About US:
Finance Trust Bank was licensed as a Tier 1 Commercial Bank after taking over the financial services business of Uganda Finance Trust Limited (MDI). Finance Trust Bank is a fully-fledged commercial bank serving a clientele of over 300,000 depositors and over 27,000’ borrowers, through a network of 36 branches countrywide. The bank offers a variety of Products and services including; Savings, Current accounts, Loans, Money transfer services and Bills payments to its target market which comprises of micro, small and medium entrepreneurs, salary earners and youth.
Job Summary: The Recovery Manager will be responsible for planning, coordinating and leading the recovery of delinquent loans in line with the debt recovery policies and procedures.
Key Duties and Responsibilities:
In charge of formulating and implementing strategies for recovery of delinquent facilities in line with the collections policy and procedures.
Provide leadership to the recovery team and ensure that delinquent facilities are timeously recovered or rehabilitated to performing status in line with the collections policy and procedures.
Oversee and closely monitor the productivity of the recovery staff in line with set targets and performance agreements.
Actively coordinate the allocation of portfolios to external debt collectors and other service providers in recovery and ensure adherence to the terms and conditions of engagement.
Ensure that proper procedures are followed in liquidation of customer collaterals and guide the branches and the recovery agents on the recovery process.
Conduct periodical review of the recovery policy and procedures and advise on new developments in the recovery process.
Qualifications, Skills and Experience:
The ideal candidate should hold a Bachelor’s degree in a business related discipline or related discipline gained from a recognized university. Possession of a postgraduate qualification in a business or management field will be an added advantage.
At least five years working experience in Credit /Lending/ debt collection, three (3) of which must have been gained from a leadership / supervisory position in a financial institution.
Working experience in a commercial bank will be an added advantage.
Detailed working knowledge of relevant laws relating to mortgages and recovery
How to Apply:
All qualified candidates should submit their applications which should include; photocopies of academic testimonials, a CV with at least three reference contacts, including the most recent employer, and telephone number to; Ag. Head, Human Resource, Finance Trust Bank, Plot 115 & 121, Katwe, P. O. Box 6972, Kampala, Uganda.
Deadline: 20th April 2015