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Job Title:  Head Of Coverage  

Organisation: DFCU Bank

Duty Station:  Kampala, Uganda

Reports to: Chief Corporate and Institutional Banking Officer

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:  Reporting to the Chief Corporate and Institutional Banking Officer the Head of Coverage will be responsible for coordinating the strategic development & execution of the business plan for the coverage department and is ultimately accountable for the portfolio and primarily responsible for identifying and developing profitable and quality business commensurate with risk appetite guidelines.

Key Duties and Responsibilities:

• Define strategic objectives for Coverage of the department for inclusion in the CIB’s strategic plan & budget.
• Define performance objectives/standards for the Coverage function and team members in line with the Bank’s overall business plan.
• Lead and supervise a team of Relationship Managers assigned to drive business growth, relationship management and product management across the different sectors.
• Drive financial performance through sectors and Transactional Banking to achieve Budget for the department.
• Understand corporate banking products and leverage the knowledge to drive business across diverse customer bases including local corporates, multinational companies, development organisations, and Government and Financial institutions.
• Monitor market trends/funding requirements and drive the development of products that are in line with the strategy of Corporate and Institutional Banking.
• Manage the Corporate Banking asset portfolio to protect the Bank from loss and maximise returns in a manner consistent with business strategy.
• Put in place suitable monitoring and control procedures in line with set guidelines and credit policy.
• Enforce a culture of monitoring to ensure the quality of assets is within the target segment and minimise non-performing assets by taking the earliest corrective measures to avoid instances of bad debts.
• Together with the Head of Marketing and other stakeholders contribute to building and strengthening the bank’s brand and create visibility and relevance in the market.
• Present Papers to the board for approval of entry into new businesses, sector performance and make recommendations to overall bank strategy.

 




Qualifications, Skills and Experience:

• The applicant must be a University graduate (Hons).
• An MBA or graduate studies will be an added advantage
• Credit analysis Certification training
• Advanced Leadership Training
• At least eight years of working experience in Banking with at least 6 years’ experience in Corporate Banking environment
• 5 Years’ Experience in Managing People
• Strong Relationship management skills and Corporate Banking Product knowledge
• Strategic vision and foresight
• Strong people management and leadership skills
• Outgoing, self-motivated, assertive, and proactive
• A good team player able to work under minimum supervision- Self-drive and initiative.
• Excellent communications and engagement skills
• Strong attention to detail and personal effectiveness
• High-level of integrity and strong entrepreneurial skills
• Strong skills at relationship building.
• Self-starter and excellent in sales management
• Strong interpersonal skills
• Ability to supervise and coach staff.

How to Apply:

If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), to the email address indicated below.

Vacanciesbank@dfcugroup.com

Deadline: 10^th May 2024

Disclaimer: 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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