Collection & Recoveries Senior Officer At Attijariwafa Bank-Egypt

 Collection & Recoveries Senior Officer At
Attijariwafa Bank-Egypt

Job Purpose

Managing the recovery process and classification of accounts, this would involve dealing with delinquent customers and possible reschedule arrangements. That will take one of two forms (direct contact with the customer as well as the External Collection / recovery Agency)

Responsible for any other tasks / responsibilities within Retail Collections and Recovery Unit (if and when assigned by Head of Retail Collections & Recoveries)

Main accountabilities and approximate time split

Accountability: Performance, Risk Management, Control and Collections Time Split: 60%

Ensure proper monthly domains distribution over collections agencies, and manage the reallocations between agencies

Ensure setting proper monthly targets

Monitor and Control the delinquent retail accounts (Cards/PIL/Auto) which are handled by External Tele-calling teams and take appropriate action to normalize the position, within the determined policy rules and laid down strategies. The overall objective of the role is to ensure action is taken to prevent the account of rolling forward.

Ensure Identifying the delinquency reason and educate the customer when needed to reduce delinquency

Undertake the review of all monthly advances control reports, assessing the information therein and making recommendations regarding the strategy to be employed in ensuring that such delinquent accounts are returned to order within the shortest possible time.

The overall objective of the role is to ensure completion of appropriate and timely collection actions by collectors to prevent the account from rolling forward:

a. Undertake the review and action of delinquent reports by self and team

b. Employs established collections strategies within policy guidelines according to product Cards, Auto or PIL to ensure that out of order accounts are returned within the shortest time.

c. Ensure contact/visiting of delinquent customers whose accounts out of order, that will take the form of outbound calls

d. Adhere to service level agreement

e. First point of contact for customer complaints on delinquent accounts.

f. Support External Collections agencies in the capacity planning and in preparing the collectors

g. Working close to Product Collections Management.

Assure that legal procedures (raising and dropping legal actions) are accurately taking place for eligible customers.

Contact with customers when required. This may take the form of communication; telephone calls or face to face meeting in / out door.

Share the responsibilities of achieving Collections targets in terms of RAF, STP, and IMP.

Deal with customers request received from different bank’s channels and obtain the required authorization to agree short term settlement requests, abiding by suitable policies (as settlement policy).

Review and monitor external agencies commissions

Identify new, improved, and alternative ways of recovering debt

Participate in the Assessment and evaluation the performance and effectiveness of collections strategies to decide on best fit course of action. Propose, gain commitment to, and deliver strategies designed to increase debt collection levels.

Oversee the timely and appropriate remedial action on major poorly performing accounts within his/her her team.

Ensure proper team productivity aligned with the agreed targets

Follow up any customer service issue related to the delinquent account and ensure resolution

Ensure maintaining and diaries all collection trails on the agreed system

Escalate handling escalated cases from collections officers

Accountability: People Management and team work

Time Split: 40% • Constantly seek to improve the capabilities of team members

Lead the team to ensure that they are highly motivated and energized.

Embed world class customer service

Ensure proper visits calendar to touch teams

Support and adopt implementation of change initiatives

Participates in local events to support local needs , develop individual and team skills and raise the profile in the local community

Pursue self-development to increase personal effectiveness, acknowledging strengths and areas for development

Share best practice with and provide feedback to the other Collections team members.

Provide advice and guidance to team members on interpretation of policy and procedures.

Develop and agree individual performance objectives, standards, and targets with all direct reports.

Conduct regular review of performance against agreed objectives and monitor performance.

Provide on-going coaching, counselling, and feedback to the team.

Manage team workflow and resources.

Identify staff training and development needs and populate development plans in their PDs accordingly.

Technical skills / Competencies

Skills required undertaking the role:

Leading & managing skills

Communication Skills.

Numeric Skills.

Good Interpersonal Skills.

Ability to effectively work within a team.

Analytical Skills.

Self-starter with strong drive to perform.

Knowledge, Expertise and Experience

Knowledge, Qualifications/ Experience:

Relating to specialist knowledge and expertise required to undertake the role. May include knowledge of the bank products, services and policies.


Basic knowledge of the Bank’s customer service standards.

Good understanding of the bank’s lending policies, principles and procedures.

Good understanding of litigation process.

Basic risk Managements techniques

Debt recovery techniques.

Negotiation skills.


2 – 3 years of experience in a similar position.

Retail Bank relevant experience

Any extra post graduate certificates would be a plus.

Post Date: 22/02/2021

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