Manager Credit & Portfolio Management – Kampala – Uganda Development Bank

About UDBL:
Uganda Development Bank Ltd (UDBL) is the country’s only Development Finance Institution (DFI) established in 1972. The Bank has recently re-positioned itself as a partner to the Government of Uganda in delivering the theme of its National Development Plan.

Job Summary: The Manager Credit & Portfolio Management ensures quality of the bank’s loan portfolio from inception and on an ongoing basis

Key Duties and Responsibilities:
Support Credit Analysis:
Take lead of a team of credit analyst in conducting independent analysis in support of credit origination, renewal, and review in line with the bank’s risk appetite.
The incumbent will ensure that all credit applications and supporting documents are vetted for accuracy, completeness and compliance with policy;
Ensure that the proposed terms and conditions for financing are commensurate with the identified level of risk and fully in line with the bank’s credit policies and guidelines and are properly reflected in the recommendations to Departmental, Management and Board credit committees.
Project Management and Supervision:
In charge of monitoring of the performance and grading of the loan portfolio on a regular/monthly basis and, where appropriate, recommending corrective actions to management in order to ensure adherence to credit policy;
Ensure regular performance of stress testing on the portfolio;
Ensure regular monitoring of individual projects through supervision visits and/or review of client information to confirm compliance with financing covenants;
Manage the preparation of departmental and bank-wide credit and portfolio reports in line with the Bank’s credit policy.
Problem Projects Management:
Actively monitor the portfolio and identify projects under distress and initiate work out procedures;
Work closely with Legal and other Departments to ensure that problem projects are assessed and appropriate remedial measures are identified and pursued in order to achieve turn around projects and/or recovery through all available means;

Qualifications, Skills and Experience:
The ideal candidate must hold a good first degree in Economics, Banking, Commerce or Business Administration, Engineering or any other numerate degree from a recognized university;
Possession of a Master’s Degree in any of the above or related fields, or professional qualifications (e.g. ACCA, CPA, ACIB, etc.).
At least eight (8) years similar or relevant experience in a large financial institution or development bank, preferably engaged in long term funding or project financing; of which three (3) should be at management level.
Excellent analytical and financial analysis skills and experience in using financial models.
Proven track record and experience in successful investment, appraisal, analysis and implementation is required.

How to Apply:
All applicants are strongly encouraged to send or deliver their applications which should include an up-to-date curriculum vitae, photocopies of academic documents and contact addresses of three professional references to: The Director, Human Resources & Administration, 1st Floor Wing B, Rwenzori Towers, Plot 6 Nakasero Road, P.O. Box 7210, Kampala. Uganda.

Deadline: 13th January 2017 by 5.00pm

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