Summary
Date Posted: Monday, July 08 2024, Base Salary: Not Disclosed

JOB DETAILS:
Our client, one of the leading players in the financial services sector is looking for Credit officers based in Kampala and upcountry branch network. The Credit Officer will be responsible for preparing and assessing loan applications, conducting due- diligence for loan applicants to assess their credit worthiness, engaging in loan collection and recovery, ensuring good portfolio management and performance and maintaining good client relationship.

Key duties and responsibilities
• Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Obtain and compile copies of loan applicants’ credit histories, corporate financial statements, and other financial information.
• Review and update credit and loan files.
• Review loan agreements to ensure that they are complete and accurate according to policy.
• Stay abreast of all types of loans and other financial services and products in order to better meet customers’ needs.
• Submit applications to credit analysts for verification and recommendation.
• Handle customer complaints and take appropriate action to resolve them.
• Work with clients to identify their financial goals and to find ways of reaching those goals.
• Negotiate payment arrangements with customers who have delinquent loans.
• Provide special services such as investment banking for clients with more specialized needs.
• Analyze potential loan markets and develop referral networks in order to locate prospects for loans.
• Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.
• Arrange for maintenance and liquidation of delinquent properties.
• Ensure that all policies and procedures are followed, while meeting set targets.
• Agree to take on additional responsibilities as requested.

Qualifications, Skills and Experience
• The applicant must hold a Bachelor’s Degree or Diploma in Microfinance, Business Administration, Marketing, Economics, Finance and Accounting or any other related field.
• High level of honesty, integrity and accountability.
• Ability to achieve results while working independently with little supervision as well as a team player.
• Good communication skills, fluent in English and Luganda

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure

Send your application and CV to jobs@bondrichadvisorygroup.com  Please quote the name of the job title in the subject line.
OR
Hand deliver your application to our Head Office Located on;
Plot 103/104|Block 232 Lico Holdings-Kireka, Jinja Road Opp. Shell. P .O. Box 37768, Kampala-Uganda
Tel: 0393-248708
Please regularly review job openings at the BondRich Advisory Group website: https://bondrichadvisorygroup.com 

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