Finance Trust Bank (FTB) Jobs – Recovery Officer

Organization: Finance Trust Bank (FTB)
Duty Station:  Kampala,
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.
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.
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.
Deadline: 20th April 2015

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