No Experience Deposit Payout and Claims Officer Job Opportunities – Deposit Protection Fund of Uganda (DPF)

Job Title:             Deposit Payout and Claims Officer (No Experience Required) 
Organization:  Deposit
Protection Fund of Uganda (DPF)
Duty Station:   Kampala, Uganda
Reports to:      Manager/Assistant
Manager of Business Operations
About US:
The Deposit Protection Fund of Uganda (DPF) is a Ugandan
government agency that provides deposit insurance to depositors in Ugandan
Banks, Credit Institutions and Microfinance Deposit-taking Institutions (MDIs).
Job Summary:    The Deposit Payout and Claims Officer will
ensure the Fund pays out the insured amounts in the event of initiation of
bankruptcy or liquidation procedure over a Contributing Institution, in
compliance with the law governing bankruptcy and liquidation.
Key Duties and Responsibilities:  
Participate in the development and
implementation of a depositor payout system.
Reviews depositor records always and undertakes
preparatory reviews of deposit liability records to ensure prompt and accurate
reimbursement of insured deposits.
Participates in the issue of guidelines or
regulations to ensure that Contributing Institutions provide accurate deposit
liability records, within a specific time-frame, for aggregation of depositors’
funds and when required by law or regulation (a “Single Customer View (SCV)”).
Proposes systems, processes and procedures to
eliminate impediments to prompt reimbursement e.g. eliminating the application
of set-off and aggregation of multiple ownership accounts, removing the need
for claims to be made by Depositors, and  
to   review   and  
possibly   eliminate   any inefficient   or counterproductive    regulations applicable    to the   
deposit    insurance reimbursement
Participates in the development of
technology-based systems to process depositor information in a systematic and
accurate manner and prompt reimbursement of depositors’ claims.
Draft clear communications for the payment
methods and timing for payments to depositors as part of a comprehensive
communications strategy to manage public expectations.
Coordinate audits of   the  
reimbursement   process confirm
that appropriate internal controls have been applied during the reimbursement
process and that reimbursements are accurate.
Participates in regular contingency planning and
simulation exercises to test the operational readiness of the Fund in carrying
out reimbursements.
Performs other work-related duties as assigned,
within your scope of practice.
Key Results:
Payment of claims.
Issuance of final notice to depositors.
Deposit transfers.

Qualifications, Skills and Experience:
The ideal candidate for the Deposit Protection
Fund of Uganda (DPF) Deposit Payout and Claims Officer job placement must hold
a first-class or upper second-class bachelor’s degree in business
administration, finance, banking, economics, statistics, mathematics or related
area, from an accredited institution, is essential.
Demonstrated knowledge of financial and
accounting practices and procedures is desirable.
Demonstrated proficiency in MS office packages
is desirable.
Prior work experience is not a must.
Technical Competencies
Payable and receivables accounting.
Taxation and fiscal accounting.
Book-keeping and book-closing.
External funds accounting.
Financial reporting and analysis.
Debt management.
Behavioral Competencies
Accountability and Dependability: Takes personal
responsibility for the quality and timeliness of work and achieves results with
little oversight.
Transparency and Integrity: Earns others’ trust
and respect through consistent honesty and professionalism in all interactions.
Team spirit and collaboration: Promotes
cooperation and commitment within the team to achieve the Fund’s organizational
goals and deliverables. Builds constructive working relationships characterized
by a high level of acceptance, cooperation, and mutual respect
Adaptability and Flexibility: Adapts to changing
needs, conditions, and work responsibilities.
Self-Management and thoroughness: effectively
manage own time, priorities, and resources to achieve goals. Ensures that work
is complete and accurate and independently follows up with others to ensure
that agreements and commitments have been fulfilled.
Communication: Shares and receives information
using clear oral, written and interpersonal communication skills.
Stress Tolerance and tact: Maintains composure
in highly stressful or adverse situations, diplomatically handles challenging
or tense interpersonal situations.
Employee Engagement and enthusiasm: Demonstrates
commitment to the job, colleagues, the Fund and its mission by acting in ways
that further the accomplishment of its goals.
How to Apply:
All suitably qualified and interested candidates are
encouraged to apply online at the link below.
Deadline: 30th
January 2020 by 5:00pm
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