Summary
Date Posted: Wednesday, October 19, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
dfcu Bank is a fast-growing Bank in Uganda offering a wide range of financial solutions to its chosen market segments. We are seeking to recruit for the respective position of Manager- Credit Control in the Operations (COO) Domain to support our expansion strategy.
REPORTING TO: Head- Credit Control & Documentation
JOB PURPOSE: Reporting to the Head- Credit Control & Documentation, the role holder will be responsible for supervising the team charged with Drafting of Loan documents (Offer Letters, Mortgage Deeds, Facility Agreements, Lease Agreements, Investments Agreements, Secured personal and unsecured, car loans and asset financing for both standard.
The role holder will prepare the loan documents for non-standardized deals with unique features prepare all contracts relating to the Bank’s Corporate, Business Banking and other Borrowing Customers with non-standardized deals that involve unique terms and conditions with huge exposures in a language that can easily be understood by either parties in compliance with all legal, financial and credit requirements to protect the Bank from any loopholes arising from poor documentation) and in case of default, such contracts must be enforceable in the Courts of law, set out all terms and conditions under which the Bank is willing to make available to the Customer the approved credit facility and providing advisory services to the Bank’s business units.

KEY ACCOUNTABILITIES:
• Supervision of the Credit Control team.
• Preparation of loan documents for Corporate Banking and Business Banking borrowing customers in line with the Bank’s Approved Standard Formats.
• Preparation of documents for non-standardized deals that involve unique terms and conditions with huge exposures in line with SLA.
• Ensure such Contracts are watertight and enforceable in Courts of law in case of default.
• Proofread and advise on standardized documents prepared by the Bank’s Legal department and external Lawyers for accuracy and completeness.
• Offer advisory services to the Bank’s business units on all legal related issues on the different credit files as presented for preparation of credit agreements; and as and when approached.
• Conduct regular security reviews, reconciling the physical security positions as reported by the Documentation team and tracking delays, renewals, and releases.
• Conduct periodical sensitivity and confirmation checks of validity of securities for deteriorating BB/CB credit facilities.

QUALIFICATIONS, EXPERIENCE AND COMPETENCIES REQUIRED:
• Law Degree from a reputable learning institution.
• Postgraduate Diploma in Legal Practice from Law Development Center (LDC).
• In-depth knowledge of the principles governing Banking & Corporate Law, Land Law, Mortgages and Leasing, among others.
• Effective communication, good interpersonal and research skills.
• Self-motivation, result orientation with ability to make appropriate decisions as and when required.
• Administration or any other related field in credit administration.
• Two years’ experience in drafting credit agreements in a reputable financial institution or legal firm.
• Excellent understanding of operations of all Bank products.
• Attention to details.
• Independence and with good judgement of task.
• Ability to deliver quality output within tight deadlines.

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Wednesday 26th October 2022 to the email address indicated below.
Vacanciesbank@dfcugroup.com 
dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.
Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.



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