Officer, Recoveries Job at Stanbic Bank Uganda

Officer, Recoveries Job

Work Hours: Full-time, 08 hours per day

Salary: Attractive

Job Deadline: 28 February 2026

Number of Jobs: 01

Hiring Entity: Stanbic Bank Uganda

Stanbic Bank Uganda

Location: In Uganda

Job Details:

Job Description

To identify, manage and provide advice with regard to BCC distressed customers, ensure effective and efficient recovery of the total arrears across all BCC portfolios and achieve deliverables in terms of agreed strategy In line with the BCC Recoveries Mandate;

Along with the relevant Relationship and Credit Managers, assess clients/accounts in order to manage risk and limit exposure over the short, medium and long-term.
Assess counterparties, the current security position and where appropriate take additional security.
Responsible for advising Business Banking on performing loans showing signs of distress (Watchlist names). Executed through Portfolio Rapid•Risk Reviews and Watchlist Committees.
Provide recommendations to improve business banking risk and enhance customer relationships to Business and Credit Teams. Brief Heads of Business to enable them to lead negotiations with watch listed names.
Be involved and influence client visits and negotiations to manage credit recovery processes including restructure and or renegotiation of facilities.
Conduct in-depth research on relevant accounts, applying banking, legal and credit knowledge where applicable.
Follow through on account written off for recoveries, including vendor management & management of the lnhouse recoveries team handling the BCC account

Qualifications

First Degree in any Business Field form a recognised Institute
Atleast 2 years banking experience preferably in Credit, Rehabilitation and Recovery or Legal departments of a Tier 1 financial institution.
Keen interest in building a career in BS&R/ BCC
Experience in Credit Control environment and knowledge of collection procedure.
Sound business savvy and banking knowledge around:accounting and financial principles, generally banking, corporate banking, and Leya! principles related to lending and collateral rights

Additional Information

Technical Competencies: