Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.
CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.
As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.
Responsible for managing and implementing bank management decisions to transfer accounts to the FRR department, including but not limited to the adherence to the SOP processes.
Responsible for the timely submission of reports requested by the bank management including but not limited to MIS reports, BOD monthly reporting etc.
Responsible for managing and assisting the Senior Financial Advisor in managing a delegated portfolio for non-performing assets, mitigating, and reducing loss situations.
Establish effective working relationship with non-performing defaulting borrowers to determine solutions which will protect the Bank’s interest and increase the security in favour for the bank.
Submit settlement proposals with recommendations and comments to enhance recovery process.
Liaise closely with other departments such as documentation, legal, with a continuous follow-up and monitoring for the purpose of managing and implementing the bank approved strategy regarding each account.
Monitor the issuance and follow-up of all approved agreements for settlements of debt and their adherence to the approved terms and conditions.
Observe the development of non-performing loans and determine at what stage alternative action should be taken and adopt cost effective measures based on the status of the loan to effect optimum recovery of the loan.
Prepare monthly / required reports on the status of non-performing loans to provide an update on the latest developments on each account and to discuss the next course of action on stale accounts.
Ensure compliance with the auditors’ requirements, internal and external reporting obligations in- line with the bank’s policy guidelines while adhering to high standards of uniformity and consistency across the Bank.
QUALIFICATIONS/SKILLS
University Degree.
Post Graduate qualifications
Proficiency in Microsoft Office
Minimum 3 – 5 years banking experience of which at least 2 years in Recovery unit / Credit Review or Corporate banking with a reputable financial institution.
Good command of English. Arabic language would be an asset.
Good knowledge of banking laws and procedures.
Planning and organizing skills
Strong investigative and persuasive skills
Skills Required
- University degree
- Postgraduate qualifications
- Proficiency in Microsoft Office
- 3–5 years of banking experience
- At least 2 years of experience in a recovery unit, credit review, or corporate banking at a reputable financial institution
- Good command of English
- Arabic language skills
- Good knowledge of banking laws and procedures
- Planning and organizing skills
- Strong investigative and persuasive skills
- UAE national status
Commercial Bank of Dubai Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Commercial Bank of Dubai and has not been reviewed or approved by Commercial Bank of Dubai.
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Strong & Reliable Incentives — Salaries and commissions are consistently paid on time, and annual performance bonuses are part of the package in many roles.
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Healthcare Strength — Medical insurance is listed among the standard employee benefits.
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Parental & Family Support — Perks include benefits for children and travel tickets for employees and their families.
Commercial Bank of Dubai Insights
What We Do
Commercial Bank of Dubai is one of the leading banks in the UAE, offering innovative and bespoke personal banking and business banking services, through state-of-the-art digital channels including mobile and online banking and through an extensive branch and ATM network. Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.
