2 Credit Manager – Corporate Job Placements – DFCU Bank

Organisation: DFCU Bank
Duty Station: Uganda
Reports to: Senior Manager- Credit Approval
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 Credit
Manager – Corporate will evaluate and approve corporate applications within
delegated approval authority, as well as make recommendations for approval to a
higher sanctioning authority for deals that are outside their discretion. To
ensure profitable and well-structured proposals for large corporates are booked
to achieve the targeted business growth and minimize credit losses by lending
within the bank’s risk appetite and regulatory guidelines.
Key Duties and Responsibilities:
·       
Review and
sanction all proposals (new & existing) within personal discretion (≤
USD200,000) in adherence with dfcu’ s internal credit policies, Risk Management
Control Document and other required regulations including BOU, FIA, and
funders.
·       
Assessment and
recommendation of files outside their discretion to the higher sanctioning
authority including the Head of Credit, Internal Credit Committee and the Board
Risk Credit Committee in a bid to achieve the bank’s disbursement targets of
quality deals.
·       
Analyse current
credit data, financial statements of corporate/ large individual & Business
Banking borrowers to determine the degree of risk involved in extending credit;
and determine expected profitability of loans, as well as preparing reports
justifying the decisions made.
·       
Organise the
maintenance and updating of bank credit policies and procedures bi-annually in
accordance with bank/ industry trends, evolving regulations, legal requirements
as well as their implementation to ensure compliance.
·       
Provide support
in structuring proposals to minimise risk and ensure full repayment.
·       
Timely responses
on sanctioning of deals and excesses within agreed Service Level Agreements
(SLA)
·       
Train and coach
the Business Analysts as well as Relationship Managers in credit assessment/
analysis, deal structure, policies and procedures.
·       
Conduct road
shows on credit underwriting criteria for staff in the Credit value chain to
uphold quality of deals booked.
·       
Responsibility
for personal adherence to governance, compliance and lending portfolio controls
thus ensuring own conformance to policy and procedures within the Credit
Function, including proactive management of agreed responsibilities for Data
Integrity.
·       
Review of and
adherence to service level agreement between sales and credit units annually in
order to maintain service delivery in line with/ ahead of competition.
·       
Monitor the
overall quality of the Corporate/Business Banking portfolio, through
participation in governance meetings.



Qualifications, Skills and
Experience:
·       
The ideal
applicant for the DFCU Bank Credit Manager – Corporate job must hold a Bachelor’s
degree with bias in any of the following areas: Finance, Banking, Economics,
Business Administration and a Master’s degree or similar qualification in these
fields.
·       
Additional
training/professional qualification in Business, Investment and project
appraisal, Risk management and financial analysis.
·       
Credit
certification.
·       
Five years’
experience in a business or banking/financial services environment with at
least 3 in Credit risk management /sanctioning.
·       
Understating of
SMEs and Corporates and the general business environment.
·       
Thorough
understanding of dfcu credit policy, FIA and BOU guidelines on asset quality.
·       
Knowledge and
understanding of dfcu products offering.
·       
Awareness current
economic/market trends.
·       
Analytical and
problem-solving skills.
·       
Good
communication skills (both oral and written) to allow for effective teamwork
and interaction with all levels of staff.
·       
Computer
knowledge (Microsoft desktop products).
·       
Basic legal skills.
·       
Managerial and
team building skills.
·       
Ability to work
without supervision, driven enough to achieve set targets.
How to apply:
All suitably qualified and
interested candidates are encouraged to
send applications  with  detailed
CV’s  including present position and copies of relevant
professional/academic certificates (University Transcript, O & A level) to
the email address indicated below;
 Vacanciesbank@dfcugroup.com
Deadline: 5th December
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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