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Job Title:    Credit
Documentation and Security Officer (2 Job Placements)

Organisation: DFCU Bank

Duty Station:  Kampala, Uganda

Reports to: Manager – Credit Documentation and
Securities

 

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 Documentation and Security Officer will
be responsible for the daily activities of credit and entity account
documentation and securities in line with the operating guidelines to mitigate
risks and minimize operational losses.

 

Key Duties and Responsibilities:  

·       
Receive securities from the business and check
completeness in line with the Offer letter.

·       
Check and confirm that credit and entity account
documents have been executed and are enforceable.

·       
Lodging the received unperfected securities with
our Central Registry and ensuring security received notes are placed on the
customers’ files.

·       
Handing over unperfected securities to the
external lawyers, obtaining security acknowledgement notes for the same,
ensuring all securities/documents are submitted in full to the external
lawyers.

·       
Receiving perfected securities from the external
lawyers, issuing an acknowledgement note for the same, ensuring that all
securities/documents are received in full from the external lawyers.

·       
Responsible for ensuring that all perfected
security related documentation is captured in the system and filed.

·       
Handing back securities for paid up credit,
security swaps in line with the security release process flow.

·       
Track external lawyers’ weekly progress report
and maintain external lawyers’ monthly review calendar.

·       
Track insurance service providers monthly and
send out notification for upcoming maturities.

·       
Review entity account opening documentation,
submit the same for company search and ensure that mandatory documents are
attached.

·       
Receive company search results and share the
same with the business for action.

·       
Report on documentation breaches and keep a
track of such breaches for closure.

·       
Handle all calls and queries relating to
documentation and securities as per agreed service level agreements.

·       
Reconcile invoices presented by lawyers for
professional fees and stamp duties against the actual payment to URA. In
addition, follow through on resolution of any outstanding items on the
reconcilable accounts.

·       
Update security details in the core system as
and when required.

·       
Reduction of operational losses and fraud
mitigation.

 

Qualifications, Skills and Experience:

·       
The applicant for the dfcu Bank Credit
Documentation and Security Officer job placement must hold a bachelor’s Degree
in Legal Practice or any related field.

·       
Training in key aspects of credit i.e. Credit
Policy, IFRS, FIA, CRB, AML and KYC.

·       
Two (2) years’ working experience in a law firm.

·       
Records management is an added advantage.

·       
Excellent communication and documents management
skills.

·       
Attention to detail

·       
Excellent analytical skills, ability to
demonstrate high degree of accuracy and meet deadlines.

·       
Excellent interpersonal, verbal, written,
communication and independent judgement skills.

·       
Attention to details.

·       
Strong communication skills.

·       
High level of integrity and ethical standards.

 

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 and A level) to
the email address indicated below; Vacanciesbank@dfcugroup.com

 

Deadline: 2^nd September 2020

 

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