Job Title: Debt Recovery Officers (2 Job Placements)
Organization: UGAFODE
Microfinance Limited (MDI)
Microfinance Limited (MDI)
Duty Station: Kampala,
Uganda
Uganda
About UGAFODE:
UGAFODE Microfinance Limited (MDI) is a registered financial
institution in Uganda and is adherent to the Central Bank’s regulations and
guidelines and was founded in 1994 to provide quality microfinance services.
institution in Uganda and is adherent to the Central Bank’s regulations and
guidelines and was founded in 1994 to provide quality microfinance services.
Job Summary: The Debt
Recovery Officers will be responsible for championing branch debt recovery
activities in liaison with all the external debt recovery agents and H/O debt
recovery unit.
Recovery Officers will be responsible for championing branch debt recovery
activities in liaison with all the external debt recovery agents and H/O debt
recovery unit.
Key Duties and
Responsibilities:
Responsibilities:
- Responsible for prompt follow up and
recoveries of assigned non performing loans. - Ensure all demand letters for delinquent
loans in his/her portfolio are issued and served promptly in accordance
with credit policies and procedures. - Ensure all recovery activities and follow
up are properly documented and filed in customers’ credit files. - Work closely with Head office Debt
recovery unit and Legal department to ensure quick disposal of securities
pledged for non-performing loans. - Liaise with Head office Debt recovery unit
and Legal department to ensure alternative recovery measures are employed
for unsecured loans and loans secured by inferior securities. - Responsible for prompt follow up with
assigned court bailiffs, auctioneers and other debt recovery agents and
advise management on all allocated loans. - Maintain a proper diary in Excel
Spreadsheet format, for all the scheduled debt recovery activities e.g. demand
notice expiry, advertisement notice expiry, auction date, e.t.c to be
shared with branch management on weekly basis. - Perform any other duties as may be
assigned from time to time by credit manager or branch manager.
Qualifications, Skills and
Experience:
Experience:
- The applicants for the UGAFODE
Microfinance Limited (MDI) Debt Recovery Officer jobs should hold University
degrees in business-related fields - Qualifications in Credit Management/Debt
Collection will be a definite advantage - At least two to three years’ experience in
banking operations, with exposure to credit or lending and debt collection
functions - Excellent communication and negotiation
skills - Good interpersonal skills
- Maturity, honesty, integrity and a strong
sense of ethics - Demonstrated ability to remain calm in
stressful situations - Patience and understanding
- To be persuasive, persistent and firm
- Age: Between 25 to 33 years.
How to Apply:
All suitably qualified and interested candidates should send their E-mail applications which should include a cover letter and an up-to-date detailed CV.
Your applications should include names of three professional referees and a
day-time telephone contact. Address the application to:
Your applications should include names of three professional referees and a
day-time telephone contact. Address the application to:
Head of Human Resources,
UGAFODE Microfinance Limited (MDI),
Silva Arcade, Plot 62 Bombo Road,
P.O. Box 30815, Kampala. Uganda
Email to:
[email protected] (Please indicate the position you are applying for)
[email protected] (Please indicate the position you are applying for)
Deadline: 28th April,
2017
2017
For more of the latest jobs, please visit https://www.theugandanjobline.com or
find us on our Facebook page https://www.facebook.com/UgandanJobline
find us on our Facebook page https://www.facebook.com/UgandanJobline