Dfcu Bank Jobs – Manager, Credit Operations Unit

Organization: Dfcu Bank
Duty Station: Kampala,
Uganda
Job ID: 215
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.
Key Duties and Responsibilities:
  • Continuously 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.
  • 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 the Bank’s 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 13
    people by coaching, training and mentoring for effective business
    continuity and succession plans.
  • Ensure reconciliation of the legal fees,
    Guarantees and Insurance accounts is done on a monthly basis to avoid
    fraud and loss to Dfcu Bank.
  • 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 and perform frequent quality and
    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 applicant should ideally hold a good
    University degree in the areas of Economics, Finance or Business
    Administration or related discpline.
  • At least three years’ management
    experience in the area of Credit Operations.
  • Strong leadership style and excellent
    managerial, interpersonal and organizational skills.
  • Excellent problem solving, decision making
    skills and results oriented.
  • Experience in (credit operations) process
    redesign and implementation.
  • Excellent communication skills, written
    and verbal skills.
  • In-depth knowledge of all bank products
    including leasing, trade finance, term finance.
  • Regulatory compliance – Credit Policy,
    IFRS, FIA, CRB, AML and KYC.
  • Ability to motivate and train staff,
    including organizing, prioritizing and scheduling work assignments
How to Apply:
All suitably qualified candidates should send their
applications by clicking on this link. 
Please include the following in your application; an updated CV /
resume should include your contact information and three work related
references and a one page statement describing your suitability for the role
should be included.
Deadline: 31st March 2014.
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