Manager – Credit Operations Unit Job Placement – DFCU Bank

Organisation: DFCU Bank
Duty Station: Kampala, Uganda
Reports to: Head of Credit
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: The Manager – Credit Operations Unit will
primarily oversee all activities related to credit administration, credit
documentation, credit securities and loan disbursement in the bank including
client insurance, lease portfolio administration, monitoring and control so as
to grow the asset book through effective and efficient post approval
activities. The jobholder will also ensure that the credit activities are in
compliance with the Bank’s policies, procedures and with Bank of Uganda’s legal
and regulatory requirements to minimize losses and Central Bank penalties to
the Bank. The incumbent will manage the activities under credit documentation
like security perfection, drafting of the Credit legal documents and reviewing
of the credit documents prior to disbursement.
Key Duties and Responsibilities: 
  • Constantly drive service quality measures and
    benchmarks within Credit Operations by developing and stepping up seamless
    process flows and controls, enhance automation to ensure smooth running of
    Credit Operations to meet company objectives and values; and minimize losses
    and reputational issues.
  • Authorize draw down of sanctioned facilities
    ensuring that all credits are in compliance with conditions precedent like
    insurance placed, payment of fees, security perfection so as to manage
    risk and minimize losses.
  • Regularly report on all exceptions on
    non-compliance with standard controls; risks and losses to senior
    management to ensure remedial measures are taken immediately and recoveries
    done to minimize losses.
  • Ensure that collateral being held as security
    is perfected and enforceable in case of default relative to the borrower’s
    current circumstances so as to mitigate risk. Ensure adequate credit
    securities management.
  • Approve release of securities for paid off
    loans so as to mitigate any risks of fraud and losses.
  • Organize, develop and manage a team of 12
    people by coaching, training and mentoring for effective business
    continuity and succession plans.
  • Ensure reconciliation of the legal fees,
    Guarantees, Cash Collateral fees and Insurance accounts is done on a
    monthly basis to avoid fraud and loss to the Bank.
  • The incumbent will also ensure realization of
    targets set in Service Level Agreements with internal stakeholders and
    external preferred service providers.
  • Improve quality of processing and reduce
    costs per transaction.
  • Enhance, perform frequent quality, process
    controls and reports.
  • Manage and monitor service level agreements
    with internal and external stake holders based on quality and turn-around
    time.
  • Ensure adequate administering and controlling
    of all aspects of IFRS, FIA, CRB, KYC and AML related to credit operations
    activities.
Qualifications, Skills and Experience: 
  • The ideal candidate should have at least
    three years’ management experience in the area of Credit Operations.
  • Strong leadership style, excellent
    managerial, interpersonal and organizational skills.
  • Excellent problem solving, decision making
    skills and results oriented.
  • Previous exposure and experience in (credit
    operations) process redesign and implementation.
  • Excellent communication skills, written and
    verbal skills.
  • Working knowledge of regulatory compliance –
    Credit Policy, IFRS, FIA, CRB, AML and KYC.
  • Demonstrated ability to motivate and train
    staff, including organizing, prioritizing and scheduling work assignments.
.
How to Apply:
All
candidates who so wish to join the banking sector in the aforementioned
capacity are encouraged to send their applications with detailed CVs including
present position and copies of relevant professional/academic certificates to:
Vacanciesbank@dfcugroup.com
Deadline: 7th March, 2016
NB: Therefore, if you do not hear from us by 22nd
March 2016, consider your application unsuccessful
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