Chief Credit Officer Employment Opportunity – Bayport Financial Services Uganda Ltd

Organisation: Bayport
Financial Services Uganda Ltd
Duty Station:  
Kampala, Uganda
About US:
Bayport Financial Services Uganda Ltd is part of the Bayport
Group (BML) headquartered in Mauritius and working out of Johannesburg, South
Africa with Financial Services Operations in over 9 Countries in Africa and
South America. In line with our Corporate Objective of continuous improvement
and achieving efficiencies in our Country Operations, we invite applications
from suitably qualified, professional and experienced candidates for the role
of Chief Credit Officer (CCO) within the Bayport Uganda Business at MANCO level.
Job Title: Chief Credit
Officer (CCO)
Working with the Chief Executive Officer and a member of MANCO,
the Chief Credit Officer (CCO) is one of the Senior Management Member responsible
for the entire credit performance from origination, coding, collection and
overall proficiency of the Credit function.
The Chief
Credit Officer is responsible for the overall Credit strategy, policies and management
of the projects implementation framework in credit, Credit administration and
Credit operations of the business of Bayport Uganda. The incumbent is further
responsible for ensuring that Bayport Uganda retains its competitive edge and
advantage within the microfinance space in Uganda by ensuring continuous
re-engineering of the country processes, progressive updates of the country
offerings and cultivating and retaining a robust relationship management platform
within the industry and the wider stakeholder forum, specifically with and Regulator
and the wider Government Apparatus to deliver on this credit objective in
Uganda. He or She will coordinate and partner appropriately with the business growth
and operations leadership to deliver value and competitive advantage for the
business and ensure an efficient and effective management of the resources of
the department. Ultimately, the incumbent is expected to ensure that the efficiencies
in performance exceeds the group and country expectation, with a minimum delivery
of 95% across all measured Key Performance Indicators for the Credit Function.   
Summary of Accountability and Responsibility:
  • Plan and coordinate management
    of all credit functions by providing management oversite on Origination
    and Coding, Receipting and Refunds, Disbursement and Cash Management,
    Collection Efficiency, OPC Functionality, Alternative Recovery Credit
    Operations and EDC Functionality.
  • Drive all credit
    activities including the mobilization of borrowers, review, underwriting and
    approval of loans and the timely recovery of all disbursed loans.
  • Track trends in the financial
    services industry and propose adjustments/changes to the company’s credit policies,
    strategy, processes and procedures to ensure the company retains its
    competitive advantage within the civil service microfinance and retail lending
    business space in Uganda.
  • Apply professional insight
    and understanding to the management of the company’s entire loan portfolio
    and ensure portfolio growth.
  • Ensure the company’s
    compliance with all regulatory requirements in the areas of credit,
    including but not limited to compliance with lending limits, sector caps, loan
    portfolio performance and performance classification. Also ensure
    compliance with regulatory reporting timelines and compliance with all Regulatory
    prescriptions from a credit perspective at all times.
  • Provide credit risk
    management expertise and advice to management through regular feedback
    using competent statistical tools and financial projection outputs for the
    formulation/annual update of the strategic plan, corporate budget and
    division’s plan and budget;
  • Ensure regularization of
    the excesses/installment arrears in line with Credit Policy and in close
    collaboration with sales team, branch managers and internal control teams;
  • Participate in the
    continual review and update of the company’s credit policies, guidelines,
    and practices, in line with changes in credit risk and the company’s
    business priorities;
  • Provide necessary guidance
    and leadership to subordinate teams and ensure effective execution of all
    Management, Group and Board recommendations and directives to the Credit
    Function
  • Review the daily and periodic
    Credit functional reports and ensure timely generation/compilation of management
    information reports and feedback to the Business and the Group Credit
    Teams.
  • Monitor daily movement of
    credit portfolio and ensure a healthy business portfolio throughout the
    year ensuring that overall Portfolio at Risk does not exceed 10% of total
    portfolio and achieve and eventually keep the Non-Performing Portfolio at
    below 5% of Realized Debtor Book value by achieving a minimum consistent
    98% first cycle coding measures with corresponding minimal monthly payroll
    cash collection of 96% of RDR Portfolio.
  • Ensure that credit
    delivery is effective, responsive and meets customer satisfaction; and ensure
    oversight over the recovery of non-performing assets and provide remedial
    actions for all overdue recoveries.



Qualifications, Skills & Experience:
The ideal candidate should be having a minimum of 10 years of
Banking or Microfinance Institution experience with at least 5 years of senior
Management experience in handling and directly supervising the Credit Department
or a very busy Unit or Section of the Credit Department with a minimum of 5
direct or indirect reports and should currently be actively employed; and must possess
a minimum of a good Bachelor’s degree from a reputable organization.
Areas of Deployment:  Kampala with multiple movement to Bayport
Uganda upcountry Branch operations in over 52 locations.


How to Apply:
Qualifying candidates can send
their applications with a signed formal application letter,
Detailed Curriculum Vitae and copies of Previous and current employment
documents and certified academic documents and any other relevant supporting
documentations to The Senior Supervisor Human Resources, Bayport Financial
Services, Plot 4, Kyandondo Road, Trust Tower, Kampala, PO Box 1171, Kampala,
Uganda Or email to hrcom@bayport.co.ug;
indicating on the left top corner of the application envelop and if email
application on the subject matter role applied for and name of applicant.
Deadline:  Monday 17th February, 2020;
NB: If not
contacted by Tuesday 18th February, 2020, please consider your application
as having been unsuccessful.
 Electronic
Applications should not exceed 10Mbs.
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