Loans Officer Job
Work Hours: Full-time, 08 hours per day
Salary:
Attractive
Job Deadline: 15 December 2023
Number of Jobs: 01
Hiring Entity: UMA SACCO Ltd
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| UMA SACCO Ltd |
Location: In Uganda
Job Details:
Develop and maintain effective and cost-effective policies and procedures to achieve target portfolio size while managing credit risk.
• Set credit management policies and procedures to ensure that loans are granted based on technical criteria and that follow-up on late payment is prompt and effective.
• Oversee training and information dissemination to ensure that credit staff understands policies and procedures.
Oversee loan approval processes to achieve agreed-upon targets.
• Propose allocation of loan funds according to available products
• Ensure that the SACCO approves loans on the basis of existing policies and procedures.
• Ensure proper scrutiny and preparation of loan applications and agreements and repayment schedules.
• Sample check the accuracy of interest calculation on loans and act upon discrepancies discovered.
• Arrange Credit Sub-Committee meetings and guide the sub-committee to approve loans based on policies and procedures.
• Report on the loan portfolio
Ensure delinquent loan recovery processes meet targets.
• Follow up on overdue loans and debts for proper recoveries.
• Oversee those late payments are followed up promptly and effectively.
Application procedure
All interested applicants should send a one document cover letter and CV to The Manager, UMA SACCO Ltd, P.O.Box 2243 Kampala. On email recruitment@umasacco.com CLEARLY INDICATE THE POSITION APPLIED FOR ON THE SUBJECT LINE
All attachments should be in one document either word or PDF format not exceeding 10Mbs.
No hard copy applications will be received
Posting Date: 2023-12-02
