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Head of Collections

Head of Collections

SoarRiyadh, Riyadh Region, Saudi Arabia
2 days ago
Job description

About Us

Soar is a global fintech startup that specializes in financing and investment. Currently headquartered in Saudi Arabia, Soar is growing throughout the region with a mission to help people achieve their financial goals with innovative financial and property investment solutions and tools through its multi‑purpose platform, designed to offer a simple and seamless user experience.

Role Summary

We are seeking an experienced and results‑driven head of collections to lead our debt recovery and collection’s function. The ideal candidate will play a critical role in minimizing financial risk, improving cash flow, and ensuring compliance with regulatory standards in the Kingdom of Saudi Arabia. Working in a dynamic fintech startup environment, the head of collections will develop and implement strategies, manage a team, and collaborate closely with internal departments to optimize recovery performance while maintaining a customer‑centric approach.

Key Responsibilities

  • Develop and execute collection strategies for early, mid, and late‑stage delinquent mortgage accounts.
  • Monitor and manage daily operations of the collections team, including setting targets, coaching, and performance reviews.
  • Analyze collection performance data and provide actionable insights to senior leadership and credit function.
  • Ensure compliance with SAMA regulations and local financial laws regarding debt recovery and customer communication.
  • Work closely with the credit, legal, product, and customer service teams to improve risk assessment and collection outcomes.
  • Implement and leverage digital tools, automation, and AI‑driven solutions to enhance efficiency and recovery rates.
  • Handle negotiations, settlements, and repayment plans with delinquent borrowers.
  • Create and maintain documentation and reporting systems to track collections KPIs and operational metrics.

Core Qualifications & Skills

  • Bachelor’s degree in Finance, Business Administration, Law, or a related field.
  • Minimum 5‑7 years of experience in collections, preferably within mortgages, banking, or fintech sectors.
  • Proven leadership and team management experience.
  • Deep understanding of the Saudi regulatory environment, especially SAMA guidelines related to collections.
  • Strong analytical and reporting skills, with proficiency in Excel and data visualization tools.
  • Excellent communication and negotiation abilities in both Arabic and English.
  • Ability to work in a high‑growth, fast‑paced startup environment.
  • Additional Qualifications

  • Experience with mortgage portfolios or real estate‑backed financial products.
  • Knowledge of machine learning applications or AI in credit risk and collections.
  • Understanding of customer lifecycle management in a digital lending ecosystem.
  • Seniority Level

  • Director
  • Employment Type

  • Full‑time
  • Job Function

  • Accounting / Auditing
  • #J-18808-Ljbffr

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