Project Officer Job Opportunities – Uganda Development Bank Ltd
Organisation: Uganda Development Bank Ltd
Duty Station: Kampala, Uganda
Reports To: Project Supervisor
Scale: UDBL 06
About US:
Uganda Development Bank (UDB) is a Development Finance Institution (DFI) focused on accelerating socio-economic development through sustainable financial interventions in line with the country’s development priorities.
Job Summary: The Project Officer supports implementation of the bank’s funded projects/programs and ensures customers’ compliance to the post disbursement covenants. He/she will provide advice to both management and clients on any identified shortfalls and potential risks as well as propose possible mitigants.
The project Officer is accountable for ensuring that all customer projects financed by UDB are implemented within the agreed cost, time schedules and scope; that they meet the technical expectations, any deviations to which are proactively identified and remedied; and that all project implementation covenants, conditions precedent and milestones are adhered to.
Key Duties and Responsibilities:
- Establishing facts, or proceedings relating to project/program implementation in accordance with the project plans.
- Escalating any project deviations so that proactive measures are taken to remedy these deviations
- Participating in the review of operational results and financial performance of assigned projects at the post-implementation stage as compared with: the prognosis of the operational performance which was the basis of the investment and the actual operational performance of the industry in which the project operates.
- Identify potential problems which could lead to deviations from the project plans and propose to management appropriate solutions to these problems so as to ensure the objectives of the projects are achieved.
- Monitor project implementation covenants for all projects in his/her portfolio.
- Conduct periodic visits to projects in his/her assigned portfolio to obtain up-to-date information on operations, management and implementation of projects, ensure ongoing compliance to various standards such as environmental, legislation, legal contracts, taxes, etc.
- Prepare reports to monitor performance of clients
- Prepare progress reports, assessing performance of projects and timely recommendation of appropriate action to deal with problematic projects
Qualifications, Skills and Experience:
- A numerate degree with accounting, finance or engineering
- Possession of professional qualification like CFA, ACCA and CPA OR certification in Project Planning & Management will be an added advantage.
- At least 3 years related experience in credit analysis and loan documentation and processing in a banking institution
- Previous project supervision experience highly desirable.
- Strong oral and written communication skills
- Good analytical skills
- Ability to maintain the confidentiality of credit and customer information
- Superior Planning and Organizing skills, and/or Project Management skills
- Good interpersonal skills and team orientation
How to Apply:
All Interested candidates should send or deliver their applications and academic documents which shall include an up-to-date curriculum vitae, certified copies of academic documents and contact addresses of 3 references to the Director Strategy & Corporate Affairs, 1st Floor Wing B, Rwenzori
Towers, Plot 6 Nakasero Road.
Deadline: 12th February 2020 at 5:00pm.