• Gulf Bank Kuwait Careers | Collection Admin Officer, Kuwait

    Gulf Bank Kuwait Careers | Collection Admin Officer, Kuwait

    Location: Kuwait City, Kuwait

    Job Description

    To manage all loans and credit cards deductions related to delinquent customer from salary control, cross holding to maximize account performance while providing a superior reconciliation on cost life allowance from salary and liabilities against collateral.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Manage segments of delinquent accounts in accordance with agreed risk based priorities

    • Tactical use of account holds and deductions to support restoring delinquent accounts to a regular status

    • Review account allocation daily and plan activity to ensure it is aligned to customer salary credit dates

    • All payment solutions should be reasonable for both Bank and customer, and be reflective of financial circumstances

    • Check MXP and BEAM before processing loan and OR credit card payment sent by |Tele collectors

    • Update collections system with all activity and outcomes

    • Review all customer account systems to identify if monies available to correct a delinquent account

    • Daily task report

    • Reconciliation of all payments made

    • Work fully within Risk policies and procedures

    Job Requirements

    • Diploma in commerce/accounting/finance

    • Knowledge: General understanding of Collections activities and practices

    • Experience: minimum 1 year in similar role preferred

    Job Details

    Company/Organization: Gulf Bank of Kuwait

    Employment Type: Full-time Job

    Job Functions: Administrative

    Job Location: Kuwait City, Kuwait

    Application Deadline: N/A