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Dfcu Bank Jobs – Manager, Credit Operations Unit
Job Title: Manager, Credit Operations Unit
Organization: Dfcu Bank
Duty Station: Kampala,
Uganda
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.
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:
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:
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.
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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