards.

• Bachelor's degree or related discipline.
• Relevant banking experience with at least 2 years in roles with increasing managerial responsibilities in credit facilities.

A leading global multinational company is looking to take on board a Credit Control Specialist.
The Credit Control Specialist is responsible for pursuing remaining invoices to the Company ensuring credit given to customers is monitored and controlled effectively.
Main Responsibilities of the role are:

• Chasing debt and reducing debtor days following the company procedures.
• Allocate payments in accordance with Company policies.
• Ensure that all major accounts work to agreed order to cash cycle.
• Working to exacting monthly collections targets.
• Daily and month end reporting and account reconciliations.
• Investigating and resolving queries relating to nonpayment of invoices.

Job Skills

To be considered for this opportunity you must have the following skills and attributes:

• Qualified CA/CPA.
• Ideally experienced in Head office reporting in large organization.
• 3 to 6 year’s experiences in similar roles.
• Computer Programs experience with excellent Excel skills.
• Analytical and able to find solutions.
• Polite but determined telephone manner.
• English is a must, Arabic is desirable.

Candidates holding a recognized accounting degree equivalent with 3 - 4 years of related working experience, along with hands-on MS Office and ERP knowledge, are encouraged to apply. Candidates should possess good email communication skills.

Essential duties and responsibilities may include the following. Other accounting duties may be assigned:

• Evaluate new customer credit application requests and conduct client credit checks.
• Liaise with customers and the sales team to follow up on overdue invoices and payments.
• Generate debtors aging reports on a weekly basis and ensure payments are collected as per agreed credit norms.
• Negotiate payment plans and look for ways to improve debt collection processes.