Credit Manager – Personal and Business Banking Job Placement – DFCU Bank
Job Title: Credit Manager – Personal and Business Banking
Organization: DFCU Bank
Duty Station: Kampala, Uganda
Reports to: Senior Manager Credit Approval
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 Credit Manager – Personal and Business Banking will analyze, assess and decide Personal and Business Banking submissions whilst exercising a Delegated Approval Authority or recommend to higher authority those outside its limit, and ensuring the credit risk accepted by the bank is of an appropriate standard and structure, whilst fostering a customer service environment where departmental objectives are maintained to achieve business growth.
Key Duties and Responsibilities:
- Review and sanction all proposals (new and existing) presented within personal discretion (< USD 50,000) in adherence with dfcu’s internal credit policies, Risk Management Control Document (RMCD) and other required regulations including BoU, FIA and funders.
- Assessment and recommendation of files outside holders discretion to senior credit manager and manager credit approval team, or head of credit all in a bid to achieve the banks disbursement targets of quality deals.
- Exercise judgment and discretion in the evaluation and approval/recommendation and decline of higher risk classification credit proposals to manage portfolio quality and income growth.
- Provide feeds into business and credit policy to make a robust credit policy tool.
- Provide support in structuring proposals to minimise risk and ensure full repayment. Timely response on sanctioning of deals and excesses within agreed Service Level Agreements (SLA.
- Train and coach the Business Analysts as well as Relationship Managers in credit assessment/ analysis, deal structure, policies and procedures. Conduct road shows on credit underwriting criteria for staff in the Credit value chain to uphold quality of deals booked
- Monitor the overall quality of the PB/BB portfolio, through participation in governance meetings.
- Collate and conduct road shows on sector specific information in order to aid assessment of clients in these sectors i.e. Education, Oil and Gas, and Financial Services.
- Responsibility for personal adherence to governance, compliance and lending portfolio controls to ensure compliance to both internal and external regulations.
- Grow the bank’s Credit Culture and awareness both in Credit and Business.
- Review and adherence to service level agreements between PB and BB annually to ensure customer get timely feedback on applications.
- Review and maintain business continuity through Close partnership with other Senior Credit Managers to ensure sufficient cover while away to ensure business continuity.
Financial Responsibility:
- Personal lending authority of limit of USD 50,000
- PB and BB disbursement target as per the annual budgets
- 100% compliance with dfcu’s internal credit policies, FIA, BOU guidelines for all deals disbursed [exceptions fully mitigated]
- Turn-around-time and first-time-right processing of applications
- Non-Performing Assets ratio < 4.5%
- Portfolio at Risk < 15%
Qualifications, Skills and Experience:
- The applicant for the DFCU Bank Credit Manager – Personal and Business Banking job placement must hold a Bachelor’s degree with a bias in any of the following areas: Finance, Banking, Economics, Business Administration or similar degree in these fields.
- Additional training/professional qualification in Business, Investment and project appraisal, Risk management, financial analysis.
- Credit certification.
- Five years of experience in a business or banking/financial services environment with at least 2 in Credit risk management /sanctioning.
- Thorough understanding of dfcu credit policy, FIA and BoU guidelines on asset quality.
- Analytical and problem solving skills.
- Good communication skills (both oral and written) to allow for effective teamwork and interact with all levels of staff.
- Computer knowledge (Microsoft desktop products.
- Basic legal skills.
- Managerial and team building skills
- Ability to work without supervision, driven enough to achieve set targets.
- Knowledge on Personal Banking and Business Banking clients’ behaviour.
- Awareness of business issues and current economic/market trends.
How to Apply:
All candidates who so wish to join the banking sector in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates (University Transcript, O & A level) to: Vacanciesbank@dfcugroup.com
Deadline: 25th September 2018
NB: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.
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