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Job Title:  Manager, Documentation and Securities    

Organisation: DFCU Bank

Duty Station: Kampala, Uganda

Reports to: Head- Credit Control and Documentation

About the Company:

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, Credit Control and Documentation, the Manager, Documentation and Securities will be responsible for managing document verification activities, documentation reviews and perfection of securities for approved facilities, providing high-level quality support to the Credit Control team, while monitoring and tracking vault inventory containing securities and other security documents, in full compliance with internal standards and external regulatory requirements.

Key Duties and Responsibilities:

• Pre-disbursement policy compliance checks and sanctioning conditions enforcement.
• Administer accurate document execution both internally and externally by the bank’s customers and the Bank’s internal signatories before submission to external lawyers for perfection.
• Monitor the performance of external law firms handling perfection.
• Administer securities and document perfection and lodgment to Central Registry.
• Issue a disbursement go-ahead within the agreed TAT upfront attaining full perfection of pledged security (unless there is a waiver in place).
• Liaising with all business units on all outstanding approval conditions, where waivers were granted and answering all queries relating to pending perfection.
• Keep an auditable stock report of all securities held- in all forms – including cash/FD and third-party collateral.
• Develop clear policies and procedures relating to documents and collateral management.
• Continuous review of processes within the department.
• Maintain Strong Room Access Control Register as well as other key records and vault information such as list of access visits, list of approved personnel and logs of vault alarm code updates, false alarms, etc.

Qualifications, Skills and Experience:

• A good Bachelor’s Degree in Business Administration or any Degree in other related fields.
• Experience in Documents and Records Management as an added advantage.
• Trained in key aspects of credit i.e. Credit Policy, IFRS, FIA, CRB, AML and KYC.
• A minimum of three years experience in areas of credit operations.
• Excellent understanding of collateral documents files.
• In-depth understanding of all bank’s products.
• Knowledge of practical applications of business and administration procedures.
• Demonstrated ability to advance multiple priority assignments independently, concurrently and within established deadlines.
• Computer literacy.
• Attention to detail and multitasking abilities.
• Strong interpersonal and communication skills.
• High level of integrity and ethical standards.
• High follow-through abilities.

How to Apply:
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including your present position and copies of relevant professional/academic certificates, to the email address indicated below:

Vacanciesbank@dfcugroup.com

Deadline: 5th August  2024.

NB: Only shortlisted candidates will be contacted. Please note that all recruitment terms and conditions as stated in the HR Policies and Procedures Manual shall apply.

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