Vacancy title:
Manager Recoveries

Jobs at:
Higher Education Students Financing Board ( HESFB )

Deadline of this Job:
28th February 2018

Duty Station:
Kampala, Uganda

JOB DETAILS:
The Higher Education Students’ Financing Board (HESFB) is a body Corporate established by an Act of Parliament, number 2 of 2014, to provide both Loans and Scholarships to Ugandan Students to pursue higher Education. The objective of the Student Loan Scheme is to increase equitable access to Higher Education in Uganda and also support qualified students who may not afford the cost of Higher Education.

Vision
Equitable Financing of Higher Education for all Ugandans"

Mission
" To provide sustainable financing for equitable access to Higher education to all eligible Ugandans"

HESFB is an equal opportunity employer"

HESFB kindly invites applications from suitably qualified people to take up the following employment opportunities;

Job Title: Manager Recoveries
Reports to : Director Loans and Scholarship
Grade: FB3

Essential Functions
Responsible for the Implementation of Loan Recovery processes of the Board, formulating Recoveries Strategies and ensure an efficient recoveries unit.

The post holder's responsibilities include among others:

• Implement the Loan recovery strategy and management of debt portfolio of the Board by meeting the recovery targets.
  
• Manage and review Board credit operations, policies and procedures.
  
• Initiating the processing of repayments and restructuring proposals for Non-performing Loans.
  
• Submission of loans to upgrade with regard to Credit Referencing.
  
• Analyse and report the performance of the loan portfolio on a monthly basis/quarterly by clients for management and Board and provide remedial actions where necessary.
  
• Undertake supervision of the Senior Recoveries officers and to ensure compliance with credit policies and procedures.
  
• Direct liaison with legal department, external lawyers , and collection agencies in the loan recovery process.
  
• Undertake any other duties assigned by the supervisor.

Knowledge and Experience Required

The position requires the following minimum qualifications and competences:

• Honors Degree from recognized University
  
• A Masters Degree in Finance, Business Administration, Economics Banking , Management or related degree .
  
• At least 7 years of experience in lending and recovery at senior management level.

Skills and Competences

• Working knowledge of Prudential Guidelines in recoveries
  
• Good communication & negotiation Skills
  
• Basic financial working experience.
  
• Effective reporting skills.
  
• Initiative & Analytical judgment
  
• Having a proven record of managing recovery function at a senior level
  
• Leadership skills
  
• Computer skills; Excel, Ms. Word and power point).

Job application procedure
Applications enclosing photocopies of Academic certificates, CV and three referees (not relatives) should be sent/ delivered to the address below. Closing date for receipt of applications is 28th February 2018. Only shortlisted candidates will be contacted.

The Executive Director
Higher Education Students’ Financing Board (HESFB)
Plot 1, Lourdel Road,
Lourdel Towers 7th Floor, Nakasero.
P.0. Box 16810 Wandegeya, Kampala Uganda
Tel : +256 414 Z55 300, www.hesfb.go.ug