Product Manager- Business Loans Job Placement – FINCA Uganda
Job Title: Product Manager- Business Loans
Organization: FINCA Uganda
Duty Station: Kampala, Uganda
About US:
FINCA Uganda is a subsidiary of FINCA Impact Finance and part of a network of 21 microfinance institutions and banks that provide socially responsible financial services that enable low-income individuals and communities to invest in the future. FINCA Uganda currently offers loans, savings and money transfer services in Uganda, one of the most competitive and dynamic microfinance markets in the world.
Job Summary: The Product Manager – Business Loans is responsible for all Business Lending Credit activities within FINCA Uganda. This responsibility includes achieving all client, portfolio and PA.R targets while working directly with Regional Managers, Branch Managers, Credit Supervisors and Loan Officers allocated to the product and supporting the Credit Manager and the Regional Manager in the implementation of the products in compliance with the policies and procedures .
Key Duties and Responsibilities:
- Developing, designing, and reviewing the Credit Analysis and Risk Management processes and tools.
- Training guiding and mentoring Credit Supervisors in line with FINCA Uganda lending policies and procedures and also work with Compliance to identify all aspects of non-compliance within the policies and procedures in the implementation of the products.
- Designing, innovating and ensuring quality delivery of business lending product lines and initiating implementation strategies and action plans for growth
- Executing Credit Committee processes in accordance to policies and procedures, reviewing appraising and approving loans above branch approval limits.
- In conjunction with the Legal Officer, preparing and drafting instructions for all delinquent client files to be sent to the external Lawyers and Auctioneers for litigation and closely following up on these cases including executions of warrant of arrests and attachment of collateral.
- Making periodical review of FINCA Uganda’s credit processes and making recommendations to Management for the purposes of correcting any inadequacies.
- Setting up, supervising and coordinating the work of soft collections for the product to ensure quality loan portfolio at all times.
- Effectively organizing and attending regular head office based delinquency meetings and ensuring that all branches regularly hold the weekly and monthly delinquency meetings
- Conducting supervision visits to all branches and reviewing the lending process to ascertain level of compliance to policies and procedures, existence of the clients, businesses to which the loans have been disbursed, verifying the quality of collateral pledged and reviewing the loan field analysis conducted by the loan officer.
- Supporting the Credit Manager and Operations team in delivering superior customer experience across all FINCA service delivery channels.
Qualifications, Skills and Experience:
- The ideal applicant must hold a Bachelor’s Degree in Commerce, Accounting and Business Administration or an equivalent.
- At least two year’s work experience as a Branch Manager or one year in a similar role within a Financial/Banking sector.
- An Accounting professional qualification and an MBA is an added advantage
- Excellent communication and presentations skills.
- High level of numeracy, analytical and statistical skills,
- Strong organizational skills and ability to work on own initiative.
- Good business acumen, knowledge of the market and ability to align work with strategic goals.
- Must have integrity, ability to inspire the trust of others
How to Apply:
All candidates who so wish to take up this role in the aforementioned capacity are encouraged to send their applications with detailed CVS including present position and copies of relevant professional/academic certificates to ugJobs@fincaug.org
Deadline: 31st January 2020