About Dfcu:
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.
Job Summary: The Senior Credit Manager – Development and Institutional Banking will be responsible for sanctioning proposals within personal lending discretion, recommend others for sanction by higher authority, assist the sales team in the preparation of quality proposals and ensure that facilities are disbursed and portfolio is maintained in line with conditions set in order to achieve the Bank targets.
Key Duties and Responsibilities:
Intuitively analyse credit data and financial statements of corporate and large individual borrowers to determine the degree of risk involved in extending credit or lending money.
Analyse financial data such as income growth, quality of management and market share to determine expected profitability of loans, and prepare a report justifying the decision made
Regularly review and sanction all proposals (new and existing) presented within personal discretion (< USD 200,000)
Ensure 100% compliance within dfcu’s credit risk framework policies. 100% compliance with Financial Institutions Act (FIA) – BOU guidelines and regulations.
Actively participate in maintaining and updating the Bank credit policies and procedures as often as necessary in accordance with Bank and Industry trends, evolving regulations and legal requirements
Actively contribute to the achievement of annual targets that include non-performing loans, portfolio at risk and growth of portfolio
Offer timely support to the business units in structuring proposals to minimise risk and ensure full repayment. Quick and timely response and feedback on sanctioning of deals and excesses
Train and coach the business analysts and relationship managers in respect to credit assessments/analysis, deal structure policies and procedures
Actively monitor the overall quality of the DIB portfolio, ensuring that scorecard parameters are regularly reviewed and are fit for purpose
Participate in the development of product papers
Qualifications, Skills and Experience:
The ideal candidate for the DFCU Bank Job should hold a Bachelor’s degree with bias in any of the following areas: Finance, Banking, Economics, Business Administration and a Master’s degree (or similar post graduate qualification) in the same fields
At least five years’ experience in a business or banking/financial services environment with at least two years in Credit Risk Management /Sanctioning
Additional training/professional qualification in business, investment and appraisal, risk management, financial analysis is an added advantage
Possession of a credit certification is required
Working knowledge and experience in agriculture is an added advantage
Excellent analytical and problem solving skills
Excellent communication skills
Excellent supervisory and interpersonal skills
Broad awareness of business issues and current economic/market trends
Basic legal skills
Self-driven
A character of high personal integrity
How to Apply:
If you have the above job qualifications and skills, please send a cover letter along with a detailed CV and relevant professional/ academic certificates to: Head of Human Resources, dfcu Bank, 3rd Floor, Dfcu Towers, Kyadondo Road, P.O. Box 70, Kampala. Uganda
Deadline: Friday 6th March 2015