2 Debt Recovery Officer Job Placements – Eleglance Finance Ltd

Organisation: Eleglance
Finance Ltd
Duty Station: Entebbe,
Uganda
About US:
Eleglance Finance
Ltd is a micro-finance institution which has played a crucial role in extending
Financial services to SMEs that find it challenging to access these services
from mainstream banks. Our investment approach goes beyond providing capital
but creating innovative solutions tailored toward financing needs of a growing
private entity. Providing financial services is pivotal in satisfying the needs
of the target market with financial products, financial information and
advisory services.
Job Summary:  The Debt Recovery Officer will assist the Debt
Recovery Manager in championing the Institution’s debt recovery
program/activities in liaison with all Branch Credit Team as well as the
external debt recovery agents.
Key Duties and Responsibilities: 
·        
Participates
in developing Institutional plan for recovery of all non-performing and written
off loans.
·        
Ensures
Branch Credit team carry out prompt follow up and recoveries of non-performing
loans.
·        
Provides
debt recovery support to Branches by carrying out field visits in Branches and
engaging with defaulting customers.
·        
Ensures
Branches maintain proper record of loan recovery activities including demand
notices, recall letters etc.
·        
Ensures
debt recovery activities are carried out in accordance with credit policies and
procedures
·        
Advises
and guides Branches on debt collection plan/activities to be carried out for
daily recovery non-performing loans
·        
Prepares
cases for handover to external debt collectors and legal action
·        
Coordinates
and follows up with assigned court bailiffs, auctioneers and other debt
recovery agents on all allocated loans.
·        
Work
closely with company lawyers to ensure quick disposal of securities pledged for
non-performing loans.
·        
Prepares
reports on debt collection activities carried out in Branches to Debt Recovery
Manager.
·        
Perform
any other duties as may be assigned from time to time.


Qualifications, Skills and Experience:
·        
The
applicants for the Debt Recovery Officer jobs should hold University degrees in
business-related OR Legal fields.
·        
Qualifications
in Credit Administration/Debt Collection will be a definite advantage
·        
At least
two years’ experience in banking/microfinance 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
How to Apply:
All candidates
should send their updated CVs and applications to: info@eleglancefinance.co.ug
Deadline: 14th March 2019
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