Credit Officer Legitimate Investments Ltd

Company: Legitimate Investments Ltd.

Duty Station: Mukono Municipality

About US:
Legitimate Investments Ltd. is a Tier 4 Microfinance Institution licensed, regulated and supervised by Uganda Microfinance Regulatory Authority(UMRA)

Job Summary:
The credit Officer should be; An innovative, intelligent, creative, self-driven and hardworking individual. He will be required to; Appraise, disburse, recover and market our loans.

Duties and Responsibilities:
• Ensure that credit worthiness of loans applicants is thoroughly evaluated before advancing the loan.
• Strict compliance with all collections Standard Operating Procedures(SOPs) and follow up effectively with clients whose loan payments are getting due so that their loans do not get into arrears
• Performs all loan collection activities early enough to prevent the loan.
• Organize daily arrears meeting.
• Monitor, maintain and update loan files as and when required
• Ensure that collateral securities are thoroughly examined and analyzed before approving the loans.
• Handle customer complaints and take appropriate actions to resolve them and forward those above him to the Management.
• Ensures that credit business is conducted in compliance with the law and the company policy.
• Negotiate payment arrangements with borrowers who have delinquent loans and arrange for liquidation of delinquent collateral properties whose owners are non-committal.
• Conduct market research to analyze and identify potential loan markets and new business opportunities and develop referrals networks in order to locate prospects for loans.
• Design questionnaires and analyses customer feedback data to determine whether customers are satisfied with company products and services.
• write reports and take up any other duty as may be assigned.

Qualifications, Skills and Experience:
The ideal applicant for the Legitimate Investments Limited Credit Officer Position must have:
• Minimum of 2 years’ experience as a loan officer with a reputable financial institution.
• In-depth knowledge of computers especially MS Office applications such as words, excel, Power point, etc.
• At least a Diploma in any business related course from a recognized institution.
• Ability to travel as needed and should have a class A’’ permit (Riding permit)
• Very good analytical and problem solving skills.
• Very good communication skills both oral and written.
• Very good negotiation and decision making skills.
• Good time manager, self-driven and motivated individual with strong organizational abilities.
• Good team work and collaboration abilities.
• Age: Male between 23– 38 years