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Job Title:    Credit Manager – Corporate (2
Job Placements)

Organization:  DFCU Bank

Duty Station:  Kampala,
Uganda

Reports to: Senior
Manager- Credit Approval

 

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 Senior Manager- Credit
Approval, the Credit Manager – Corporate will evaluate and approve corporate
applications within delegated approval authority, as well as recommend for
approval to a higher sanctioning authority for deals that are outside their
discretion.

 

To ensure profitable
and well-structured proposals for large corporates are booked to achieve the
targeted business growth but minimize credit losses by lending within bank risk
appetite and regulatory guidelines.

 

Key Duties and Responsibilities:  

·       
Review
and sanction all proposals (new & existing) within personal discretion in
adherence with dfcu’ s internal credit policies, Risk Management Control
Document and other required regulations including BOU, FIA, and funders.

·       
Assessment
and recommendation of files outside their discretion to the higher sanctioning
authority including the Senior Manager Credit Approval, Head Credit Approval
and Special Assets Management, Internal Credit Committee, and the Board Risk
Credit Committee in a bid to achieve bank’s disbursement targets of quality
deals.

·       
Analyse
current credit data, financial statements of corporate/ large individual &
Business Banking borrowers to determine the degree of risk involved in
extending credit; and also determine expected profitability of loans, as well
as preparing reports justifying the decision made.

·       
Organise
the maintenance and updating of bank credit policies and procedures bi-annually
in accordance with bank/ industry trends, evolving regulations, and legal
requirements as well as their implementation to ensure compliance.

·       
Provide
support in structuring proposals to minimise risk and ensure full repayment.
Timely response on sanctioning of deals and excesses within agreed Service
Level Agreements (SLA).

·       
Train
and coach the Business Analysts as well as Relationship Managers in credit
assessment/ analysis, deal structure, policies, and procedures. Conduct road
shows on credit underwriting criteria for staff in the Credit value chain to
uphold quality of deals booked.

·       
Responsibility
for personal adherence to governance, compliance and lending portfolio controls
thus ensuring own conformance to policy and procedures within the Credit
Function, including proactive management of agreed responsibilities for Data
Integrity.

·       
Review
and adherence to service level agreement between sales and credit annually in
order to maintain service delivery in line with/ ahead of competition.

·       
Monitor
the overall quality of the Corporate/Business Banking portfolio, through
participation in governance meetings.

 

Qualifications, Skills and Experience:

·       
The
applicant for the DFCU Bank Credit Manager – Corporate job must hold
a Bachelor’s degree with bias in any of the following areas: Finance,
Banking, Economics, Business Administration and a Master’s degree or similar
qualification in these fields.

·       
Additional
training/professional qualification in Business, Investment and project
appraisal, Risk management, financial analysis, and Credit certification.

·       
Minimum
of 5 years’ experience in a business or banking/financial services environment
with at least 3 in Credit risk management /sanctioning.

·       
Analytical
and problem-solving skills.

·       
Good
communication skills (both oral and written) to allow for effective teamwork
and interaction with all levels of staff.

·       
Computer
knowledge (Microsoft desktop products).

·       
Basic
legal skills.

·       
Managerial
and team building skills.

·       
Ability
to work without supervision, driven enough to achieve set targets.

·       
Understating
of SMEs and Corporates and the general business environment.

·       
Thorough
understanding of dfcu Credit Policy, FIA and BOU guidelines on asset quality.

·       
Knowledge
and understanding of dfcu products offering.

·       
Awareness
of current economic/market trends.

 

How to Apply:

All suitably
qualified and interested candidates are encouraged to
send applications with detailed CV’s including present
position and copies of relevant professional/academic certificates (University
Transcript, O and A level) to the email address indicated below;
Vacanciesbank@dfcugroup.com

 

Deadline: 26^th October 2020

 

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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