Fresher Debt Collection Officer Job Careers – Pride Microfinance Limited (MDI)
Job Title: Debt Collection Officer
Organization: Pride Microfinance Limited (MDI) (Pride)
Duty Station: Kampala, Uganda
About US:
Pride Microfinance Limited (MDI) (Pride) is the leading Microfinance Deposit Taking Institution in Uganda with 34 networked branches and eight contact offices countrywide, an equal opportunity employer, regulated by Bank of Uganda under the MDI Act, 2003.
Job Summary: The Debt Collection Officer will be tasked with the recovery of bad/written off loans extended in accordance with Pride’s policies and procedures and the laws of Uganda.
Key Duties and Responsibilities:
Recovery of bad/written off loans.
- Survey and investigate clients’ files for cases of defaulting.
- Visit defaulting clients.
- Delivering of recall letters and ensuring follow up.
- Prepare and deliver demand letters to defaulters and follow up on payments.
- Prepare and submit weekly and monthly progress reports.
- Train staff on debt recovery skills.
Liaise with law enforcement on recovery.
- Peruse clients’ files to establish type and location of security.
- Visit locations to establish the availability of property for attachment.
- Contact law enforcement for purposes of attachment.
- Place and distribute notices of sale.
- Identify the highest bidder and negotiate terms for the sale of attached assets.
- Arrange with the respective branch for consent to sale and requisition of the sale agreement.
Facilitate the prosecution of loan defaulters.
- Investigate cases of defaulting.
- Gather information on clients from the Credit Department.
- Report matters of criminal nature to the police.
- Organise potential witnesses to make statements.
Key Performance Indicators:
- Percentage of recovery of bad/written off loans.
- Percentage of staff trained in loan recovery.
- Timely and accurate production and delivery of recall letters and monthly updates and follow up.
- Successful sale of securities.
Qualifications, Skills and Experience:
- The ideal candidate for the Pride Debt Collection Officer job placement should preferably hold a Diploma in law. (Lawyers are advised not to apply)
- At least one year experience in debt collection or law enforcement.
- Knowledge of Laws of Uganda
- Communication skills
- Business acumen
- People management
- Result oriented
- Good reporting skills
- Excellent interpersonal skills
- Ability to meet deadlines.
How to Apply:
All suitably qualified and interested candidates are encouraged to apply online by following the procedure;
- Click Here
- Create an Account
- Fill in your personal information and upload your Curriculum Vitae (CV), including all your scanned academic credentials, 3 letters of recommendation from each of the referees and a passport photo.
- Submit online i.e. no hardcopy deliveries will be accepted
Deadline: 16th March 2019
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