Several Loans Officer Job Opportunities – Cycle Connect

Organisation: Cycle
Connect
Duty Station: Gulu,
Uganda
About US:
Cycle Connect is
delivering the products and services to rural farmers to unlock potentials and
propel communities forward. To catalyze farmers to realize their potential
Cycle Connect offers asset financing directly to the most remote farmers. Our
first product, a bicycle, connects farmers to market and other basic life
needs. Our portfolio is growing with new assets that push upward mobility for
rural farmers. We’re dedicated to serving farmers who are financially excluded
and yet need access to assets on credit.
We are a social
driven business. We are committed to our impact and the farming customers we
serve, but we see the need for business opportunities in community development.
To date we’ve
disbursed over 4,000 loans and are focused on another 3,000 in the coming
twelve months.
Key Duties and Responsibilities: 
As a Loan Officer,
you will have the overall responsibility to ensure a high quality loan
portfolio. Your primary responsibilities will include:
Applications and
Appraisals of clients (25%):
                    
Evaluate
the credit worthiness of individuals using the individual application and
appraisal forms
                    
Use
Cycle Connect policies strictly when carrying out client application and
appraisal processes
                    
Going
above and beyond the individual appraisal to use good judgment in loan
processes
Loan Distribution
(10%):
                    
Coordinating
logistics of loan disbursements
                    
Ensuring
bicycles are disbursed to named applicants
                    
Ensure
all applications and agreements are dually signed and completed
Group/Individual
Repayments (40%):
                    
Call or
text group executives two to three days before repayment dates
                    
Attend
all loan repayments
                    
Ensure
and enforce attendance of groups at loan repayments
                    
Ensure
repayment schedules, group receipts, and passbooks are up to date and accurate
                    
Supervise
repayments to ensure timely repayments from all clients
Monitoring and
Defaulting Clients (10%):
                    
Proactively
follow-up with clients who miss payments, starting from the day they miss
                    
Comply
with Cycle Connect follow-up procedures for defaulting clients
                    
Assess
late fines, and repossess collateral when necessary, according to
organizational policies and procedures
Administrative
Tasks (10%):
                    
Maintain
and update written and electronic loan records, as well as other client or
group documents
                    
Field
enumeration and data reporting
                    
Write
all necessary loan reports
                    
Photocopying,
data entry, and answering phone calls as necessary
                    
Other
tasks deemed necessary by the supervisor
Strategy (5%):
                    
Work
with management to improve loan procedures and policies
                    
Work
with management to achieve, or exceed, quarterly and annual organization goals
Key Result Areas/ Accountabilities:
                    
Thorough
and accurate evaluation of creditworthiness, including home visits for each client
                    
Maintain
strong repayment rate (over 90%) and below 1% Portfolio at Risk (PAR30)
                    
Show
accountability for defaulting loans with proactive outreach and follow-up with
clients from the first day they miss payment
                    
Maintain
strong relationships with group executives, and clients, and community leaders
                    
Ensure
paper and electronic group records match, are accurate and up to date



Qualifications, Skills and Experience: 
                    
The ideal
candidate must hold a diploma or degree in relevant field (Finance, Business,
etc.)
                    
A minimum
of two years of experience in a similar role at a credit institution,
preference given to those who have worked at a Microfinance Institution (MFI)
                    
Experience
working with VSLAs, or farmer’s groups
                    
Familiarity
with agriculture
                    
Fluency
in both Luo and English, with strong written and oral communication skills
                    
Ability
to ride motorcycle long distances daily
                    
Be able
to work independently
                    
Computer
skills including a loan database, Microsoft Word and Excel, as well as, the ability
to learn new programs
                    
Extremely
organized, detail-oriented, fast-paced and efficient with a high level of
integrity
                    
Able to
work independently in an unstructured environment where systems and processes
are being built or improved everyday
Why work with us?
                    
Cycle
Connect is growing quickly, which allows the opportunity of staff to grow with
us. We offer professional development stipends for employees to use at
workshops or trainings of their choice.
                    
We offer
competitive salaries and monthly airtime stipends.
                    
We are
constantly seeking to build the best company. This means we take your feedback
seriously – your knowledge and experience can improve our policies and
procedures.
                    
While
our team is result-oriented, we also have a lot of fun. We enjoy team meals and
lots of laughter.
Other information:
You will work
primarily out of our office in Gulu. You will spend approximately 75% of your
time in the field. Working hours are Monday to Friday 9:00am to 6:00pm. Evening
and weekend work may be needed. As a Loan Officer, you report to the credit
supervisor and will work alongside a growing team of eight Loan Officers and
two other Marketing Officers.
We are also looking
out for a cultural fit and values that we embody are non-negotiable, candidates
should embody all Cycle Connect values and ensure they live up to our values. Below
are our core values, Humility, Integrity, Accessibility, Boldness, Solution
Oriented
How to Apply:
All suitably qualified
and interested candidates should apply online at the link below.
Deadline: 30th April 2019
For more of the
latest jobs, please visit http://www.theugandanjobline.com or
find us on our facebook page https://www.facebook.com/UgandanJobline




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