Credit Administrator Career Vacancy – Eleglance Finance Ltd

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Organisation: Eleglance Finance Ltd
Duty Station: Lira, Uganda
Reports to: Manager Credit
About US:
Eleglance Finance Ltd is a fully licensed financial institution
licensed by the Bank of Uganda.
Job Summary: The Credit Administrator is responsible for the
daily administration of the loan portfolio of the company. The incumbent will
also be the primary contact for all loan processing and problem resolution with
regards to payments etc. He/ she also acts as the company’s primary focal point
for managing and controlling the company’s interests and operational risks in
the delivery of the entire company’s loan portfolio.
Key Duties and Responsibilities:
  • Maintain, train and motivate individual
    Credit Officers
  • Trains less experienced individual credit
    officers on the credit policies and procedures.
  • Conducts intuitive performance review of
    credit officers ensuring that they are appraised based on SMART
    objectives.
  • Ensures effective management of poor
    performance and disciplinary actions, when necessary.
  • Coaches, encourages and mentors credit
    officers.
  • Encourages teamwork and the sharing of
    best practices amongst all credit officers.
  • Holds regular reporting and planning
    meetings with individual credit officers.
  • Actively promotes company values and sets
    a personal example to individual credit officers.
  • Evaluates, monitors and controls
    performance of individual loans against agreed performance standards and
    targets and takes corrective action on reported delinquent accounts
  • Prepares individual loan operations
    updates on a daily, weekly and monthly basis and analyses reports
    vis-à-vis performance targets.
  • Validates information received from
    individual credit officers regarding default payments, business activity
    and other issues that may arise during the client and field visits.
  • Intuitively monitors loan approval,
    disbursement and collection.
  • Communicates credit policies and
    procedures and objective standards and parameters for individual loans to
    credit officers.
  • Communicates clear guidelines and
    procedures including pre-loan eligibility requirements, client screening,
    collateral, product design, loan approval accountability and authority
    levels, repayment terms and incentives, delinquency and default
    management.
  • Monitors individual loan processes and
    administration activities ensuring compliance to policy guidelines
    including adequacy and security of collateral.
  • Recommends approval of loans and ensures
    that the appropriate amount is recommended for re-loans.
  • Ensures that approved loans are processed
    and released on the agreed date.
  • Intuitively reviews pre-qualification
    assessment reports prepared by individual credit officers.
  • Interviews clients prior to release of
    loans to ensure that they are fully aware of their responsibilities.
  • Regularly reviews collection report per
    individual credit officer taking note of delinquent payments and ensuring
    that corrective action is taken.
  • Builds and maintains client relationships,
    business development and marketing opportunities.
  • Supports and trains individual credit
    officers to effectively communicate the organization’s products and
    services and individual credit policies and procedures.
  • Supports management in developing and
    implementing an expansion and market penetration program including new
    products and expansion into new areas, and in identifying new business opportunities.
  • Actively promote bank products and
    services to potential clients.
  • Ensures that clients receive quality
    products and services through regular client interface, dealing with them
    with respect and integrity.
  • Fosters the importance of long term
    relationships among the team.
  • Implements cost controls, marketing and
    income generating efforts and monitors expenses to ensure compliance to
    budget.
  • Contributes to the overall profitability
    of the company by implementing cost controls, marketing and income
    generation efforts, and monitoring expenses to ensure compliance to
    budget.
  • Develops and maintains knowledge of the
    microfinance industry, economy, market conditions, competition and
    relationships with other banks and financial institutions.
Qualifications, Skills and Experience:
  • The ideal candidate should hold a
    Bachelor’s Degree in Business Administration, Commerce, Education or any
    other related field
  • At least eight years’ experience in the
    business field
  • Possess good leadership and communication
    skills in order to work most effectively with clients and willing to work
    in awkward and extended hours, evenings and weekends to achieve your
    goals.
  • Good practical knowledge of commonly used
    computer software like Microsoft Word, Excel with strong oral
    communication skills
Age: between 28 – 40 years
How to Apply:
All candidates are encouraged to send their updated and detailed
curriculum vitae, current salary information, copies of academic transcripts
and certificates, including contacts and details of at least three professional
referees to: info@eleglancefinance.co.ug
NB: Please clearly indicate the position you
are applying for in subject on E-mail.
Deadline: 10th April, 2015

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