3 Debt Recovery Officer Job Opportunities – UGAFODE Microfinance Limited (MDI)

Organization: UGAFODE
Microfinance Limited (MDI)
Duty Station: Any
Branch, Uganda
About US:
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.
Job Summary: The
Debt Recovery Officer is mainly 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:  
for prompt follow up and recoveries of assigned non-performing loans.
all demand letters for delinquent loans in his/her portfolio are issued and
served promptly in accordance with credit policies and procedures.
The Debt
Recovery Officers will also 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.
with Head office Debt recovery unit and Legal department to ensure alternative recovery
measures are employed for unsecured loans and loans secured by inferior
for prompt follow up with assigned court bailiffs, auctioneers and other debt
recovery agents and advise management on all allocated loans.
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.

Qualifications, Skills and Experience:
ideal candidates for the UGAFODE Debt Recovery Officers jobs must hold
Bachelor’s degrees in business-related fields.
in Credit Management/Debt Collection will be a definite advantage
At least
two to three years of experience in banking operations, with exposure to credit
or lending and debt collection functions
communication and negotiation skills
interpersonal skills
honesty, integrity and a strong sense of ethics
ability to remain calm in stressful situations
and understanding
To be
persuasive, persistent and firm
and flexible to be stationed in any of our upcountry branches
Age: Between 25 to 35 years.
How to Apply:
Interested persons
who meet the above criteria should submit their motivation letters together
with an up to date CV to our email only: recruitment@ugafode.co.ug (please
indicate the position you are applying for in the Subject Line ‘’Application
for Debt Recovery Officer Position”). Applications should be addressed to the Head
of Human Resource.
Deadline: 18th May 2018
For more of the
latest jobs, please visit http://www.theugandanjobline.com or
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