Summary
Date Posted: Tuesday, May 14 2024, Base Salary: Not Disclosed

JOB DETAILS:
Pride Microfinance Limited (MDI) is a Microfinance Deposit- taking Institution regulated and supervised by Bank of Uganda (BoU) under the MDI Act, 2003 and MDI Regulations, 2004 with a capital base of Ugx. 168.6 billion. Pride’s purpose is transforming lives responsibly. Pride offers innovative financial solutions to largely people at the base of the economic pyramid and serves its customers through 40 networked branches and 6 contact offices spread across the country and implements sustainability sound practices throughout its business operations to create a positive impact through three sustainability pillars; economic, environment, and social as well as contributing to the Sustainability Development Goals (SDGs) and their investable sub-goals that relate to microfinance activities. Pride is an equal opportunity employer looking for competent and experienced individuals to fill the vacancy of Credit Administration Manager

The Manager Credit Administration will report to Head of Credit and will be based at Head office. He/she will be responsible for providing support in the management of the credit process, activities and stakeholders including documents review, safe custody and retrieval of securities, portfolio monitoring and reporting as well as supporting branches in implementation of the credit policy and procedures.

Specific responsibilities include: –
• Develop and implement initiatives to achieve operational efficiency within Credit Administration department.
• Review credit management policies, procedures and organizational work processes, and drive appropriate corrective actions in order to deliver excellent customer service in line with the Pride’s strategic plan, credit policy, BOU regulations and the Pride’s corporate objectives.
• Participate in the preparation of the annual budget and monitor monthly performance of the department with respect to the forecast budget and take appropriate actions.
• Liaise with Business Technology to provide remedial action for system issues in line with credit policy and ensure data integrity in line with the regulatory requirements.
• Review and verify the integrity of data and system reports, identify any irregularities and take remedial action in line with credit policy and Prides operating Procedures.
• Monitor and ensure adequacy of provisions for all loans and advances and provide cash flow estimates for non- performing loans for objective and subjective categories.

Minimum academic qualifications, Experience & competences
• A Bachelor’s degree in Accounting, Commerce, Business Administration, Economics, Statistics or any relevant field.
• Master’s degree in a relevant field would be an added advantage.
• At least 6 years’ credit risk management experience in a supervised financial institution 3 of which should be in credit administration & supervision.
• Should have relevant Practical training in Credit Risk Management in the financial services sector and with good track record in credit management process is an added advantage.
• He/she should not be more than 45 years of age

Work Hours: 8

Experience in Months: 72

Level of Education: Bachelor Degree

Job application procedure
If you believe you have the necessary skills and experience and desire to make a difference, then apply immediately and send a detailed CV, Interested candidates should forward their applications to the HEAD PEOPLE & CULTURE, at the address below, or on email: recruitment@pridemicrofinance.co.ug or using the link, https://www.pridemicrofinance.co.ug/career.html not later than MONDAY MAY 20, 2024.

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