banking jobs and careers in UAE 2023 | ADIB - Abu Dhabi Islamic Bank

   banking jobs and careers in UAE 2023 | ADIB - Abu Dhabi Islamic Bank

banking jobs and careers in UAE 2023 | ADIB - Abu Dhabi Islamic Bank

ADIB Bank announced on its official Linkedin page a vacancy

Legal Collection Manager

ADIB - Abu Dhabi Islamic Bank

  • Abu Dhabi Islamic Bank is a leading bank in the United Arab Emirates and the fourth largest Islamic bank in the world.
  • The bank is listed in the capital, Abu Dhabi, where it is headquartered.
  • Abu Dhabi Islamic Bank was established in 1997 to be the first Islamic bank in the Emirate of Abu Dhabi.
  • Abu Dhabi Islamic Bank has a track record of positive growth indicators and an asset base of $39 billion.
  • It also provides a comprehensive package of banking services for individuals, companies, private banking and wealth management services, to more than one million customers through a balanced offer that combines a highly personal customer experience with digital banking services of international standards.
  • Abu Dhabi Islamic Bank is keen to implement a strong set of governance principles that are supervised by a reputable board of directors and a distinguished and experienced team.
  • The bank is guided by the values inspired by Islamic law, as the firm belief that banking products should always be characterized by ease, fairness and transparency is in line with the bank's commitment to show a high sense of responsibility towards the society in which it operates.
  • Abu Dhabi Islamic Bank offers a range of integrated banking services and solutions to individuals, companies and wealthy customers.
  • In addition, the bank offers on a wider scale brokerage services, real estate management, payments and takaful services.
  • ADIB has received numerous awards from leading international institutions.
  • ADIB has one of the largest branch distribution networks in the UAE with 62 branches and 379 ATMs. On the international level, the bank is present in six strategic markets - Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan and Iraq.
  • Abu Dhabi Islamic Bank has received many awards from leading global institutions, as it was awarded “Best Islamic Bank in the World” by IFN Islamic News magazine and The Banker magazine issued by FT, and “Best Islamic Digital Bank” by Global Finance magazine, and “Most Innovative Bank in the Middle East” by EMEA Finance.
  • ADIB’s digital transformation journey, which began more than two years ago, is customer-centric, ensuring that the bank’s digital solutions always deliver the best possible banking experience.
  • The bank witnessed a significant rise in customer demand for its digital banking services, with 70% of customers registered through the bank's digital channels and 94% of ADIB's banking transactions conducted digitally.

Role Purpose

  • The Legal Collection Manager is responsible for managing the activities/legal issues allocated to external lawyers, plus responsible for following up with the lawyers until completion of the process, and to achieve legal collection targets.
  • In addition, manage the budget for litigation and Criminal SOB and SOM & PA. Reporting Head of Recovery and Legal Collections.

Key Accountabilities of the role

  • Coordinate activities of staff members to ensure a smooth and efficient cooperation that increase the value of legal action to assist collection team to achieve the financial targets.
  • Keeping records of all the information about the legal processes for all legal actions.
  • Follow up the team members and performing all their duties in accordance with Bank's Policies and Procedures.
  • Create and implement strategies to increase the number Of Successful cases/ legal action.
  • Train and evaluate staff members Within the legal collection unit to ensure enough active staff members are available to handle the workload.
  • Develop goals that complement the overarching business goals of the bank and coordinate staff efforts to continue to meet the goals.
  • Run reports and analyze data pertaining to the unit and share with executive staff and managers of department staff as needed.
  • Communicate with the external lawyers to maintain a strong working relationship to push them to improve the number of success cases and to keep the legal action matching with the TAT.
  • Implement bank policies and procedures that retain a smooth running of the department and avoid any loss.
  • Come up with new plans, ideas and Strategies to bring iri improvement in the legal department.
  • Preparing reports and recons with the records matching with lawyers and bank.
  • Full responsibility of having the cases update in the system in a timely manner.

Specialist Skills / Previous experience

  • Bachelor's degree in Law.
  • Wide working experience in banking and commercial law.
  • Strong Knowledge of market and industry characteristics and trends.
  • Deep knowledge in UAE law and central bank regulations Deep knowledge in the collection practices in the local market Strong business acumen.
  • Problem analysis and problem resolution skills Achieving legal/collection goals and targets.
  • Strong interpersonal and communications skills.
  • Strong ability to multi tasks.
  • Strong management leadership skills.
  • Stay in contact with all the departmental levels.
  • Evaluate and coordinate development of the collection department.
  • years of experience in banks and legal collections.
  • Proficient in Microsoft Office.
  • Excellent verbal and written Communication Skills, Arabic and English.

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