Credit Department,Uganda.Credit Monitoring & Control Manager

Responsibilities

• Monitor and control PAR (Pre 90 days delinquency) the banks credit portfolio to ensure asset book quality is maintained and improved.
• Develop, recommend, and implement strategies to upgrade accounts under watch category to normal as per Bank of Uganda regulations and credit policy.
• Review and prepare reports on degenerating accounts for early alert warning purposes.
• Monitor Scheme borrowers for missing monthly installments and compile reports for follow-ups with districts/employers.
• Monitor covenants to ensure adherence and no defaults or violations are registered.
• Check expiring financial statements, valuations, and insurance policies monthly and sensitize branches for renewal.
• Carry out independent checks to ensure accurate loan disbursement information.
• Generate early alert/watch accounts, arrange meetings, and track closure of agreed actions.
• Provide timely support and guidance to the credit department to close all compliance lapses.
• Provide leadership in branch portfolio supervision, field visits, and snap checks for compliance with credit policies and procedures.

Daily Responsibilities

• Day-to-day running of portfolio monitoring reports.
• Random call-over of past day disbursements to check compliance with terms and conditions.
• Review consumer banking loans per vote code and follow up with branches with missing installments.
• Review the status of expected payments on loans and advise branches on accounts requiring immediate funding.
• Review accounts for early warning signs.

Skills and Experience

• Minimum of 3 years relevant experience, with at least 1 year in credit risk management domain.
• Good understanding of credit risk management principles.
• Numerical skills.
• Clear communication skills, both verbally and in writing.
• Takes accountability and focuses on delivery of departmental goals.
• Team player.
• Excellent customer experience.
• Impeccable integrity.
• Analytical skills.
• Report writing skills.
• Planning skills.

Education and Training

• Business degree in Risk, Finance, Commerce, Business Administration, Economics, Statistics, Management, or relevant field.
• Relevant practical training in credit risk in the financial service sector.
• Practical and sufficient knowledge of basic core banking system.