2 Loan Supervisor Job Opportunities – Hofokam Ltd
Job Title: Loan Supervisor (2 Job Vacancies)
Organisation: Hofokam Ltd
Duty Station: Branch Offices, Uganda
Reports to: Branch Head
Positions Supervised: Loan Officers
About US:
Hofokam Ltd is one of the largest Micro Finance Institutions operating in western Uganda with its head office at Fort Portal. Its vision is to be the preferred partner of vibrant and economically empowered households in Uganda. Hofokam’s mission is to provide quality and competitive financial services to households to enable them realise their goals. As an equal opportunity employer, we invite qualified candidates to apply for the job being advertised below:
The potential candidate must have served in a very busy and recognised Microfinance Institution with experience of not less than 5 Years in credit management.
Job Summary: The Loan Supervisor will supervise the credit operations of the branch, assist the branch head in general administration of the branch and to ensure appropriate appraisal, screening of loans, disbursement, recovery and follow up the loans through daily and periodical monitoring.
Key Duties and Responsibilities Outputs Expected
The Loan Supervisor will ensure that:
- Growth in portfolio volume and quality as per Hofokam growth objectives achieved.
- Loan portfolio quality above 30 days at less than 3 % per month maintained.
- Compliance with all Hofokam operational policies and procedures by staff under supervision.
- High loan processing speed and quick feedback to customers, accuracy and good customer care observed
- Organized loan filing system, and safety of securities observed and the securities Register updated all the time.
- Average case load of 450 million Ug. Shillings per loan officer achieved.
- Wider area outreach achieved and more clients mobilized.
- Finance literacy awareness to clients and staff improved.
- Kiva fundraising requirements met by all Loan officers
- Staff trained in the entire Loan credit management cycle
- Staff Performance appraisals initiated quarterly and follow up done on time.
- Staff motivation, support supervision, monitoring and discipline management as per the HR Policy done.
Key Result Areas
- Mobilize and sensitize potential clients in order to increase clients and realize Hofokam growth plans as per the annual operating plan in line with Loan Manual.
- Inspect, appraise and assess the credit risk of individual and group clients in order to establish their repayment capacity and make recommendations to the Branch Head in line with Hofokam credit manual.
- By use of a check list, review and assess all new applications for loans & recurrent credits, assess completeness of loan documentation, and any other necessary conditions before forwarding them to the Branch Loan Committee and Head Office committee for approval.
- Train, guide, mentor and appraise Loan Officers, Administrative Assistants both newly appointed and existing one in order to ensure that they are knowledgeable and competent in carrying out their duties according to Hofokam operating policies.
- Initiate the process of staff appraisal by tasking the officers to fill the staff appraisal forms for the appraisal process to proceed.
- Spear head the Loan Recovery and review the performance of all loans approved by the Branch & Head Office Loan Committee, make follow-ups on all those that are not performing and take remedial action according to the Hofokam loan manual.
- Give maximum attention to Kiva fundraising requirements and ensure all loans files that fall with kiva domain are examined to ensure Kiva fundraising requirements are complied with.
- Conduct and chair loan recovery committee meetings weekly, review and identify problematic loans that require services of court auctioneer/taking legal action and provide recommendations to Hofokam management for further action.
- Compile, submit and monitor the progress of loan recoveries handed over to the court auctioneers and provide monthly progress reports to the Branch Head as per Hofokam delinquency management and reporting guidelines.
- Report any suspected fraud and embezzlement of funds by staff to Branch Head and the Managing Director as soon as it is detected.
- Carry out regular communication meetings with staff under your jurisdiction with an aim of understanding their problems at work and update the branch head, departmental head, Head of Human Resources and the Managing Director if the issues raised require top management interventions.
Qualifications, Skills and Experience:
Personal specifications:
- The position of a Loan Supervisor is a senior position which requires a staff with hands on experience of not less than 4 years in credit management
- A minimum of a first degree in Commerce, Bachelor of Business Administration, B(Stat), BA (Dev. Stud), B(Educ), BA(SS), Bachelor Degree in Agriculture or the equivalent.
- Age: The applicant should be between 30 to 40 years.
Personal attributes /competencies:
- Well versed with credit management policies and procedures.
- Personal Integrity.
- ICT skills in Microsoft word, excel, and power point
- Interpersonal Relationship skills.
- Ability to work under pressure, incorruptible, honesty, dependable trust worthy and a person of high integrity.
- Ability to ride motorcycle and possession of the valid driving/riding permit as per the Republic of Uganda’s traffic Laws
Salary: The salary to be paid is negotiable but attractive and commensurate with the qualification, skills and experience.
How to Apply:
All candidates should send an application letter, CV and academic papers should be emailed to hr@hofokam.co.ug or hand delivered to the Head of Human Resources at Hofokam Limited Head Office in Fort Portal, during working hours at Plot 21 Lugard Road not later than 05th March 2021. Attachments MUST be in one PDF document and not exceeding 5MB size. Only Shortlisted candidates will be contacted. If you do not hear from us by 12th March 2021, consider your application unsuccessful.
The Head of Human Resources
HOFOKAM LTD
P.O BOX 228 FORTPORTAL
Deadline: 5th March 2021
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