3 Collection Officer Entry Level Job Opportunities – Real People Uganda

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Organisation: Real People Uganda
Duty Station: Kampala, Uganda
Reports to: Operations Support Manager
About US:
Real People Uganda is a financial services provider for businesses and
homes within the East African region. The company focuses on providing
responsible finance solutions to individuals through the Business Finance Loan,
Asset Finance Loans and Construction Loads and Home Improvement Loans. Real
People Uganda collaborates with reputable building retailers, providing finance
in-store at the point of sale with the assistance of knowledgeable consultants
who understand the needs of its customers.
Key Duties and Responsibilities: 
·        
Regularly
review non-performing classes of outstanding loans and initiates
plans/strategies for recovery of those loans.
·        
Makes
recommendations to management about the likelihood of recovering loans and
whether legal action will be required.
·        
Responsible
for maximizing recoveries from written off accounts and making daily reports
about the same.
·        
In
charge of locating, identifying, seeking contact with defaulters and reminds
them of their obligations towards Real People and/or discusses with them how to
serve the outstanding loan. This shall involve a re-analysis of the defaulters’
financial status followed by a comprehensive agreement with the customer on a
rescheduled repayment plan.
·        
Identifies
old loans previously handed over to lawyers and contacts lawyers so as to
ascertain the current position of these cases.
·        
Work
closely with the Legal Officer, follows up legal cases and tables his/her
recommendations to management.
·        
Compiles
all required periodic Loan recovery reports for all Branches.
·        
Ensure
strict and continuous follow-up of his/her outstanding portfolio by checking
the daily up-dated arrears list.
·        
Ensure
that records of all loans paid off are properly filed and securities are
delivered to legitimate owners.
·        
Actively
coordinate debt recovery meetings with Operations Managers and external
collection firms and copies of minutes to management
·        
Expeditiously
follow up with external collectors to ensure that impounded/recovered monies/
items is not misused by debt collectors.
·        
Present
non performing cases to the Credit Committee to be re allocated to active
collection firms.
·        
Assist/guide
branches on loan recovery procedures to protect company from legal suits
·        
Coordinate
with lawyers in court cases/claims against the company by clients
·        
Develop
relationships with the police, local administration and other government
agencies necessary to aid collection.
·        
Manage
the disposal of recovered assets
·        
Conduct
training, coaching and mentoring of new Relationship Officers in Loan
Collection strategies.
Qualifications, Skills and
Experience: 
·        
The
ideal candidate should preferably hold a Bachelor’s degree in related field
preferably in micro-finance
·        
Two
years’ experience in debt recovery within a financial institution
How to Apply: 
All suitably qualified candidates should visit the web link below and
create a profile on the NFT Consult website by entering their e-mail addresses.
Please visit web link below and click Apply now if convinced you have the job
requirements. The applications/CVs should be prepared in English and submitted
in either MS Word or PDF format will be considered.
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