4 Fresher Agricultural Loans Officer Job Placements – DFCU Bank



Organization: DFCU
Bank
Duty Station: Mbarara,
Soroti, Hoima, Isingiro, Uganda
Reports to: Branch
Manager
About US:
DFCU 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.
Job Summary:   The Agricultural Loans Officer will grow and
maintain a quality portfolio of the Agri customer base through the promotion of
the bank’s savings and lending products in strict compliance with laid down
risk management controls and credit procedures while providing exceptional
customer experience. 
Key Duties and Responsibilities: 
  • Recruit new Agri customers active in processing, production and/or
    trade such as (farmers, farmer groups/associations/cooperatives, traders,
    processors) for business growth and profitability.
  • Identify Agri business clients’ needs and offer solutions for
    customer satisfaction.
  • Work with the Branch Manager and Senior Manager – Agriculture &
    Informal to plan and coordinate the sales activities scheduled for the
    specified period.
  • Sensitise farmers to organise themselves in legally registered
    groups and stimulate savings. Conduct regular face-to-face customer
    visits, site visits, recognition initiatives and prepare reports in the
    prescribed manner.
  • Increase agri business penetration for the customers under
    management by reviewing their portfolio to determine potential cross sells
    and proactively recommend new products to customers for business growth.
    Initiate and analyse credit applications for new and existing agri
    business customers by completing the documentation with customers,
    completing the required financial analysis and submitting applications to
    credit for approval to meet the set agreed timelines.
  • Receive security documents for Agri-loan customers ensuring that
    they meet bank standards and any specific requirements depending on the
    facilities offered to the customer. Follow up on all approved
    agri-business loans and ensure that customer information is correctly
    captured in the system i.e. standing orders, interest rates, repayment
    schedules, limits, review and expiry dates
  • Receive and verify customer documents for account opening,
    facilities and other customer instructions according to the laid down
    procedures.
  • Timely notification of customers in regards to their loan
    approvals/declines of credit facilities and advise alternative options in
    case of a decline for customer satisfaction.
  • Monitor the agri business portfolio and identify early warning
    signals to ensure the NPA/PAR ar within the acceptable levels.
  • Make calls to clients with loans in arrears to support timely
    collection and generate reports to ensure NPA/PAR are within the
    acceptable levels.
  • Onboard new customers on quick banking and inform customers of other
    appropriate service channels.
  • Comply with KYC, AML & suspicious transactions reporting and
    ensure that all documentation and transactions are in line with local and
    regulatory anti-money laundering and KYC requirements.

Qualifications, Skills and Experience:
  • The applicant for the DFCU Bank Agricultural Loans Officer job
    placement must hold a Bachelor’s degree in Agricultural Economics or
    Agribusiness related course
  • Two years working experience in a financial institution in a sales
    role
  • Holder of a valid driving license class A.
  • Demonstrated awareness of the agriculture sector with regards to
    factors like farm management, government policies and projects, trends in
    the market etc.
  • Good understanding of the seasonal trends or cycles and their
    overall effect on various crops
  • Financial analysis and credit assessment skills are desirable
  • High level of speed and accuracy in order to exceed customer
    expectations.
  • Excellent sales/networking and relationship management skills
  • Strong communication and presentation skills
  • Good understanding of credit principles and guidelines
  • Excellent analytical skills
  • Excellent interpersonal and negotiating skills required.
  • Motivated, flexible and ready to work under pressure
  • Able to convey factual information clearly.
How to Apply:
All 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 (University
Transcript, O & A level) to: Vacanciesbank@dfcugroup.com
Deadline: 26th February 2019
NB: dfcu
Bank does not solicit/accept payment in cash/kind from prospective candidates
in exchange for shortlisting or job placement. Any candidate who engages in
this kind of transaction is aiding and abetting fraud and will be automatically
disqualified.
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