Responsible for managing the activities of repossession, as well as commitment to the collection policy. Staff is also responsible for planning and follow-up on the daily operations related to repossession tasks.
Key Accountabilities of the role
Manage repossession tasks related to auction companies
Prepare periodic reports and MIS summarizing the progress on the assigned tasks and targets
Ensure that the monthly target is achieved
Manage day to day functions of auction companies efficiently and effectively.
Manage and provide appropriate justifications for the estimation expenses to repossess the vehicles in traffic yards
Provide weekly report on the number of vehicles
Repossess and manage the Heyaza after the car is through the court.
Frequent visits to Action company’s yard to ensure process controls are being observed.
Visit and review reports to be submitted to the repossession manager at regular intervals.
Adherence to collection policy
Understand and constantly evaluate the process through self-assessment
Achieve KPI’s communication by repossession manager on monthly basis
Specialist Skills / Technical Knowledge Required for this role:
Good knowledge of banking industry and their products & services.
A university degree.
Abu Dhabi Islamic Bank, A Public Joint Stock Company, is a leading Islamic bank headquartered and listed in Abu Dhabi- UAE with a purpose of being a lifelong partner for customers, colleagues and community. Over the last two decades, ADIB has demonstrated a consistent track record of growth with assets now totaling USD 34 billion.The bank currently serves more than 1 million customers through a balanced proposition that combines a highly-personalized customer experience with world-class digital banking services.ADIB is a full-fledged financial service provider that offers banking solutions for individuals, corporates and affluent customers. In addition, the wider ADIB Group provides brokerage, real estate and property management, payments and insurance services. ADIB has one of the largest distribution networks in the UAE with more than 60 branches. Internationally, the bank has a presence in six strategic markets – Egypt, , the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan and Iraq.