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Head of Recovery and Legal Collections Operations UAE

HSBC
Dubai, United Arab Emirates
Posted 1 year ago
1 open position
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Head of Recovery and Legal Collections Operations UAE (ID: 0000JPZB)


Some careers prize diversity more than others.  


If you’re looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC.


Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world’s largest global wealth managers with USD1.4 trillion in assets.  Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking for individuals and families, through to business owners, investors and ultra-high-net-worth individuals.  We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers’ needs.


We are currently seeking an ambitious individual to join our Wealth and Personal Banking team, working together with colleagues to define, manage and achieve divisional business targets.


In this role, you will:


•    Implement & execute activities/ strategies to improve efficiency/ effectiveness of UAE collection centres which has quantifiable impact on the business.•    Build in and manage robust Recovery and Skip Trace processes to increase return rates in country (UAE)•    Improve recovery performance through increased ability to collect outstanding debt.•    Manage third party relationships with Domestic and Overseas Agencies, across the countries where agencies are engaged for UAE portfolio.•    Manage UAE write-of recoveries and skip trace aspects of work related to WPB Collections.•    Manage the Collection Field Operations function and ensure that all process involved is managed effectively through the third-party FTE.•    Manager FCCS Collections – Legal Operations function and to ensure that all the process / policy is aligned and adhered to as per the requirements.


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