New
3 days ago
Loan Officer
Umoja Microfinance Limited
Accounting, Auditing & Finance
Banking, Finance & Insurance
USh
500,000 - 1,000,000
Easy Apply
Job Summary
The Loan Officer supports business growth by identifying loan opportunities, maintaining strong client relationships, and ensuring the timely recovery of funds to minimise credit risk.
- Minimum Qualification : Bachelors
Job Description/Requirements
DEPARTMENT Operations
REPORTS TO Branch Manager
WORK STATION Any Umoja branch, Country Wide across Uganda
Background
Umoja Microfinance Ltd is a microfinance that exists to serve and empower people to build brighter futures together. We are focused on improving lives through financial inclusion for all people. By providing the initial step up to those in need, we believe we can break the cycle of poverty and empower a new generation of entrepreneurs and leaders in their communities.
We seek dynamic, qualified and passionate individuals willing to share in our vision and join the team in the following role:
Overall, Job Purpose
The Loan Officer supports business growth by identifying loan opportunities, maintaining strong client relationships, and ensuring the timely recovery of funds to minimise credit risk.
Day-to-Day Duties and Responsibilities
• To market Umoja Microfinance products by clearly explaining to individuals the types of loans and credit options available, as well as the terms of loans.
• To analyse and assess the applicant’s credibility to determine the feasibility of granting loans.
• To carry out proper verification of both the individual’s business premises as well as residence before recommendation for a loan.
• To evaluate loan applications and documents to confirm authenticity.
• To approve loans and present to the respective Branch Manager for final Approval.
• To update clients about any new policy that may be passed by the Company and ensure implementation of the same.
• To ensure that the disbursed loans are recovered back within the stipulated period.
• To review and update accurate information required concerning the loans.
• To obtain and record accurate information about the clients.
• Update in time all the necessary record books.
• Any other duty that may be assigned to you.
Skills/Qualifications
• Proficiency in Microsoft Office
• High level of integrity, attention to detail, and ability to work under pressure.
• High analytical and problem-solving skills
• Excellent communication skills, including verbal, written and reporting skills
• Networking and influencing skills
• Ability to work with minimal supervision.
• Ability to work flexibly, including travelling at short notice
• Computer literacy is a must
Qualifications
• Educational Background: Any Bachelor’s Degree/ Diploma from a recognized University
• Ability to speak any local languages
• Willing to ride a motorcycle
• Flexible to work at any branches in Umoja Microfinance
• Females are encouraged to apply
Our Values
In addition to your day-to-day responsibilities, as a team member of Umoja Microfinance Limited, we take pride in acting as Brand Ambassadors for our company in all that we do. We strive to make this a great place to work and an organisation that our communities are proud of. To ensure that we do this our core company values should be at the centre of all that we do:
Be Consistent – Do the simple tasks right every day, every time
Be Ambitious – Strive to innovate, grow, and improve in all you do
Be Positive – Stay Upbeat and keep a fun attitude
Be Honest – Do the right thing
Umoja Microfinance is an equal opportunities employer that is committed to diversity and inclusion in our workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, nationality, disability or any other protected characteristic as outlined by law.
How to Apply:
All applications will be received and reviewed through the BrighterMonday Portal by clicking on the 'Apply Here' section
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