Vacancy title:
Manager, Credit Monitoring and Administration
Jobs at:
Cairo bank UgandaDeadline of this Job:
Friday, November 17 2023
Summary
Date Posted: Tuesday, November 14 2023, Base Salary: Not Disclosed
JOB DETAILS:
Job Summary:
To provide leadership and direction to the Bank’s Credit Administration unit, oversight management of sound credit risk management policies and procedures, preparation of pre and post-approval loan documentation and proactively managing the technical aspects of credit administration processes with efficiency and accuracy.
Key Responsibilities:
• Confirm that security and other documents are duly executed and properly verified and that every collateral asset line has a supporting document reflecting the value as per the register and can be easily referenced.
• Verify and ascertain that all collateral is registered as per agreed targets with accurate collateral values.
• Review and ascertain that disbursements are completed in line with the conditions set.
• Identify and mitigate risks in the implementation and disbursement processes and ensure that they are highlighted and properly managed to an acceptable level.
• Enforce compliance to borrowing conditions, covenants and consent judgments (for delinquent facilities) for all credit facilities in the portfolio, and maintain an appropriate MIS to track key covenants, terms and conditions as well as the progress of all credit files.
• Train, guide, and motivate credit administration staff to promote discipline, productivity and accountability.
• Evaluate the performance of the loan portfolio and generate periodic reports for Management and other internal/external stakeholders.
• Reconcile credit suspense accounts to ensure accurate posting of credit transactions and timely payment of external service providers.
Education.
• A Bachelor’s degree in Finance, Commerce, Economics, Business Computing or a relevant field from a reputable University.
Experience.
• Minimum of 5 years’ work experience preferably in the financial services industry with at least 2 years in the Credit Risk /Administration Management domain.
• Good understanding of Credit Risk /Administration Management principles.
Skills and competencies.
• Management and Team building
• Interpersonal skills, communication and writing skills
• Negotiation skills
• Creativity and passion for Business development
• Proficient in MS Office Suite.
• Must possess strong interpersonal.
• Ability to handle multiple tasks and set priorities.
• Self-driven with a high affinity for quality, efficiency and meeting tight deadlines.
• High level of integrity and ethical standards.
• Excellent understanding of the Banking Act and prudential guidelines.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Interested candidates should send their application letters together with their curriculum vitae to the Head of Human Resources at recruitment@cbu.co.ug no later than 5 pm, Friday
17th November, 2023.
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