Job Title: Recovery Officer
Organization: Finance Trust Bank (FTB)
Duty Station: Kampala,
Uganda
Uganda
Reports to: Recovery Supervisor
About US:
Finance Trust Bank was licensed as a Tier 1 Commercial Bank after
taking over the financial services business of Uganda Finance Trust Limited
(MDI). Finance Trust Bank is a fully-fledged commercial bank serving a
clientele of over 300,000 depositors and over 27,000’ borrowers, through a
network of 36 branches countrywide. The bank offers a variety of Products and
services including; Savings, Current accounts, Loans, Money transfer services
and Bills payments to its target market which comprises of micro, small and
medium entrepreneurs, salary earners and youth.
taking over the financial services business of Uganda Finance Trust Limited
(MDI). Finance Trust Bank is a fully-fledged commercial bank serving a
clientele of over 300,000 depositors and over 27,000’ borrowers, through a
network of 36 branches countrywide. The bank offers a variety of Products and
services including; Savings, Current accounts, Loans, Money transfer services
and Bills payments to its target market which comprises of micro, small and
medium entrepreneurs, salary earners and youth.
Job Summary: The Recovery Officer will be responsible for the
proper management of assigned credit facilities in default in such a way as to
ensure that loss to the bank is minimized, controlled or avoided.
proper management of assigned credit facilities in default in such a way as to
ensure that loss to the bank is minimized, controlled or avoided.
Key Duties and Responsibilities:
- Conduct a daily review of the region’s
arrears position and advise on the progress of recovery of all loans in
arrears as per recovery policy. - Actively monitor and coordinate recovery
activities for loans at the different branches within the region in line
with the recovery policy. - Ensure that the institution’s recovery
agents give proper attention to the recovery of bad debts. - Ensure that proper procedures are followed
in liquidation of customer collaterals and guide the branch and the
recovery agents on the recovery process. - Initiate and monitor the transfer of the
non-performing loan portfolio in liaison with the Regional managers. - Represent the institution in court
sessions in liaison with the immediate supervisor, in the cases instituted
against the Institution’s debtors or against the Institution by a
customer. - Identify and advise on all delinquent
accounts that require legal proceedings on a regular basis.
Qualifications, Skills and Experience:
- The Recovery Officer should hold a good
Bachelor’s degree. - At least three years’ experience in Credit
operations or debt collection. - Financial analysis skills.
- Possess the ability to work under pressure
and overtime.
How to Apply:
All qualified candidates should submit their applications which should
include; photocopies of academic testimonials, a CV with at least three
reference contacts, including the most recent employer, and telephone number
to; Ag. Head, Human Resource, Finance Trust Bank, Plot 115 & 121, Katwe, P.
O. Box 6972, Kampala, Uganda.
include; photocopies of academic testimonials, a CV with at least three
reference contacts, including the most recent employer, and telephone number
to; Ag. Head, Human Resource, Finance Trust Bank, Plot 115 & 121, Katwe, P.
O. Box 6972, Kampala, Uganda.
Deadline: 20th April 2015
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