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Job Title:  Regional Credit Analyst – Northern Region (Fresher Jobs)     

Organisation: DFCU Bank

Duty Station:  Gulu, Uganda

Reports to: Head of Retail Credit Origination

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 Head of Retail Credit Origination, the Regional Credit Analyst – Northern Region will be responsible for developing and analysing medium to large fundable credit proposals through effective credit appraisals and due diligence processes to achieve quality portfolio growth.

Key Duties and Responsibilities:

• Analyse information and data for customers and prepare credible credit proposals with the result of getting quick approval from the credit approval team and managing customer expectations.
• Propose appropriate structure and the financing need and pricing for the different credit applications and advise the relationship managers and customers accordingly to ensure that it meets set standards and complies with the credit policy.
• Timely submission of required documents to credit and legal departments to have fast turnaround time, compliance with internal controls as per credit approval criteria detailed in the Credit Policy and Operational Guidelines to avoid/minimise loss of revenue and prevention of frauds and forgeries.
• Make physical visits, inspect, and confirm the existence of the business for proposed credit facilities to ensure that customer business is in line with the bank’s acceptable credit risk appetite.
• Review existing credit facilities on an annual basis, make necessary propositions like renewals, and restructures, to minimise arrears and avert likely NPA while ensuring customer retention, and revenue stability and identifying new business.
• Maintain annual credit review calendar and prompt relationship managers to obtain the necessary information for reviews of credit facilities.
• Review client’s compliance to set covenants and conditions at facility approval.
• Proper pricing of credit applications and reviews ensure full collection of fees and commissions for growing the revenue line.
• Offer suggestions for policy and process improvements in line with changing business needs to enable the bank to meet customer requests in an agile manner.
• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of businesses and counter party risks for new or increased credit facilities.

Qualifications, Skills and Experience:

• The applicant for the DFCU Bank job must hold a Degree (Business Studies, Management, Economics).
• Credit Analysis and Underwriting training.
• Two (2) years working experience in Credit Analysis in the banking industry or any related field.
• Advanced Credit Analysis skills – interpretation of financial information.
• Have a thorough understanding of bank products and general knowledge on current trends in the market.
• Quality underwriting skills.
• Customer service/centric skills.
• Excellent communication skills – both written and oral.
• Forecasting and business modelling.
• Computer competence.
• Good negotiation skills.
• Good interpersonal skills.
• Ability to manage time and pressure effectively to ensure no loss of efficiency.
• Good presentation and communication skills.
• Organised and efficient i.e. goal and task oriented to complete multiple priorities and with the dynamic demands of the different teams in relationship management, credit sanctioning, disbursement, legal etc.
• Excellent communication skills and be able to deal with clients directly.
• Ability to keep abreast on changes in the market, customer requirements, competitors’ responses, and the bank’s ability to use information to identify new business opportunities and threats.
• Ability to keep abreast on changes in the market, customer requirements and competitors’ responses.
• Ability to identify new business /products on the market, opportunities, and threats in order to carry out a comprehensive credit analysis.
• Good interpersonal skills – ability to quickly build rapport with new people.
• Have a thorough understanding of bank products and general knowledge on current trends in the market.

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: 20^th March 2024

Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.

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