Debt Recovery Officer - Dubai

Job Title
Debt Recovery Officer - Dubai

Job Location
Dubai

Job Type
Business/Professional Services & Support

Expertise

Description

The Role
We are seeking a n experienced Debt Recovery Officer (DRO) to action and
supervise provision of a professional pre-litigation debt recovery for Clyde
& Co LLP across the MEA region and when required, globally.
Our DRO will support the growth of the Debt Recovery practice in MEA by
growing the recoveries portfolio domestically and internationally.
This role will also support the Regional Finance Group in the MEA region to
improve collections of bad debts, by carrying out debt recovery procedures
through litigation & pre-litigation, including debtors' meetings, site visits
and skip tracing.
The Team
Our debt recovery team has many years' experiences, acting through the firm
Litigation Department to deliver escalated approach and achieve recovery in
the shortest time period possible, or to negotiate with debtors to agree a
workable payment solution acceptable to the firm.
We also have wide experience in debt recovery actions (including asset
seizures and bankruptcy proceedings), across multiple jurisdictions through
the globe.
Key responsibilities
* Plan course of action to recover outstanding payments.
* Locate and contact debtors to inquire of their payment status.
* Negotiate payoff deadlines or payment plans.
* Keep track of assigned accounts to identify outstanding debts.
* Drafting legal notices, agreements, demands, claim forms.
* Handle questions or complaints, investigate queries and resolve discrepancies.
* Create trust relationships with debtors when possible to avoid future issues.
* Update account status and database regularly.
* Alert superiors of debtors unwilling or unable to pay when necessary.
* Comply with the firm and the SRA policies, procedures, and risk requirements when legal action is unavoidable.
* Reviewing matter documentation (all aspects of documents) to assess issues, deliverables, disputes, risk and liability and judge recoverability.
* Using knowledge and initiatives to reach amicable solutions to settling debts on behalf of the firm, considering circumstances of the matter and any risk possibility incurs.
* Developing recovery strategy in collaborations with the partners for achieving recoveries.
* Reliably flexible to commute.
Candidate Requirements
* Graduate of BSC Accounting, Finance or equivalent.
* Must have at least ‎4-year experience in Accounts Receivables, Credit Control, Collections, Debt Recovery, preferably within the professional services industry.
* Compliant with relevant experience of recovery practice and laws.
* Excellent communication skills, both written and oral; multi-lingual is a plus (English & Arabic)
* Proactive approach and an ability to deal with debtors appropriately.
* Strong interpersonal skills and the ability to work with all levels of seniority and designations.
* Strong commercial acumen.
Additional Skills and Abilities
* Strong listening and attention to detail skills.
* Results focused.
* Creative problem solver.
* Ethical and fair negotiator
Clyde & Co overview
Clyde & Co is a leading, sector-focused global law firm with ‎440 partners,
‎1800 lawyers, ‎2500 legal professionals, and ‎4000 staff in over ‎50 offices and
associated offices worldwide.
The firm specialises in the sectors that move, build and power our connected
world and the insurance that underpins it, namely: transport, infrastructure,
energy, trade & commodities and insurance. With a strong focus on developed
and emerging markets, the firm has achieved compound average annual revenue
growth of ‎15% over the last ten years, making it one of the fastest growing
law firms in the world with ambitious plans for further growth.
Clyde & Co in the Middle East
Since opening our first office in Dubai in ‎1989, Clyde & Co has today the
largest presence and is one of the most experienced international law firms in
the Middle East with over ‎50 partners and ‎400 staff, operating in Abu Dhabi
and Dubai in the UAE, Doha in Qatar and Riyadh in Saudi Arabia.
We have accumulated nearly ‎30 years of deep market knowledge and experience in
the sectors in which our clients operate, providing a full-service commercial
offering with local specialists in commercial, corporate, dispute resolution,
employment, intellectual property, international arbitration, finance &
banking, insurance, projects & construction, real estate, regulatory &
investigations, and technology.
International and domestic clients engage us across the full spectrum of their
corporate and commercial needs, including company structuring and governance,
policy setting and licensing arrangements, employment and Emiratisation
issues, funding, procurement, intellectual property (IP), technology and
general commercial contracts. Working with industry leaders in the region
endorses our reputation for providing expert practical guidance on how to get
things done in what can be a challenging market to navigate.