About US:

Pride Microfinance Limited (MDI) (Pride) is the leading Microfinance Deposit Taking Institution in Uganda with 34-networked branches and 10 contact offices countrywide; regulated by Bank of Uganda under the MDI Act, 2003.

Job Summary:

The Credit Officer will recruit and train clients through registration and loan disbursement which leads to growth in loan portfolio.

Key Duties and Responsibilities:

Achieve and maintain the set monthly targets.

• Recruit, train clients and disburse loans.
• Mobilize savings deposits.
• Sell other Pride products.
• Make CRB credit applications.
• Follow upon loan repayment and Loan Insurance Fund (LIF) collection in all CECs.
• Follow upon loan recovery process.
• Generate business growth.

Comply with branch and BoU set targets.

• Follow up payment for and enrollment of clients on to the credit reference bureau before accessing loans.
• Post loans accurately.
• Prepare weekly monitoring reports on prospective and existing clients.

Compile reports on the ongoing loan disbursement.

• Update client loan files.
• Prepare draft report for submission to the Credit Supervisor.
• Recommend to the supervisor any changes to improve service to clients.

Filing loan documentation

• File all relevant information as per Pride’s policies and procedures.
• Verify completeness of loan application file.
• Submit files to credit supervisor for verification.

Key Result Areas Performance Measure / Kpi

Achieve and maintain the set monthly targets while on probation.

Starting a New Portfolio:

• Monthly disbursement of at least 35 new loans.
• Maintain at least 160 active clients on a monthly basis
• Maintain at least Ugx 55 million in outstanding portfolio on a monthly   basis
• PAR (30 days past due) of 1% and below
• Client retention rate of 95%
• 5 new VSP accounts per month

With Inherited Portfolio:

• Monthly disbursement of at least 40 new loans.
• Maintain at least 400 active clients on a monthly basis
• Maintain at least Ugx 200 million in outstanding portfolio on a monthly   basis
• PAR (30 days past due) of 1% and below
• Client retention rate of 95%
• 5 new VSP accounts per month

Achieve and maintain the set monthly targets after confirmation.

• Monthly disbursement of at least 40 new loans.
• Maintain at least 400 active clients on a monthly basis
• Maintain at least Ugx 200 million in outstanding portfolio on a monthly   basis
• PAR (30 days past due) of 1% and below
• Client retention rate of 95%
• 5 new VSP accounts per month

Ensure Compliance of the branch to BOU’s set targets.

• 100% Credit applications for all loans disbursed monthly.
• 90% compliance for CBA each month.
• 95% for CAP on a monthly basis.
• 90% for Borrower Stakeholders (BS) file
• 90% in Collateral- Credit Guarantee (CCG) file
• 90% for Collateral – Material Collateral (CMC) file
• Financial Malpractice (FM) file

Compile periodic reports on the ongoing loan disbursement process.

• 100% accuracy in loan posting into the banker’s realm.
• Daily reports on delinquent accounts submitted to Credit Supervisor.
• Weekly monitoring reports on prospective and existing clients compiled for analysis.
• Ensure accurate and timely filing of all CBP documentation.

Qualifications, Skills and Experience:

• The ideal applicant should  have qualifications, skills and experience
• At least a diploma in a relevant field

Submit your CV and Application on Company Website : Click Here

Closing Date : 4th April 2020