Product Manager, Business Loans at FINCA, Kampala, Uganda

FINCA

Full time Job

Accounting & Finance

Kampala,Uganda

Date Posted: August 30, 2024

Application deadline:

September 5, 2024 5:00pm

Job description

Key duties and responsibilities:

Designing, innovating and ensuring quality delivery of business lending product lines and initiating implementation strategies and action plans for growth of the product lines.

Designing product performance tracking tools and transform pertinent processes into standard policies and procedures in line with FINCA Uganda’s policies and procedures

Executing Credit committee processes in accordance with policies and procedures and reviewing, appraising and approving loans above branch approval limits.

Training, guiding and mentoring credit personnel on credit assessment, monitoring and recoveries, and assessing performance targets.

Ensuring compliance, managing risk through frequent branch visits and preparing score card on a monthly basis

In conjunction with the Legal Officer, prepares, preparing and drafting instructions for all delinquent client files to be sent to the external Lawyers and Auctioneers for litigation and closely following up of these cases including executions of warrant of arrests and attachment of collateral

Making periodical reviews of FINCA Uganda’s credit processes and making recommendations to Management for the purposes of correcting any inadequacies

Setting up, supervising and coordinating the work of soft collections for the product to ensure quality loan portfolio at all times.

Effectively organizing and attending regular head office based delinquency meetings and ensuring that all branches regularly hold the weekly and monthly delinquency meetings

Conducting supervision visits to all branches and reviewing lending process to ascertain level of compliance to policies and procedures, existence of the clients’ businesses to which the loans have been disbursed, verifying the quality of collateral pledged and reviewing the loan field analysis conducted by the loan officer.

Supporting the Head of Credit, and operations team in delivering superior customer experience across all FINCA service delivery channels.

Ensuring that the process of customer acquisition and service delivery across all branches and other service points is anchored on delivering a consistently superior customer experience

Competencies

To perform the job successfully, an individual should demonstrate the following competencies:

Leading with integrity

Good at employee engagement

Result Oriented

Excellent Communication skills

People management skills

Knowledgeable on recruitment and staffing

Qualifications, Skills and Experience

Degree in commerce, accounting, business administration or banking.

Excellent knowledge of micro finance and principles and practices of banking

At least 2 years’ experience as a Branch Manager or 1 year as Product Manager in a Microfinance Deposit Taking Institution or Commercial Bank.

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