Job Title: Loans Officer (Several Jobs)
Organisation: FIG Consult Limited (Financial Services Company)
Duty Station: Kampala, Uganda
About US:
FIG Consult Limited
is a leading Human Resource Consultancy. They are recruiting on behalf of a
valuable client, a financial services company whose aim is to sustain, grow and
expand businesses by providing financial support through loans.
is a leading Human Resource Consultancy. They are recruiting on behalf of a
valuable client, a financial services company whose aim is to sustain, grow and
expand businesses by providing financial support through loans.
Job Summary: The
Loans Officer will ensure credit appraisals and documentation, monitor payments
of credit clients and also ensure loan/ payments recovery in order to minimize
non-performing loans.
Loans Officer will ensure credit appraisals and documentation, monitor payments
of credit clients and also ensure loan/ payments recovery in order to minimize
non-performing loans.
Key Duties and Responsibilities:
- The incumbent will grow the business by
identifying potential clients. - Conduct loan appraisals for applying
clients and recommend to the Credit Manager for a credit decision. - Manage portfolio to ensure good
performance; clients pay on time. - Ensure all applicants are advised on
fate of applications within reasonable time. - Proactively manage risk /exposure for
assigned portfolio - Recover the loans in accordance with the
loan agreements. - Build, strengthen and manage the
relationships between the Company and clients. - Provide technical guidance/assistance to
the clients to use sound practices in their organizations. - Actively participate in promotion and
dissemination of relevant information, procedures and guidelines about the
Company to different stakeholders. - Take part in the process of defaulter
recovery at the office and in the field - Compile periodic performance reports on
clients under his/her areas of supervision for submission to the Manager. - Supervise clients to abide by the agreed
loan terms in the contract. - Collect all debts and reconcile with client
and Manager - Actively participate in identification
of Risks and provide mitigation. - Maintain an up-to-date qualified
pipeline on all new business prospects looking for loans. - Evaluate credit worthiness by processing
loan applications and documentation within a specified limit. - The incumbent will interview applicants
to determine financial eligibility and feasibility of granting the credit
facilities. - Direct walk in loan applicants/potential
clients on the loan requirement process, and address any questions &
queries about the process. - Establish rapport with borrowers and
educate customers about the business loan policy and procedure - Obtain and compile copies of loan
applicants’ credit histories, personal financial statements and any other
related financial information - In charge of the daily engagement and
negotiation of payment arrangements with customers/clients who have
delinquent/overdue loans - Daily communication with
clients/customers either by telephone, electronically or face to face with
loans due within two days - Respond promptly to customer/client
inquiries - Process and follow up client/customer
loans and requests in a timely manner - Manage and resolve customer/client
complaints - Direct loan requests and unresolved loan
issues to the Managing Director - Computation of a payment schedule/loan
amortization schedule for all walk in clients for all loans approved by
the Managing Director
Key Performance Indicators:
- Increased credit portfolio.
- Proper and timely assessment of credit
applications. - Well maintained loan portfolio.
- Recovery and low Non performing loans.
Qualifications, Skills and Experience:
- The ideal candidate should preferably
hold a First Class, Second Class Upper or Second Class lower Degree in
Business-related courses from a recognized University. - Two years of experience in loans
administration, recovery, etc - Good problem solving skills.
- Excellent customer care and
interpersonal skills. - In-depth knowledge of the principles governing Banking & Corporate Law, Land Law, Mortgages and Leasing, among others;
- Excellent negotiation skills with ability
to assess issues and be assertive / firm with clients as required. - Excellent communication skills,
telephone manners and techniques and interpersonal skills. - Ability to work autonomously and take
responsibility. - Ability to understand terms and conditions
of contracts, to analyze slow moving accounts and outline a collection
strategy to resolve each case. - Computer literacy skills are essential
and mandatory. - Knowledge of basic book keeping
- High levels of integrity.
How to Apply:
All candidates
should send their updated CVs and cover letters to [email protected]. Please
clearly state your salary expectation in the cover letter and indicate the
position title as subject of Email.
should send their updated CVs and cover letters to [email protected]. Please
clearly state your salary expectation in the cover letter and indicate the
position title as subject of Email.
Deadline: 8th January 2019
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