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Job Title Debt Recovery Officer - Dubai
Job Location Dubai
Department
Job Type Business/Professional Services & Support
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.