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.
Executive will proactively collect, restructure and recover the allocated loan
portfolio in accordance with the statutory and internal policies to ensure
optimal performance of the facilities and minimise loss to the Bank hence
directly contributing to the Bank’s P&L.
Responsibilities:
- The
incumbent will achieve agreed portfolio numbers on collections and
recoveries. - Manage
net credit losses for allocated portfolio within budget; i.e. maintain
provisions & suspended interest within budget. - The
incumbent will also ensure compliance with BOU regulations and dfcu Bank’s
internal policies and procedures on asset classification and
provisioning. - Maximize
recovery and minimize expenses.
Experience:
- The applicant for the DFCU Bank Collection
Executive career opportunity should hold a Bachelor’s degree in Economics,
Statistics, Commerce, Business Administration or equivalent. - One
to two years’ experience in a Financial Institution. - Thorough
understanding of the Bank’s Credit policies. - Broad
knowledge of the FIA asset classification guidelines. - Excellent
interpersonal, written and oral communication skills. - High
level of customer service, good negotiation skills with a
commercial focus. - Decision
making within set procedures. - High
standards of performance (eye for detail) - Computer
literacy i.e. proficiency in the use of Word and Excel. PowerPoint is an
added advantage.
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:
[email protected]
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