Product Manager, Group Loans Employment Opportunity – UGAFODE Microfinance Limited (MDI)

Job Title:        Product Manager, Group Loans
Organization: UGAFODE
Microfinance Limited (MDI)
Duty Station: Kampala,
Uganda
Reports to: Head
of Credit
About US:
UGAFODE Microfinance
Limited (MDI) is a registered financial institution in Uganda and is adherent
to the Central Bank’s regulations and guidelines and was founded in 1994 to
provide quality microfinance services.
Job Summary:
The Product Manager, Group Loans will implement credit activities of the
Institution in line with the set departmental targets/goals and policies of the
Institution.
Key Duties and Responsibilities: 
  • Disbursement of credit in a prudent manner
  • Monitoring of loan performance and loan recovery
  • Constant Monitoring and review of credit policies in line with
    changes/developments in the industry.
  • Responsible for the management of the Credit Risk for Group Loans
  • To develop appropriate reporting and quality control standards and
    guidelines for the credit department plus comply with reporting
    requirements from the CEO, Head of Credit and BOU in line the credit
    policies and procedures manual.
  • Carry out credit analysis to minimize credit risk in line with the
    credit policy.
  • Development of tools to assist manage credit risk for Group Loans
  • Recommending appropriate reward systems that are performance based
  • Developing and advising on lending, credit and risk management
    strategies including pre-loan eligibility requirements, client screening,
    collateral, product design, loan approval processes, repayment terms and
    incentives, delinquency and default management.
  • He/she is responsible for the implementation of the Group Lending
    policies and procedures in the institution.
  • In-charge of monitoring and reporting of the loan portfolio quality
    of the institution.
  • The Product Manager, Group Loans is in-charge of the credit approval
    process of all Group Loans.
  • He/she is in-charge of coordinating and monitoring the collection of
    all delinquent loans in the institution.
  • In-charge of preparing and submitting to the Head of Credit, all
    Credit Reports –Group Lending to RALCO, SMT, the Board and other stake
    holders
  • The Product Manager, Group Loans is responsible for the supervision
    and coordination of all the group loan related projects in the
    institution.
  • Developing and motivating the Credit Team towards upholding the
    strategic direction of the Institution
  • Timely and accurate reporting.

Qualifications, Skills and Experience: 
  • The ideal candidate for the UGAFODE Product Manager, Group Loans job
    must possess a Bachelor’s degree in business related subject from a
    reputable University
  • Five years of experience in a Senior Management position.
  • The applicant must have worked with a financial institution and been
    involved in credit and savings operations for a period of not less than 5
    years
  • An effective leadership with ability enthuse and inspire employees
    to give their best in order to achieve goals.
  • Self-motivated team player with the ability to adopt and work
    cooperatively and effectively in different situations.
  • Excellent interpersonal skills
  • Energetic and ability to be active throughout and willingness to
    learn
  • High level of honesty, integrity and confidentiality
  • Excellent communication skills and high level of customer care
  • Willing to work long hours with minimum supervision
How to Apply:
 Interested
persons who meet the above criteria should submit their motivation letters
together with an up to date CV to our email only: recruitment@ugafode.co.ug
(please indicate the position you are applying for in the Subject Line
‘’Application for ’Product Manager, Group Loans”). Applications should be
addressed to the Head of Human Resources.
Deadline: 14th September 2018
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