Fresher Credit Control Officer Jobs – DFCU Bank

Job Title:      Credit
Control Officer
Organization: DFCU
Bank
Duty Station: Kampala,
Uganda
Reports to: Manager,
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.
Job Summary:  The Credit Control Officer will mainly prepare
all contracts relating to borrowing customers in a language that can easily be
understood by either parties in compliance with all legal, financial and credit
requirements to protect the Bank from any loopholes arising from poor
documentation)  and in case of default,
such contracts must be 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 
providing advisory services to the Bank’s business units.
Key Duties and Responsibilities: 
  • Tasked with the preparation of loan documents for Business Banking
    and Consumer Banking borrowing customers in line with the Bank’s Approved
    Standard Formats.
  • Ensure such Contracts are water tight and enforceable in Courts of
    law in case of default.
  • Proof read and advise on standardized documents prepared by the
    Bank’s Legal department and external Lawyers – for accuracy and
    completeness.
  • Offer advisory services to the Bank’s business units on all legal
    related issues on the different credit files as presented for preparation
    of credit agreements; and as and when approached
  • Conduct 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 BB/CB credit facilities.

Qualifications, Skills and Experience:
  • The applicant for the DFCU Bank Credit Control Officer job placement
    must hold a Law degree from a reputable learning institution.
  • Postgraduate Diploma in Legal Practice from Law Development Center
    Kampala. (LDC)
  • At least two years’ experience in drafting credit agreements in a
    reputable institution/legal firm.
  • In-depth knowledge of the principles governing Banking &
    Corporate Law, Land Law, Mortgages and Leasing, among others;
  • Effective communication, good interpersonal and research skills.
  • Self-motivation, result orientation with ability to make appropriate
    decisions as and when required
  • Administration or any other related field in credit administration.
  • Excellent understanding of operations of all Bank products.
  • Attention to details.
  • Independence and with good judgement of task.
  • Ability to 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
Deadline: 11th December 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.
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