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Chief Credit Officer (CCO) Employment Opportunity – EFC Uganda Limited (MDI)
Job Title: Chief Credit Officer (CCO)
Organization: EFC Uganda Limited (MDI)
Duty Station: Kampala, Uganda
Reports to: Managing Director (MD) and DID Technical Advisor
About US:
EFC
Uganda Limited (MDI) is a leading deposit taking Microfinance Company
supervised by the Bank of Uganda and it provides financial services to micro
and small size enterprises (MSEs). Its major purpose is to provide increased
access to specialized financial services for entrepreneurs while contributing
to wealth creation, improvement of living conditions and development of the
Ugandan private sector.
Uganda Limited (MDI) is a leading deposit taking Microfinance Company
supervised by the Bank of Uganda and it provides financial services to micro
and small size enterprises (MSEs). Its major purpose is to provide increased
access to specialized financial services for entrepreneurs while contributing
to wealth creation, improvement of living conditions and development of the
Ugandan private sector.
Job Summary: The Chief Credit Officer (CCO) will provide
leadership, coordination and oversight in the day-to-day management,
administration, quality and growth of the EFC Uganda loan portfolio. The incumbent
is responsible for enhancing the internal credit granting processes and
infrastructure that will facilitate EFC’s continued growth and fulfillment of
its mission. The CCO is primarily responsible to assure the effectiveness of
departmental internal controls, maintain and exceed established targets and
quality standards, provide budget management oversight, lead timely product
testing and roll out processes, define effective policies and procedures that
assure efficient lending operations and eliminate bottlenecks that effect
inter-departmental productivity.
leadership, coordination and oversight in the day-to-day management,
administration, quality and growth of the EFC Uganda loan portfolio. The incumbent
is responsible for enhancing the internal credit granting processes and
infrastructure that will facilitate EFC’s continued growth and fulfillment of
its mission. The CCO is primarily responsible to assure the effectiveness of
departmental internal controls, maintain and exceed established targets and
quality standards, provide budget management oversight, lead timely product
testing and roll out processes, define effective policies and procedures that
assure efficient lending operations and eliminate bottlenecks that effect
inter-departmental productivity.
Key Duties and Responsibilities:
- Strategic Planning & Management –
direct the planning, drafting and implementation of departmental strategic
and business plans and budgets including (i) setting strategic and
financial objectives, (ii) prudently managing all EFC resources within
budget parameters and according to policies and statutory requirements,
and (iii) product and service design, testing, marketing, promotion,
delivery and quality; - Risk Management – direct and support the development
and implementation of a risk management framework (i.e. credit, liquidity,
interest rates, foreign exchange, transaction, fraud, business continuity,
compliance, legal, governance, reputation, and external business risks)
ensuring key credit risk related performance indicators are effectively
managed within the prescribed limits; - Human Resources Management – provide strong leadership and
effective management of EFC human resources according to authorized
personnel policies and procedures that fully conform to statutory
requirements; - Community, Public & Stakeholder Relations –
ensure the EFC vision, mission and values together with its products and
services are consistently presented in a strong and positive image to all
relevant stakeholders and support funding/fundraising planning and
implementation, including identifying resource requirements, researching
funding sources, establishing strategies to approach funders and
submitting proposals. - Other Duties:
- Cultivate EFC values throughout the
organization; - Instill a human capital development
and “coaching” culture within EFC to promote institutional and
operational effectiveness; - Ensure effective Human Resource
Management (HRM) functions within the department and in collaboration
with HR including training, development, employee relations, performance
evaluation and recruitment; - Manage the departmental business
planning process including implementing and managing the business plans
and the annual budget; - Oversee strategic and tactical
management of all EFC lending operations ensuring that sales targets are
met and all credit related activities are well undertaken; - Lead credit management efforts, as
well as strategic and operational approaches to developing and delivering
exceptional and innovative products and services; - Work closely and cross-functionally
to define, develop, implement, and support cost-effective and integrated
lending technology solutions; - Ensure, in collaboration with Risk
& Compliance, compliance with all laws and regulations applicable to
EFC’s lending operations and reporting requirements; - Oversee and assess credit policies,
procedures and internal controls with the objective to recommend
development and implementation of optimized internal processes and
resources to meet growth demands while maintaining high levels of
customer satisfaction and service; - Oversee the monitoring, analysis and
reporting of credit performance indicators, ratios and results together
with corrective action as necessary; - Develop and oversee, in
collaboration with other Executive and Senior Managers, implementation of
effective business development strategies including identification of
geographic growth opportunities and priorities; - Communicate and drive EFC branding both
internally and externally; - Implement strategies and operational
plans to ensure EFC loan portfolio growth and profitability; - Meet regularly with Department Heads
to keep informed and to offer support and direction as required; - Support the EFC’s annual independent
audit and periodic internal audits; - Lead and/or support initiatives that
will raise additional capital as required for expansion; - Lead and manage the overall credit
portfolio administration and business operations; - Lead and coach the team and ensure
transfer of knowledge and competences. - Perform any other duties and
responsibilities as assigned by the CEO.
Qualifications, Skills and Experience:
- The ideal candidate for the Chief Credit Officer
(CCO) job placement should preferably hold a Master’s in Business related studies
desirable but a Bachelors may be considered combined with relevant
experience; - At least eight years of progressive
experience in credit related positions of which three years should be of
relevant senior management/executive experience in a financial institution
focusing on credit operations (microfinance and MSE lending is desirable); - The Chief Credit Officer (CCO) should have good
practical knowledge of and experience in the financial services sector
with particular emphasis on lending operations. The incumbent must have
the foresight to see how the intricate day-to-day activities link with and
support the achievement of the vision and mission of the EFC. - Demonstrated ability to manage multiple
priorities and deadlines; - Excellent oral and written communication
skills in English; - Excellent problem solving skills and capacity
for adaptability and work under pressure; - Ability to manage a team of broad range of
experience, competencies and technical skills - Effective leadership, conflict management and
negotiation skills.
How to Apply:
All
suitably qualified and interested candidates are encouraged to send a letter of
interest explaining their motivation for the position applied for together with
their Curriculum Vitae, three professional references and copies of academic
certificates/diplomas. The complete applications must be sent via E-mail only
to: HR_OFFICER@efcug.com.
suitably qualified and interested candidates are encouraged to send a letter of
interest explaining their motivation for the position applied for together with
their Curriculum Vitae, three professional references and copies of academic
certificates/diplomas. The complete applications must be sent via E-mail only
to: HR_OFFICER@efcug.com.
NB: The job title should be included in the subject
of each application.
of each application.
Deadline: 8th July 2016 by 02:00 PM
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