|
Collections Officer job at Swift Minds
Posted by: ugashare-Volunteer
Posted date: 2024-Jul-19
Location: Kampala
Vacancy title:
Collections Officer [ Type: FULL TIME , Industry: Consulting , Category: Management ]
Jobs at: Swift Minds
Deadline of this Job:
Wednesday, July 24 2024 Duty Station:
Within Uganda , Kampala, East Africa
Summary
Date Posted: Thursday, July 18 2024, Base Salary: Not Disclosed Similar Jobs in Uganda
Learn more about Swift Minds
Swift Minds jobs in Uganda
JOB DETAILS:
Swift Minds: is hiring on behalf of our client in the banking sector.
Duties and Responsibilities:
• Ensure collections target by devising strategies and executing the same.
• Regularly review the delinquent accounts/portfolio of the company and develop strategies for timely remediation, collection or recovery.
• Liaise with internal and external stakeholders to ensure effective and efficient collection and recovery efforts.
• Ensure that documentation and securities of the non-performing and written off portfolio are in place and up to date.
• Advise delinquent clients on payment options
• Implement remedial action for purposes of minimizing risk of credit loss to the company.
• Participate in credit committee meetings to proactively identify and/or recommend accounts that require closer monitoring by the recoveries & collections team.
• Ensure compliance with prudential and internal policy classification and impairment requirements in the non- performing assets book.
• To participate in visitation of clients within the bracket of delinquent loans with a view of improving collections.
• To make regular and prompt follow ups on client in the ambit of delinquent loans and initiate strategies to mitigate losses.
• To submit weekly collections reports together with proposed actions against non-performing loans of all branches to the line manager.
• Respond to data-related queries and set up processes to make data more efficient
Qualifications and Experience
• Bachelor’s degree in Microfinance or related field
• Minimum of 3 years of relevant working experience.
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree Job application procedure
Send y CV to: recruitment swiftminds.org Deadline: Apply by 24 July 2024
NB: Selection is on rolling basis. Due high volumes of applications, only selected candidates shall be contacted, All applicants’ CVs are kept on file for future opportunities.
All Jobs QUICK ALERT SUBSCRIPTION
|