19 Credit Officer Job Opportunities – UGAFODE Microfinance Limited (MDI)
Job Title: Credit Officer (19 Job Opportunities)
Organisation: UGAFODE Microfinance Limited (MDI)
Duty Station: Bombo Road, Ibanda, Ishaka, Jinja, Kagadi, Kyotera, Lira, Lyantonde, Mbale, Mbarara, Mpigi, Nakasero, Nakivale, Nansana, Ntungamo Branch, Rubaga Road, Rukungiri, Rushere and Ssembabule, Uganda
Ref: HR/STAFF/VAC – 1/9/12/21
About US:
UGAFODE Microfinance Limited (MDI) is a registered financial institution in Uganda and is adherent to the Central Bank’s regulations and guidelines and was founded in 1994 to provide quality microfinance services.
Job Summary: The Credit Officer will be responsible for preparation of customer loan applications, assessing their creditworthiness, generally managing customer relationships and loan portfolio as guided by the institution’s Credit policies and annual operating plan. Interested applicants should be willing to work in any of the following locations: Bombo Road, Ibanda, Ishaka, Jinja, Kagadi, Kyotera, Lira, Lyantonde, Mbale, Mbarara, Mpigi, Nakasero, Nakivale, Nansana, Ntungamo Branch, Rubaga Road, Rukungiri, Rushere and Ssembabule.
Key Duties and Responsibilities:
- Loan mobilization: Supports all effort at the branch level to grow assets by participating in mobilization campaigns, scheduling meetings for potential loan applicants to obtain information on loans, and answering questions about the process, available loan types, or credit options that are available including the terms and conditions governing borrowing.
- Appraising loan files: Analyses loan applicants’ financial status, credit, and property evaluations to determine the feasibility of granting loans to be submitted to the branch credit committee in compliance with the set loan standards of the institution.
- Presents & defends loan file to the branch Credit committee: responsible for presenting client’s loan files and defending them with facts, business cases and analysed information to support a credit decision to be reached by the branch credit committee (for loans below 5M) or referred to the region/ Head office (for loans above 5M).
- Loan compliance: Conducts monitoring (daily) of client’s loan performance in line with agreed terms and conditions of the loan and per set credit policy and procedures at UGAFODE to guarantee a qualitative loan portfolio for the institution.
- Reporting: Undertakes reporting (day- to day) on all client loan compliances, non-compliances, incidents arising out of bad loans, and trends in loan repayments as well as any feedback to support a qualitative portfolio.
- Loan recovery efforts: Provides the leadership regarding recoveries at the branch level by being accountable for client loan application process, analysis, and the subsequent decisions thereof. This includes monitoring of loan performance and reporting, KYC/AML procedures of the client, loan collateral, and recovery procedures that may arise out of poor loan management.
- Loan documentation: Responsible for collecting, receiving, completing, and updating all client loan files with loan information as and when needed.
Qualifications, Skills and Experience:
- “Minimum” qualification is a Diploma in Microfinance/Finance/Accounting/Business Administration/Marketing/ Education/Agriculture/ Social Development Studies and any other relevant courses. Must possess a credit in English & Maths at O – Level.
- With strong analytical & numeracy skills.
- Has business drive, excellent influencing & negotiation skills.
- Fast learner with good planning & organizing skills.
- Excellent customer service & a team player.
- A person with a high level of integrity & professional conduct.
- Knowledge of the full MS Office suite.
- Having motorcycle riding skills & a valid riding permit is an added advantage.
- Candidate age limit: 21-25 years.
- Females are encouraged to apply.
How to Apply:
All candidates should submit their application letters and updated CVs to the Head of Human Resource via our email: recruitment@ugafode.co.ug The CV should include your telephone contacts, contacts & email address of 3 referees. Your email subject line should include your name & job reference no. Only shortlisted candidates will be contacted.
Deadline: 28th December 2021
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