Job Title: Collections Officer
Organisation: NC Bank
Duty Station: Kampala,
Uganda
Uganda
Reports to: Head of Credit
About NC Bank:
NC Bank Uganda Limited was incorporated in Uganda on 8th August 2011
and approved as a Commercial Bank (Class 1) by Bank of Uganda on 8th February
2012. The Bank is authorized to carry out financial services business as
defined in the FI Act 2004 and Finance and Operating Leases. NIC Bank started
operations on 1st June 2012 and its authorized place of business is plot 4/6
Nakasero Road on Rwenzori Towers. The Bank is a fully owned by NIC Bank Limited
in Kenya.
and approved as a Commercial Bank (Class 1) by Bank of Uganda on 8th February
2012. The Bank is authorized to carry out financial services business as
defined in the FI Act 2004 and Finance and Operating Leases. NIC Bank started
operations on 1st June 2012 and its authorized place of business is plot 4/6
Nakasero Road on Rwenzori Towers. The Bank is a fully owned by NIC Bank Limited
in Kenya.
Job Summary: The Collections
Officer will primarily ensure proper management of account receivables by
minimizing credit losses and maximizing recoveries. The jobholder will also
ensure effective debt collection actions are taken against delinquent accounts
in accordance with the statutory and internal policies.
Officer will primarily ensure proper management of account receivables by
minimizing credit losses and maximizing recoveries. The jobholder will also
ensure effective debt collection actions are taken against delinquent accounts
in accordance with the statutory and internal policies.
Key Duties and
Responsibilities:
Responsibilities:
- Ensure
that the set targets are met in minimising credit losses and maximising
recoveries. - Send
timely feedback concerning changes in customer payment behaviour to
Management and the Business teams so that appropriate changes can be made
to policies, procedures and business strategy. - Manage
net credit losses within budget i.e. maintain provisions and suspended
interest within budget. - Attend
to regular queries from the business and customers on a day to day basis. - Work
closely with external service providers on recoveries and ensure all
documentation is well executed. - Ensures
conformity with the overall organization’s risk management policies
and standards. - The
jobholder will ensure compliance with the regulatory requirements and the
bank’s internal policies and procedures on asset classification,
recoveries and debt collection.
Qualifications, Skills and
Experience:
Experience:
- The
applicant for the NC Bank Collections Officer job placement should
preferably hold a Bachelor’s Degree in Business related field. - Possession
of an MBA will be an added advantage. - Qualifications
in Credit Management. - At least three years of related working experience in active debt
collection/recovery gained in a financial services industry. - Legislation: Must be familiar with legislation
and statutory requirements regarding loan monitoring, recovery and debt
collection. - Technology Skills: Computer
literate with proficiency in MS office and graphic applications, data
analysis and presentation. - Financial
Analysis Knowledge:
Ability to comprehend and analyze financial statements. - Knowledge
of Business Environment: Must understand local and global dynamics of the
business environments facing customers and other stakeholders in the
loan/debt recovery process.
Personal Competences:
- Performance
Oriented - Personal
Ethics - Decisive
and Independent - Good
interpersonal skills - Negotiation
Skills - Communication
Skills - Proactive
Initiator - Attention
to Detail - Human
Resources Management Skills
How to Apply:
All suitably qualified and interested candidates should send their
applications together with fully updated CVs indicating three professional
references, copies of academic transcripts and testimonials via E-mail to:
[email protected]
applications together with fully updated CVs indicating three professional
references, copies of academic transcripts and testimonials via E-mail to:
[email protected]
NB: Only short listed
candidates shall be contacted.
candidates shall be contacted.
Deadline: 12th June 2017
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