Dfcu Bank Careers – Credit Manager – Development & Institutional Banking

Organisation: Dfcu Bank
Duty Station: Kampala,
Uganda
Reports to: Manager Credit
Approval Team
About Dfcu:
Dfcu bank is a
fast growing commercial bank offering a variety of innovative products and
services. DFCU Limited was started by the Commonwealth Development Corporation
(CDC) of the United Kingdom and the Government of Uganda through the Uganda
Development Corporation (UDC) under the name of Development Finance Company of
Uganda Limited. Later restructuring brought in DEG (of Germany) and
International Finance Corporation (IFC) as equal partners with CDC and UDC,
each having a 25% stake in the company. Its objective was to support long-term
development projects whose financing needs and risk did not appeal to the then
existing financial commercial lending institutions.
Job Summary: The Credit
Manager – Development & Institutional Banking will be in charge of sanctioning
proposals within personal lending discretion, recommend others for sanction by
higher authority, support the sales team in the preparation of quality
proposals, ensure that the process of regular review of existing DIB clients as
well as monitoring of set covenants and conditions of sanction is robust.
Key Duties and Responsibilities: 
·        
Regularly review and sanction all proposals (new and
existing) presented within personal discretion (< USD 100,000) in adherence
with dfcu’s internal credit policies, Risk Management Control Document (RMCD)
and other required regulations including BoU, FIA and funders.
·        
Keenly analyse current credit data, financial
statements of corporate/large individual borrowers to determine the degree of
risk involved in extending credit and also analyse financial data to determine
expected profitability of loans, as well as prepare a report justifying the
decision made.
·        
Work closely with the Credit Support Officer, ensure
that the workflow system captures a review date for every approval given and
that a weekly report of reviews due within the next month is shared with all
relevant staff.
·        
Oversee the timely review of all existing DIB
clients with credit facilities at least once every year or as stipulated within
the last approval given.
·        
Ensure 100% compliance with dfcu’s internal credit
policies, Risk Management Control Document (RMCD) for all deals disbursed. 100%
compliance with Financial Institutions Act (FIA) – BOU guidelines and
regulations. Act on non-compliance issues raised by M&C according to agreed
action for non-compliance e.g. ban on sanctioning requests from branches that
have exceeded overdue excess limits.
·        
Take part in maintaining and updating the bank
credit policies and procedures as often as necessary in accordance with
Bank/industry trends, evolving regulations and legal requirements.
·        
Actively contribute to the achievement of
disbursement targets as set out in the annual Bank targets.
·        
Offer technical support to the business units in
structuring proposals to minimise risk and ensure full repayment. Timely
response on sanctioning of deals and excesses.
·        
The incumbent will also train and coach the Business
Analysts as well as Relationship Managers in credit assessments/analysis, deal
structure policies and procedures.
·        
Actively monitor the overall quality of the DIB
portfolio, ensuring that scorecard parameters are regularly reviewed and are
fit for purpose as well as participate in the development of product papers.
Qualifications, Skills and
Experience: 
·        
The applicant should hold a good Bachelor’s degree
with bias in any of the following areas: Finance, Banking, Economics, Business
Administration.
·        
Possession of a Master’s degree or similar post
graduate qualification in the same fields is an added advantage.
·        
At least five years’ experience in a business or
banking/financial services environment with at least 2 in Credit risk
management /sanctioning.
·        
Additional training/professional qualification in
Business, Investment and project appraisal, Risk management, financial analysis
·        
Credit certification and thorough understanding of
Dfcu credit policy, FIA and BoU guidelines on asset quality
·        
Broad knowledge and awareness of business issues,
current economic/market trends and a character of high personal integrity.
·        
Ability to work without supervision, driven enough
to achieve set targets
How to Apply:
All candidates
who so wish to join the banking sector in the aforementioned capacity are
encouraged to send their applications with detailed CVs including present
position and copies of relevant professional/academic certificates to:
Vacanciesbank@dfcugroup.com
Deadline: Friday, 30th
October 2015
NB: Therefore, if you do not hear from us by 13th
November 2015, consider your application unsuccessful
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