Entry Level Recoveries Officer Job Vacancies – I&M Bank Uganda

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Job Title: Recoveries Officer

Organisation: I&M Bank Uganda

Duty Station:  Kampala, Uganda

Reports To: Team Leader, Collections & Recoveries

 

About US:

I&M Bank is a leading banking and insurance group in Eastern Africa with a presence in Kenya, Mauritius, Rwanda, Tanzania and Uganda. I&M Bank Uganda is a commercial bank headquartered at Kampala Road plot 6/6A with a growing regional presence.  The Bank offers a wide range of commercial banking and financial products and services, and prides itself on introducing innovative products and services based on the needs of its customers.

 

Job Summary:  To manage the bank’s delinquent accounts by recommending and/or implementing remedial action for purposes of minimizing credit loss through rehabilitating or recovering from such accounts.

 

Key Duties and Responsibilities:

  • Review the assigned delinquent accounts/portfolio to ascertain the causes of the default and recommend remedial action.
  • Ensure that facility documentation and securities of the managed portfolio are up to date.
  • Initiate and ensure viable remediation effort is undertaken to rehabilitate and/or recover from assigned client portfolio.
  • Participate in credit governance meetings to identify and/or recommend accounts that require closer monitoring under Recoveries & Collections.
  • Recommend accounts to be transferred to external service providers to support/ further management.
  • Update assigned clients’ files with the relevant recovery efforts.
  • Submit regular reports on updates on accounts in portfolio to Supervisor.
  • Prepare updates for monthly Recoveries meetings and ensure that such reports are submitted in a timely manner.

 



Qualifications, Skills and Experience:

  • First degree in any discipline with a minimum of a second class upper.
  • Professional qualification and post-graduate qualification (or in progress) in a business-related Field is a Must.
  • A minimum of 2-3 years cognate experience
  • Analytical and Investigative skills
  • Excellent communication Skills.
  • Sound understanding of banking industry
  • Knowledge and understanding of FIA
  • Good understanding of the business and macro – economics landscape
  • High integrity

 

How to Apply:

All suitably qualified and interested applicants should apply online at the link below.

 

Click Here

 

Deadline: 28th June 2022 at 5:00pm

 

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