Job Title: Branch Executive (2 Positions) Organisation: Tugende Duty Station: Kampala, Uganda Reports…
Senior Officer Credit Control Job Placement – DFCU Bank
Job Title: Senior
Officer Credit Control
Officer Credit Control
Organization: DFCU
Bank
Bank
Duty Station: Kampala,
Uganda
Uganda
Reports to: Manager
Credit Control
Credit Control
About US:
DFCU bank is a fast
growing commercial bank offering a variety of innovative products and services.
DFCU Limited was started by the Commonwealth Development Corporation (CDC) of
the United Kingdom and the Government of Uganda through the Uganda Development
Corporation (UDC) under the name of Development Finance Company of Uganda
Limited. Later restructuring brought in DEG (of Germany) and International
Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25%
stake in the company. Its objective was to support long-term development
projects whose financing needs and risk did not appeal to the then existing
financial commercial lending institutions.
growing commercial bank offering a variety of innovative products and services.
DFCU Limited was started by the Commonwealth Development Corporation (CDC) of
the United Kingdom and the Government of Uganda through the Uganda Development
Corporation (UDC) under the name of Development Finance Company of Uganda
Limited. Later restructuring brought in DEG (of Germany) and International
Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25%
stake in the company. Its objective was to support long-term development
projects whose financing needs and risk did not appeal to the then existing
financial commercial lending institutions.
Job Summary: The Senior Officer Credit Control will mainly
prepare all contracts relating to borrowing customers in a language that can
easily be understood by either parties and that are enforceable in the courts
of law, set out all terms and conditions under which the bank is willing to
make available to the customer the approved credit facility and provide the
advisory services to the business units.
prepare all contracts relating to borrowing customers in a language that can
easily be understood by either parties and that are enforceable in the courts
of law, set out all terms and conditions under which the bank is willing to
make available to the customer the approved credit facility and provide the
advisory services to the business units.
Key Duties and Responsibilities:
- Tasked with the preparation of documents for non-standardized deals
that involve unique terms and conditions with huge exposures in line with
SLA and ensure such contracts are water tight and enforceable in courts of
law in case of default - Process instructions to External Lawyers and follow up with the same
upon receipt of duly checked and cleared files by the Credit Documentation
Team for all facilities above USD 5m. - Review all documentation drafted to ensure compliance with the
Bank’s Approved Standard format - Proof read and advise on standardized documents prepared by Legal
and external lawyers – for accuracy and completeness - Draft SLAs with all internal stake holders and review those with
external stake holders - Offer advisory services to business units on all legal related
issues on the different credit files as presented for preparation of
credit agreements - Carry out regular security reviews, reconciling the physical
security positions as reported by the Documentation team and tracking
delays, renewals and releases. - Conduct periodical sensitivity and confirmation checks of validity
of securities for deteriorating credit facilities and the bank’s top
borrowers.
Qualifications, Skills and Experience:
- The applicant for the DFCU Bank Senior Officer Credit Control job
placement must hold a Law degree from a reputable learning institution - Administration or any other related field in credit administration
- A minimum of three years’ experience in drafting credit agreements
in a reputable institution/legal firm - Excellent understanding of operations of all bank products
- Attention to details
- Independence and with good judgement of task
- Deliver quality output within tight deadlines
How to Apply:
All candidates who
so wish to join the banking sector in the aforementioned capacity are
encouraged to send their applications with detailed CVs including present
position and copies of relevant professional/academic certificates (University
Transcript, O & A level) to: Vacanciesbank@dfcugroup.com
so wish to join the banking sector in the aforementioned capacity are
encouraged to send their applications with detailed CVs including present
position and copies of relevant professional/academic certificates (University
Transcript, O & A level) to: Vacanciesbank@dfcugroup.com
Deadline: 15th November 2018
NB: dfcu
Bank does not solicit/accept payment in cash/kind from prospective candidates
in exchange for shortlisting or job placement. Any candidate who engages in
this kind of transaction is aiding and abetting fraud and will be automatically
disqualified.
Bank does not solicit/accept payment in cash/kind from prospective candidates
in exchange for shortlisting or job placement. Any candidate who engages in
this kind of transaction is aiding and abetting fraud and will be automatically
disqualified.
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