Debt Collection Officer Job
Work Hours: Full-time, 08 hours per day
Salary:
Attractive
Job Deadline: 22 February 2024
Number of Jobs: 01
Hiring Entity: Pride Microfinance Limited
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| Pride Microfinance Limited |
Location: In Uganda
Job Details:
Pride Microfinance Limited (MDI) (Pride) is the leading Microfinance Deposit Taking Institution in Uganda with 37 networked branches and 7 contact offices countrywide; regulated by Bank of Uganda under the MDI Act, 2003 and is in the transformation process to a tier 2 by December 2024. Pride is an equal opportunity employer looking for competent and experienced individuals to fill the following positions:
Debt Collection Officer.
Responsible for the recovery of bad/written off loans extended in accordance with Pride’s policies and procedures and the laws of Uganda.
Key duties and Responsibilities:
• Responsible for the recovery of bad/written off loans by surveying and
• investigating the clients’ files for cases of defaulting and visiting defaulting clients.
• Deliver recall letters and ensure follow up.
• Prepare and deliver demand letters to defaulters and follow up on payments.
• Prepare and submit weekly and monthly progress reports.
• Train staff on debt recovery skills.
• Liaise with law enforcement on recovery.
• Peruse clients’ files to establish type and location of security.
• Visit locations to establish the availability of property for attachment.
• Contact law enforcement for purposes of attachment in line with bank policy.
• Place and distribute notices of sale.
• Identify the highest bidder and negotiate terms for the sale of attached assets in line with bank policy.
• Arrange with the respective branch for consent to sale and requisition of the sale agreement in line with bank policy.
• Facilitate the prosecution of loan defaulters by investigating cases of defaulting.
• Report matters of criminal nature to the police in line with bank policy.
Minimum Academic Qualifications and Experience
• Diploma in Law.
• 2 Principal passes at A’Level +
• Credits and Pass in Maths and English at O’level
• At least one-year experience in debt collection or law enforcement.
Application procedure
If you believe you have the necessary skills, experience and desire to make a difference, then apply immediately by sending your application to recruitment@pridemicrofinance.co.ug or hand deliver your Resume, Academic documents and application to the address below;. not later than February 22, 2024;
Posting Date: 2024-02-08
