Job Title: Recovery Manager
Organization: Finance Trust Bank (FTB)
Duty Station: Kampala,
Uganda
Uganda
Reports to: Head of Credit
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 Manager will be responsible for
planning, coordinating and leading the recovery of delinquent loans in line
with the debt recovery policies and procedures.
planning, coordinating and leading the recovery of delinquent loans in line
with the debt recovery policies and procedures.
Key Duties and Responsibilities:
- In charge of formulating and implementing
strategies for recovery of delinquent facilities in line with the
collections policy and procedures. - Provide leadership to the recovery team
and ensure that delinquent facilities are timeously recovered or
rehabilitated to performing status in line with the collections policy and
procedures. - Oversee and closely monitor the
productivity of the recovery staff in line with set targets and
performance agreements. - Actively coordinate the allocation of
portfolios to external debt collectors and other service providers in
recovery and ensure adherence to the terms and conditions of engagement. - Ensure that proper procedures are followed
in liquidation of customer collaterals and guide the branches and the
recovery agents on the recovery process. - Conduct periodical review of the recovery
policy and procedures and advise on new developments in the recovery
process.
Qualifications, Skills and Experience:
- The ideal candidate should hold a
Bachelor’s degree in a business related discipline or related discipline
gained from a recognized university. Possession of a postgraduate
qualification in a business or management field will be an added
advantage. - At least five years working experience in
Credit /Lending/ debt collection, three (3) of which must have been gained
from a leadership / supervisory position in a financial institution. - Working experience in a commercial bank
will be an added advantage. - Detailed working knowledge of relevant
laws relating to mortgages and recovery
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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