Job Title: Credit Supervisor (26 Job Vacancies)
Organisation: UGAFODE Microfinance Limited (MDI)
Duty Station: Bombo Road, Ibanda, Ishaka, Jinja, Kagadi, Kyotera, Lira, Lyantonde, Mbale, Mbarara, Mpigi, Nakasero, Nakivale, Nansana, Ntungamo Branch, Rubaga Road, Rukungiri, Rushere, Sembabule, Rubaale, Kitagwenda, Kyarushesha, Maddu, Ndinzi, Kyangwali and Kyaka, Uganda
Ref: HR/STAFF/VAC – 27/03/24/1
About US:
UGAFODE Microfinance Limited (MDI) is a registered financial institution in Uganda and is adherent to the Central Bank’s regulations and guidelines and was founded in 1994 to provide quality microfinance services.
Job Summary: The Credit Supervisor will be responsible for entire credit granting process at the branch level; including the consistent application of credit policy, periodic credit monitoring and reviews of existing customers and the assessment of the creditworthiness of potential loan customers in accordance with UGAFODE Credit policies and procedures with the goal of optimizing the mix of both sales and bad debt losses.
Interested applicants should be willing to indicate whether they can work in any of the following locations: Bombo Road, Ibanda, Ishaka, Jinja, Kagadi, Kyotera, Lira, Lyantonde, Mbale, Mbarara, Mpigi, Nakasero, Nakivale, Nansana, Ntungamo Branch, Rubaga Road, Rukungiri, Rushere, Sembabule, Rubaale, Kitagwenda, Kyarushesha, Maddu, Ndinzi, Kyangwali and Kyaka
Key Duties and Responsibilities:
- Loan mobilization: Leads credit officers and sales staff at branch level to grow assets by supporting asset mobilization campaigns, liaising with credit officers to meet potential loan applicants, available loan types or credit options that are available including the terms and conditions.
- Portfolio quality Management: Overseeing approvals of loans that are below 5M and in line with Branch/Head Office credit committee, manage the loan administration, monitoring and recovery processes in compliance with set loan standards of the institution.
- Member of Branch Credit committee: Co-approver of all branch loans (member of the branch credit committee) that are below 5M and referring those above 5M to Regional and Head Office credit committees in accordance with UGAFODE credit policies and procedures.
- Loan compliance: Carry out day- to-day monitoring of client’s loan performance in line with agreed terms and conditions of the loan and per set credit policy and procedures at UGAFODE to guarantee a qualitative loan portfolio.
- Credit reporting: Undertakes reporting (day-to-day) on all client loan compliances, non- compliances, incidents arising out of bad loans and trends in loan repayments as well as any feedback to support a qualitative portfolio for the institution.
- Support with loan recovery efforts: co-owner with credit officer for client loan application process at branch level and the subsequent decisions thereof. This includes: monitoring of client’s loan performance, adherence to KYC/AML procedures due to the client, loan collateral and recovery procedures that may arise out of poor loan management processes.
- KIVA Project initiator: Responsible for inputting/uploading into the system and coordination of client KIVA Project information for all those clients borrowing up to 5M within the branch structures of the institution.
- Succession planning: Deputizes the Branch Manager in cases of absence and as such perform all duties of the incumbent as approved or delegated from time to time.
- Team supervision: Takes full responsibility for guiding of all direct reports, focusing on all aspects of sound people management e.g. Coaching, On-the-job training, Development, Performance Management, compliance to set standards and Employee engagement.
Qualifications, Skills and Experience:
- The applicant must hold a Bachelor’s degree in a business-related course or its equivalent.
- Minimum Three (3) years’ work experience as a Credit Officer in a financial institution.
- Excellent credit analysis skills
- Strong business acumen.
- Proven satisfactory performance record with a rating of not less than 3
- Knowledge of the full MS Office suite
How to Apply:
If you believe you meet the requirements as noted above, please submit application letter together with an up-to-date CV to our email only: recruitment@ugafode.co.ug (please indicate the position you are applying for in the Subject Line e.g. “Credit Supervisor”. Applications should be addressed to the Head of Human Resource. Please note that only shortlisted candidates will be contacted.
Deadline: 1st April 2024
Note: Ladies are encouraged to apply.
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