The Ugandan Jobline

• Ensure compliance with all relevant
  regulatory and statutory requirements like BOU, Auditors (External), URA,
  Funders, Credit Reference Bureau, Sanctioned conditions have been adhered
  to avoid penalties to the Bank.
• Capture all (non) financial conditions
  & covenants, Internal Triggers in tracker & their frequency of
  review (both one off & ongoing) and enforce the execution of the same
  so as to achieve a high quality asset book and minimize losses.
• The jobholder will verify that the
  approved loans and advances and static data captured in the system is
  accurate, monitor post disbursement transactions on a daily basis for
  borrowing accounts in the system and flag them for action e.g. expired insurance,
  waivers and dispensations, expired Valuations, unfulfilled sanctioned
  conditions etc.
• External co-ordination with suppliers of
  leased assets for full compliance with importation requirements, accurate
  disbursements to the actual suppliers and timely delivery of the imported
  equipment to avoid fraud and timely purchase of quality equipment with
  proper verification and title and within the agreed facility amount.
• Daily reporting on key risk areas;
  excesses/arrears; progress on pre and post disbursement conditions &
  covenants tracker, review of account triggers i.e. Declining customer
  turnover, annual reviews due or overdue, limits due to expire, outstanding
  security (perfection), insurance, follow up on previous commitments and
  follow up on the same with the RMs and Business Bankers.
• The incumbent will recommend improvements
  to the company’s credit policies and procedure to contribute to improving
  profitability.
• Ensure timely reconciliation on all credit
  reconcilable accounts by the 5th working day of every new month.

• The applicant for the DFCU Monitoring
  & Control Manager career opportunity should hold a relevant university
  degree
• At least four years of banking experience
• Extensive knowledge of the principles and
  practice of banking acquired through professional qualifications
• In-depth knowledge of the Bank’s Credit
  policies and FIA guidelines.
• Effective communication, good
  interpersonal and research skills.
• Broad knowledge of Consumer Banking and
  DIB lending and different products offered
• Good credit analysis skills and conceptual
  understanding of the business
• Computer literacy i.e. proficient with
  Microsoft desktop and Finacle for efficient monitoring and report making.
• Self-motivation, result orientation with
  ability to make appropriate decisions as and when required; and ability to
  work under minimum supervision.
• Underwriting standards and good working
  knowledge of the operations of other departments

Related Jobs