Head of Recoveries FINCA Uganda

FINCA Uganda Limited (MDI) is the very first licensed micro finance deposit taking institution in Uganda, and part of a global network which serves over 850,000 clients in 21 countries. FINCA Uganda currently offers loans, savings and money transfer services in Uganda, one of the most competitive and dynamic microfinance markets in the world. FINCA Uganda is seeking to recruit dynamic, self motivated, result oriented professionals to fill the positions below.
2. Head of Recoveries
The Head of Recoveries is a member of the Operations department based at Head office Kampala. S/he is responsible for ensuring portfolio quality through initiating, implementing and evaluating recovery policies and procedures. The position reports to the Chief Operations Officer but also works closely with the legal manager as appropriate.
Key Result Areas:
• Develop and review recovery procedures and strategies.
• Plan, budget and monitor recovery processes to ensure collection of non-performing loans.
• Liaise and follow up with court bailiffs, auctioneers and lawyers on cases submitted.
• Liaise and provide support to branch managers.
• Ensure compliance to policies and procedures during attachment and disposal of attached collateral.
• Prepare and submit requisite status reports on recovery initiatives to management

Job requirement

Ideal profile
• A business related degree from a recognized institution. A Masters degree in Business Administration or Microfinance will be of an added advantage.
• At least 5 years work experience in a recognized micro finance institution or commercial bank, with at least two year's experience at Branch Manager Level, or other acceptable supervisory capacity.
• Comprehensive appreciation of the credit underwriting process.

How to apply

Note: All the above positions carry an attractive salary.
Applicants should submit their documents which should include; photocopies of academic documents and testimonials, a CV with at least three reference contacts including a day time telephone (professional and not personal, including current or most recent employer) to the Human Resources Manager FINCA Uganda, Plot 22, Ben Kiwanuka Street, P.O. Box 24450, Kampala by close of business on Friday 9th September 2011. Applications can also be submitted online through email to at hrrecruit@finca.or.ug.