Dfcu Bank Jobs - Manager, Credit Operations Unit

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.Key Duties and Responsibilities: Continuously drive service quality measures and benchmarks within Credit Operations by developing and stepping up seamless process flows and controls, enhance automation to ensure smooth running of Credit Operations to meet company objectives and values; and minimize losses and reputational issues.Authorize draw down of sanctioned facilities ensuring that all credits are in compliance with conditions precedent like insurance placed, payment of fees, security perfection so as to manage risk and minimize losses.Report on all exceptions on non-compliance with standard controls; risks and losses to senior management to ensure remedial measures are taken immediately and recoveries done to minimize losses.Ensure that the Bank’s collateral being held as security is perfected and enforceable in case of default relative to the borrower’s current circumstances so as to mitigate risk. Ensure adequate credit securities management.Approve release of securities for paid off loans so as to mitigate any risks of fraud and losses.Organize, develop and manage a team of 13 people by coaching, training and mentoring for effective business continuity and succession plans.Ensure reconciliation of the legal fees, Guarantees and Insurance accounts is done on a monthly basis to avoid fraud and loss to Dfcu Bank.Ensure realization of targets set in Service Level Agreements with internal stakeholders and external preferred service providers.Improve quality of processing and reduce costs per transaction.Enhance and perform frequent quality and process controls and reports.Manage and monitor service level agreements with internal and external stake holders based on quality and turn-around time.Ensure adequate administering and controlling of all aspects of IFRS, FIA,CRB, KYC and AML related to credit operations activities.Qualifications, Skills and Experience: The applicant should ideally hold a good University degree in the areas of Economics, Finance or Business Administration or related discpline.At least three years’ management experience in the area of Credit Operations.Strong leadership style and excellent managerial, interpersonal and organizational skills.Excellent problem solving, decision making skills and results oriented.Experience in (credit operations) process redesign and implementation.Excellent communication skills, written and verbal skills.In-depth knowledge of all bank products including leasing, trade finance, term finance.Regulatory compliance – Credit Policy, IFRS, FIA, CRB, AML and KYC.Ability to motivate and train staff, including organizing, prioritizing and scheduling work assignments?All suitably qualified candidates should send their applications by clicking on this link. Please include the following in your application; an updated CV / resume should include your contact information and three work related references and a one page statement describing your suitability for the role should be included.