Banking Jobs – Special Assets Manager – Credit Department



Organisation: Banking Institution
Duty Station: Kampala, Uganda
Reports to: Team Leader Special Assets Management
About US:
NFT Consult is a leading HR Consultancy firm which seeks to recruit for
its valuable client, a financially
regulated institution.
Job Summary: The Special
Assets Manager – Credit Department will be responsible for proactively managing
both Retail and Corporate borrowing “watch” accounts showing early signs of
deteriorating trends and non-performing accounts, in order to turn their
performance around and further to coordinate external debt collectors’ efforts
on written off accounts in order to minimize losses to and maximise revenue for
the Bank.                     
Key Duties and
Responsibilities: 
  • On
    a daily basis call, issue arrears notices and follow up on clients that
    have not settled their monthly obligations to improve portfolio quality
    and avoid losses to the Bank.
  • Actively
    follow up of monthly loan schedules, payments from employers for DAS
    (deduction at source) accounts including Civil Servants Payment Solution
    to avoid loan default of group schemes.
  • Quickly
    respond to customer queries regarding the status of their accounts
    including carrying out reconciliations where necessary.
  • Technically
    support the Branches in responding to issues regarding loan accounts
    raised by their customers for effective feedback, resolution and customer
    service.
  • Ensure
    client files are up to date with all communications, correspondences,
    strategy reports, and file notes to document effort and ease the recovery
    procedure.
  • Report
    to the Team Leader Special Assets Management the performance of the
    allocated portfolio on a regular basis to evaluate the effectiveness of
    on-going recovery efforts and strategies.
  • Confirm
    / follow up with legal on security perfection for those accounts that are
    NPA or are showing signs of deterioration to ensure a smooth and quick
    foreclosure process.
  • Ensure
    boundaries are opened for all watch accounts to verify that the property
    secured with the Bank is in line with the original valuation for ease of
    foreclosure.
  • Recommend
    to Team Leader Special Assets Management allocation of relevant portfolio
    to External Debt Collectors, for appropriate action in order to improve
    performance of these accounts.
  • Identify
    accounts due for write off and recommend accordingly to Team Leader
    Special Assets Management, in order to comply with BOU regulations.
  • Actively
    coordinate External Debt Collectors & Auctioneers to effect recovery
    activities in liaison with other departments of the Bank e.g. Legal
  • Ensure
    timely & accurate entry of account cash flows for accurate IFRS
    Reporting.
  • Process
    release of securities for accounts that have been paid off.
Qualifications, Skills and
Experience: 
  • The
    ideal candidate for this banking opportunity should possess a relevant
    educational  background
  • Excellent
    interpersonal, written and oral communication skills.
  • Excellent
    negotiation skills
  • Ability
    to work under minimum supervision.
  • Ability
    to confront offenders in a manner that conveys authority but without further
    provoking or antagonizing any individual or group.
  • Detailed
    knowledge and understanding of the Bank’s Credit policies.
  • Basic
    understanding of the legal framework.
  • Computer
    literacy i.e. Proficiency in Word and Excel.
How to Apply: 
All suitably qualified candidates should visit the web link below and
create a profile on the NFT Consult website by entering their e-mail addresses.
Please visit web link below and click Apply now if convinced you have the job
requirements. The applications/CVs should be prepared in English and submitted
in either MS Word or PDF format will be considered.

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