Legal Recovery Officer Career Jobs – PostBank

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Job Title:    Legal Recovery Officer
Organisation: PostBank
Uganda Ltd
Duty
Station: Kampala, Uganda
Reports
to: Head of Credit
About
US:
PostBank Uganda Ltd is a government owned
bank regulated by Bank of Uganda under the Financial Institutions Act, 2004.
The bank focuses on the mass market with operations spread across the country.
Job
Summary:  The Legal Recovery Officer will support the
entire Bank network in recovery of loans in arrears especially those above 60
days and work with third party service providers(auctioneers) in relation to
recovery to ensure effectiveness and recovery of all written off loans.
Key
Duties and Responsibilities: 
·        
Coordinate
and follow up the recovery of loans under legal action.
·        
Identify
poor performing branches(with high arrears) and take quick remedial actions
·        
Oversee
the recovery of charged off loans to avoid total loss of the same
·        
Manage
the recovery team to support the entire network with recovery of loans
especially those above 60days overdue
·        
Coordinate
and oversee the activities of third party service (auctioneers) to ensure
effectiveness
·        
Ensure
compliance with legal and regulatory frame governing the bank in regards to
recovery
·        
Supports
the preparation of all legal documents and correspondence of legal nature with
third parties in regards to loans in default
·        
Works
closely with external lawyers in connection with litigation for and on behalf
of the bank in regards to delinquent cases
·        
Formulate
views about potential legal problems in regards to delinquent customers
·        
Ensure
safe custody of all impounded assets
·        
Contact
customers whose accounts are overdue and ensure recovery of monies in arrears
·        
Assign
defaulting customers to third party collectors and officers
·        
Ensure
daily monitoring of delinquent accounts
·        
Ensure
monthly/weekly reporting on progress of Debt collection & Preparation of
monthly recovery reports.
·        
Mentor
and train and coach staff in recovery procedures.
·        
Organize
NPA meetings and report way forward
·        
Perform
any other duties as assigned by the Head of Credit.
Qualifications,
Skills and Experience: 
·        
The
ideal candidate for the aforementioned PostBank career opportunity should hold
a Bachelor’s degree law or related areas
·        
A
minimum of three years’ experience in recovery and recovery procedures is
desirable
·        
Significant
legal knowledge in recovery procedures is a MUST
·        
Aggressive
personality but with ability to communicate well with customers
·        
Highly
proactive and accountable.
·        
Ability
to write reports
·        
Must
possess high level of integrity, a hard worker as well as a team player
·        
Ability
to frequently travel out of station.
How
to Apply: 
All suitably qualified and interested candidates should send their
updated detailed CVs, cover letters, certified copies of certificates and
testimonials together with names, email addresses and daytime telephone
contacts of three referees and address to;
Head Human Resources,
Post Bank Uganda Ltd,
Plot 4/6 Nkrumah road,
P.O. Box 7189, Kampala. Uganda
Deadline:
Friday 24th July, 2015 by 5.00pm
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