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Job Title:  Senior Officer – Credit Control   

Organisation: DFCU Bank

Duty Station:  Kampala, Uganda

Reports to: Manager – Credit Control

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:  Reporting to the Manager Credit Control, the Senior Officer – Credit Control will prepare all contracts relating to the Bank’s Corporate, Business Banking and other borrowing customers with non-standardized deals that involve unique terms and conditions with huge exposures in a language that can easily be understood by either parties in compliance with all legal, financial and credit requirements to protect the Bank from any loopholes arising from poor documentation and in case of default, such contracts must be enforceable in the Courts of law. They will also set out all terms and conditions under which the Bank is willing to make available to the Customer the approved credit facility and provide advisory services to the Bank’s business units.

Key Duties and Responsibilities:

• Preparation of loan documents for Corporate Banking and Business Banking borrowing customers in line with the Bank’s Approved Standard Formats.
• Preparation of documents for non-standardized deals that involve unique terms and conditions with huge exposures in line with the Service Level Agreement.
• Proofread and advise on standardized documents done by Legal and external lawyers – for accuracy and completeness.
• Draft Service Level Agreements, with all internal stake holders and review those with external stake holders.
• Offer advisory services to business units on all legal related issues on the different credit files as presented for preparation of credit agreements.
• Conduct regular security reviews, reconciling the physical security positions as reported by the Documentation team and tracking delays, renewals, and releases.
• Conduct periodical sensitivity and confirmation checks of validity of securities for deteriorating credit facilities of the Bank’s top borrowers.

Qualifications, Skills and Experience:

• The applicant must hold a Law Degree from a reputable learning institution.
• Diploma in Legal Practice from Law Development Centre (LDC) or its equivalent.
• Two years of experience in drafting credit agreements in a reputable institution/legal firm.
• In-depth knowledge of the principles governing Banking & Corporate Law, Land Law, Mortgages and Leasing, among others.
• Administration or any other related field in Credit Administration.
• Self-motivation, result orientation with ability to make appropriate decisions as and when required.
• Effective communication, good interpersonal and research skills.
• Excellent understanding of operations of all Bank products.
• Attention to detail.
• Independence and with a good judgement of tasks.
• Ability to deliver quality output within tight deadlines.

How to Apply:

If you believe you meet the requirements as noted above, please forward your application with a detailed CV 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: 10^th June 2022

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