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Job Title:   Senior Officer – SAM

Organisation: DFCU
Bank

Duty Station: Kampala, Uganda

Reports to: Senior
Manager – SAM

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 Senior Officer – SAM will proactively
manage the Business Banking non-performing and written off portfolio to
maximise collections & recoveries and rehabilitate Watch accounts showing
signs of deteriorating trends to turn their performance around and to ensure
full compliance with internal and statutory regulations and guidelines on asset
quality to minimize losses to and maximise revenue for the Bank.

Key Duties and Responsibilities:  

·       
Manage
net credit losses (PAR; NPA ratios; Provisions and IIS) within agreed budget.

·       
Prepare
and execute personal activity work plans to achieve budget bad debt/written off
account recoveries while ensuring full compliance with BOU regulations and
guidelines on asset classification and provisioning; and the Bank’s internal
credit policy and procedures.

·       
Manage
and monitor external debt collection agencies performance to ensure adherence
to guidelines, SLAs and to maximise productivity.

·       
Review
the Bank’s portfolio with Commercial RMs providing advice & guidance on
“watch” accounts to ensure adequate monitoring and early identification of
customers facing difficulties, deteriorating trends & root causes;
addressing them at source to prevent recurrence and turnaround NPAs.

·       
Regularly
review the quality of the credit portfolio and ensure that it is soundly, and
conservatively valued and uncollectible exposures written off and probable
losses adequately provided for in line with BOU guidelines

·       
Propose,
review restructures before submission to Senior Manager-SAM, for approval, to
ensure that they make business sense and that the appropriate & adequate
risk reward is achieved.

·       
Negotiations
with customers, sometimes in conjunction with Head Special Asset Management,
Head of Credit Approval & SAMs, Relationship Managers, regarding settlement
agreements and implementation of collections strategy.

·       
Establish
& maintain liaison with other departments of the Bank, other banks and 3rd
party collection agencies e.g. lawyers, bailiffs & solicitors, to ensure
good communications and the prompt and efficient passage of information.

·       
Refer
matters to Legal in a timely manner when turnaround of a nonperforming account
is not possible and ensure foreclosure and/or recovery actions are done in the
most cost effective manner and within set procedures to minimize losses &
negative publicity (reputational risk).

·       
Provide
timely, relevant & accurate assessment of collection/recovery results
against projected goals to the Senior Manager-SAM, Head of Credit Approval
& SAMs & heads of business streams.

Qualifications, Skills and Experience:

·       
The applicant
for the DFCU Bank Senior Officer – SAM job must hold a Bachelor’s degree in
Economics, Statistics, Commerce, Business Administration or equivalent

·       
Three years’
experience in a Financial Institution with at least 2 years’ experience in
credit structuring, credit administration and debt recovery.

·       
Financial
analysis skills.

·       
Awareness
of current economic events and commercial banking best practices.

·       
Thorough
understanding of internal Credit policies.

·       
Thorough
knowledge of FIA/IFRS guidelines & regulations on asset quality.

·       
Good
knowledge of the national legal system/framework with emphasis on the Mortgage
Act.

·       
Awareness
of the Consumer Protection guidelines.

·       
High
degree of attention to detail.

·       
Self-driven,
results oriented and ability to work under minimum supervision.

·       
Possess
very good interpersonal, written and oral communication skills – good customer
service but firm.

·       
Possess
very good negotiation skills with a commercial focus.

·       
Decision
making skills

·       
High
proficiency in the use of Microsoft Office applications e.g. Word, Excel,
PowerPoint

·       
Ability
to exercise the highest level of responsibility and confidentiality.

How to Apply:

All suitably
qualified and interested candidates are encouraged to send applications with detailed
CV’s including present position and copies of relevant
professional/academic certificates (University Transcript, O & A level) to
the email address indicated below; Vacanciesbank@dfcugroup.com

Deadline: 13^th March 2020

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