Reports to: Director Loans and Scholarship
About US:
The Higher Education Students’ Financing Board (HESFB) is a body Corporate established by an Act of Parliament, number 2 of 2014, to provide both Loans and Scholarships to Ugandan Students to pursue Higher Education. The objective of the Loan Scheme is to increase equitable access to Higher Education in Uganda and also support qualified students who may not afford the cost of Higher Education.
Job Summary: The Manager Recoveries will be responsible for the Implementation of Loan Recovery processes of the Board, formulating Recoveries Strategies and ensure an efficient recoveries unit.
Key Duties and Responsibilities:
Implement the Loan recovery strategy and management of debt portfolio of the Board by meeting the recovery targets.
Manage and review Board credit operations, policies and procedures.
Initiating the processing of repayments and restructuring proposals for Non-performing Loans.
Submission of loans to upgrade with regard to Credit Referencing.
Keenly analyse and report the performance of the loan portfolio on a monthly basis/quarterly by clients for management and Board and provide remedial actions where necessary.
Undertake supervision of the Senior Recoveries officers and to ensure compliance with credit policies and procedures.
Direct liaison with legal department, external lawyers and collection agencies in the loan recovery process.
Undertake any other duties assigned by the supervisor.
Qualifications, Skills and Experience:
The ideal candidate must hold an Honors Degree from recognized University.
A Masters Degree in Finance, Business Administration , Economics Banking, Management or related degree.
Seven years of experience in lending and recovery at senior management level.
Working knowledge of Prudential Guidelines in recoveries
Excellent communication and negotiation Skills
Basic financial working experience.
Effective reporting skills.
Initiative and analytical judgment
Having a proven record of managing recovery function at a senior level
Leadership skills
Computer skills; Excel, Ms. Word and power point
How to Apply:
All suitably qualified and interested candidates should send their applications enclosing photocopies of certificates, updated CVs and three referees to the address below;
Executive Director,
Higher Education Students’ Financing Board (HESFB),
Plot 1, Lourdel Road,
Lourdel Towers 7th Floor, Nakasero,
P.O. Box 16810 Wandegeya, Kampala. Uganda
NB: Only shortlisted candidates will be contacted.
Deadline: 28th February 2018