The Ugandan Jobline

Job Title:   Credit Risk Manager

Organization:
Hofokam Ltd

Duty Station:
Fortportal, Uganda

Reports to:
Head of Credit

About US:

Hofokam Ltd is one
of the largest Micro Finance Institutions operating in western Uganda with its
head office at Fort Portal. Its vision is to economically empower households in
Uganda

Job Summary:  To provide prudent Credit Risk Management and
decision making in the day to day operations of the Credit function in line
with the Business strategy, policies and set targets; and the UMRA Laws and
Regulation.

Key Duties and Responsibilities: 

·       Conduct regular assessment of loans in
default across the Institution through engaging in discussions with clients and
other stakeholders to facilitate the credit analysis process and in depth
understanding of the client’s business.

·       Developing and implementing policies and
procedures that help reduce the Credit risk of the Institution.

·       Undertake implementation of financial models
and Credit risk management systems that predict Credit risk exposure of the
Institution.

·       Ensure credit risk management in the credit
processes that maintains the Institution’ s exposure within set internal
parameters

·       Develop internal procedures that enhance
credit risk at all levels of the credit approval and monitoring processes.

·       Provide high-quality analyses of credit
facilities with appropriate recommendations to approving committees of the
Institution. Present credit applications to credit committees when required.

·       Provide effective monitoring of the risk
grade of credit facilities. Make recommendations to management and credit
committees regarding credit applications.

·       Identifying high risk Loan accounts and
undertakes the necessary corrective action.

·       Contribute and guide management in the
formulation of the Institution’s credit strategy. Make recommendation to
management and credit commitees regarding industry trends, their implications
and appropriate actions to take.

·       Provide leadership over the credit risk unit
ensuring effective performance management is carried out. Learning and
development and succession planning in regards to the unit are done.

·       Prepare Credit risk assessment and Loan
portfolio reporting to the Head of department

Qualifications, Skills and Experience:

·       The ideal applicant must hold a Bachelors
degree in Business related Field

·       Qualification in Credit Management

·        3-5
years working experience in active lending gained in the financial services
industry

·       Credit risk awareness: Ability to
conceptualize credit risk inherent in the Institution’s lending products and
the ability to contribute to Internal Credit assessments and Portfolio strategy
discussions.

·       Legislation: Must be familiar with
legislation and statutory requirements relating to credit approval,
administration and monitoring.

·       Conceptual and Analytical Skills: Must be
able to conceptualize issues and analyze credit proposals to great detail to
understand underlying issues.

·       Technology Skills: Computer literate with
proficiency in MS office and graphic applications, data analysis and
presentation.

·       Financial Analysis Knowledge: Ability to
comprehend and analyze financial statements in regards to credit risk.

·       Knowledge of Business Environment: Must
understand local and global dynamics of the business environments facing
customers, Hofokam and other stakeholders.

·       Performance Oriented

·       Personal Ethics and Integrity

·       Decisive and Independent

·       Interpersonal Skills

·       Negotiation Skills

·       High level of commitment

·       Good time Management skills

·       Excellent report writing skills

·       Problem solving skills (hypothesis driven
thinking, analytical, quantitative , conceptual skills)

·       Strong sense of team work

·       Good Communication Skills both Oral and
Written

·       Proactive Initiator

·       Attention to detail

·       People Management and Relationship Skills

·       Good Knowledge of Lending policies and
procedures

·       Creative / innovative, and flexible

·       Exposure to Credit risk modeling

·       Computer Literate

How to Apply:

Application letter
and CV only should be emailed to management@hofokam.co.ug    Attachments
must be in one PDF document and not exceeding 5MB size. Only Shortlisted
candidates will be contacted.

Deadline: 22^nd July 2020

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