Summary
Date Posted: Friday, July 08, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Dfcu Bank, is a subsidiary of dfcu Limited, a listed company in Uganda which has been in existence for the last 55 years. Our commercial banking business is broken down into Personal, Business, Corporate banking, and Treasury, guided by our vision “To transform lives and businesses through innovative solutions and empowered people”.
Positioning itself as a universal bank is one of the bank’s strategic objectives where it seeks to continuously improve its ways of working and re-engineer business processes to improve operational efficiency, enhance quality, risk management and the yield on its loan book in as far as its lending activities are concerned. This will entail re-design its lending operations i.e., credit origination, analysis, approval, documentation, disbursement, monitoring, and control for its business segments and lending product categories. The Bank is therefore seeking for a consultant for a one-year contract duration based in Kampala, Uganda available immediately to deliver the scope as indicated below.

Project Manager – Credit Process Optimization
Reporting to the Chief Risk Officer, the consultant will work hand in hand with a dedicated core team, and Head of Credit to re-design and implement the Bank’s credit strategy, policies, process, templates, tools, and support with the end-to-end automation efforts of the same. He/she will work within the agreed governance structure and scope, for a contract duration of one year, with a possibility of extension thereafter.

Key Result Areas
• Re-design the Bank’s credit policy to support business growth and new strategic direction.
• Define the appropriate structure for lending operations, credit decisions, and reporting lines (end to end) to drive risk management, efficiency and accountability based on best practice.
• Streamline underwriting processes based on defined customer segments and their respective risk profiles.
• Define business/functional requirements for proactive credit management and support in the sourcing or implementation of early warning system, behavioral scoring models and other components to achieve end-to-end credit management automation.
• Re-design the Bank’s Credit risk Grading Framework – based on the respective customer segments & respective risk profiles, and align them to the appropriate, standardized, and transparent credit pricing mechanisms.
• Re-design all forms, templates, and tools, to capture the right or present complete and accurate information about a borrower at the different stages of the lifecycle.
Design risk and rewards/incentive framework to promote the right risk culture

Deliverables:
• Credit Policy aligned to Bank’s new strategic direction and business growth aspirations.
• Proposed Credit Structure to support business growth and proactive risk management.
• Underwriting Processes for defined customer segments as per their respective risk profiles.
• Business and Functional Requirements for end-to-end Credit Management Automation.
• Credit Risk Grading Tools and related Pricing.
• Revamped Credit Forms, Templates, and Tools for every stage within the lifecycle.
• Risk/Reward or Incentive Framework to be implemented.

Knowledge, Skills, And Experience Required:
• Should have served in a Credit or Credit Risk Management capacity in a commercial bank or at a group level that handled both corporate, business banking and retail banking segments for at least 10 years.
• Should have additional consultancy experience for at least 3 projects in the last two years as Lead in a major assignment with financial institutions that are undergoing transformation in their credit operations or diversifying their portfolios.
• Project Management experience is a must.
• Should be a certified credit professional or credit risk management professional with demonstrated experience in credit analysis, pricing, credit approval, collections & recoveries, credit MIS, and related models.
• University degree holder in Economics, Statistics, Accountancy, Business Administration, Finance, or related discipline.
• Master’s degree in relevant field is an added advantage.
• Knowledge of data analysis, data modelling and validation tools.
• Proficient PC skills with experience in Microsoft Office and Outlook, PowerPoint, and others.
• Excellent oral, written and interpersonal skills; strong ability to work with all levels of management within the company.
• Familiarity with the financial regulatory system, business, economic and legal framework related to lending business in country.
• Strong understanding of quantitative credit risk modeling (e.g., PDs, LGDs, EADs, vintage analysis, migration matrices) and good understanding of portfolio credit metrics such as limits, expected and unexpected loss, capital allocation.

Job Experience: No Requirements

Work Hours: 8

Level of Education: Postgraduate Degree

Job application procedure
If you believe you meet the requirements as highlighted above, please forward your application with a detailed CV, experience in the Key Result Areas, a minimum of three (3) recommendation letters relating to the scope defined, contact information, copies of relevant professional/academic certificates, and financial proposal clearly marked “Credit Technical Consultant” to “ onlinebids@dfcugroup.com  ” by Friday 15th July 2022, 01:00 PM East African Time.
Please encrypt your application and share your password an hour after the deadline. Any application received by the Bank after this deadline will be rejected.

Note:
• a) The applicant shall bear all costs associated with the preparation and submission of the application, and the Bank will in no case be responsible or liable for those costs, regardless of the conduct or outcome of the evaluation process. The Successful candidate will be expected to commence the assignment within 5 days after the final agreement is reached.
• b) The Bank reserves the right to accept or to reject any application, and to annul the evaluation process and reject all applications at any time prior to the award of the contract, without thereby incurring any liability to any candidate or any obligation to inform the candidate of the grounds for its action. The Bank’s decision/s regarding the acceptance or non-acceptance of a proposal shall be final and the Bank is not obliged to furnish any reason for such decision.
• c) All correspondence related to the proposal shall be made in English. The prices and rates in the financial offer will be deemed to be inclusive of all TAXES and any other incidental costs.
• d) The information submitted by the Candidate will be held in confidence by the Bank and used for purposes of determining your suitability for meeting our general requirements for the provision of the services


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