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Credit Department,Uganda.Collections And Recoveries Manager

Full-time Uganda, UG
Posted 1 week, 6 days ago 72 views 0 applications

Job Description

KEY RESPONSIBILITIES

  • Manage loans where credit exposure is at risk and qualified as Early Alert, Watch, Substandard, Doubtful and loss with the goal to minimize credit losses, maximize recoveries, operate within agreed targets
  • Control specific provisions within budget and ensure adequate levels of provisioning on all accounts in accordance with the laid down credit policies
  • Visit clients/Centers/Branches, independently or with Ms/Manager as part of the evaluation for better understanding of the distressed clients’ businesses
  • Prepare reports on credit classification, provision, write offs, suspension of interest, provisions, write-backs on a periodic basis in accordance with Bank of Uganda regulations, bank policies and regulations pertaining to remedial and special assets
  • Review on a periodic basis, a sample of credit decisions made by credit authority holders within the unit.
  • Attend to Audit requirements and provide responses to audit remarks/ensure rectification thereof in respect of Credit Support Unit.
  • Monitor compliance with TAT, other service level agreements
  • Support creation of New Policy and Manuals, continuously streamline and update existing Credit Policies and Manual
  • Formulation of exposure/recovery strategies, action plans and supervising implementation for expedited closure while managing recovery costs within budgets.
  • Provide support to the business unit in the management of non-performing debts.
  • Prepare Board(s) in line with your docket.

MINIMUM POSITION QUALIFICATION REQUIREMENTS

  1. Academic & Professional
Particulars Detail Specific Field or Qualification Need Tove4
Education Bachelor's Degree Bachelor of Business Administration/Bachelor of Commerce RO
Professional Qualifications AA
Master's Degree MBA AA

Notes: Need Types are: RQ = Required, AA = Advantageous

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