Credit Officer
Job summary
To grow Perfect Finance loan portfolio and client base through client mobilization and customer loan appraisal. Critical outputs include: Minimized loan default rates, Timely and accurate reports, Timely loan monitoring and recovery.
Job descriptions & requirements
A.
Client Mobilisation
1. Identifying new business opportunities for Perfect Finance Uganda Ltd
2. Retain and reward good-performing clients.
B.
Loan Disbursement
1. Support clients to complete the loan application forms.
2. Appraise client loan applications by analysing applicants’ financial status
and creditworthiness, evaluating proposed collateral/property to determine the feasibility of granting loans.
3. Follow up on loan applications submitted to the general manager for approval
4. Communicate loan approvals/rejections to clients within 8 working hours of
reaching a decision
5. Ensure that the approved loans are disbursed to clients within 8 working hours.
C.
Loan Recovery
1. Verify payments made by the clients for accuracy and minimise client arrears
2. Ensure good customer care by handling loan-related clients’ complaints in
time and taking appropriate actions to resolve them.
3. Ensure timely banking of collections from clients, including loan application
fees
4. Ensure daily update of the loan repayment register
5. Make follow-ups on defaulters, making daily reports of challenges
encountered to the Credit supervisor
6. Ensure that all the clients pay their loan instalments in full and on time
D. Delinquency Management
1.
Ensure Daily loan monitoring and evaluation of existing loans
2. Develop daily work plans for client visits and phone calls to remind them of
their due dates
3. Identify and submit a daily list of loans that are tending towards the P.A.R
category to the Head of Credit for appropriate action to mitigate against
non-performing loan (NPL) growth.
4. Schedule monthly Bailiff Meetings to get updates and feedback on the
progress of cases with the bailiff.
5. Support the Bailiff in the identification of clients and their locations
whose files have been handed to him for third-party collection
E. General Duties
1. Participate in the
generation of a pool of ideas to aid in the development and upgrade of New and
existing Perfect Finance Products.
2. Actively participate in Perfect Finance management meetings
3. Take an active role in ensuring that Perfect Finance property is maintained
and kept in good working conditions at all times.
4. Any other Perfect Finance Uganda Ltd-related duties that may be assigned to
you by your supervisor from time to time
How to Apply:
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