Head Recovery Job 2023 at Kampala by Finance Trust Bank Career. Finance Trust Bank, is a commercial Bank in Uganda, is currently searching for a highly qualified Head Recovery to join their team.
Head Recovery Job 2023 at Kampala by Finance Trust Bank
Finance Trust Bank (FTB), a Tier 1 Financial Institution was granted an operating license on 11th November 2013 taking over the business of Uganda Finance Trust Limited (MDI). Finance Trust Bank was first registered as an NGO in 1984 as “Uganda Women’s Finance and Credit Trust Limited” which later changed its name to “Uganda Women’s Finance Trust Limited” in 1997. On 12th October 2005, Uganda Women’s Finance Trust Limited Limited was licensed as a Microfinance Deposit-taking Institution.
Vacancy Post Name:
- Head Recovery – Projects
Number of Vacant Post
- 01 (One)
Organization Name:
- Finance Trust Bank
Last Date to Apply
- 18th March 2023
Job Location
- Kampala, Uganda
Employment Type
- Full-time
Reports To:
- Managing Director
Education Requirement:
- A Bachelor’s degree in a business related discipline such as Finance, Business Administration, law, Economics. Statistics etc.
Experience Required
- 5 years’ experience of debt recovery in a financial institution.
- Experience in credit operations and lending
- Experience in leading a team at managerial level.
Key Result Areas:
- Manage allocation of portfolios to external debt collectors and other service providers in recovery and ensure adherence to the terms and conditions of engagement.
- Ensure that written off loans are particularly followed up and recovered in line with set targets.
- Ensure that proper procedures are followed in liquidation of customer collaterals and guide the branches and the recovery agents on the recovery process.
- Formulate and implement strategies for recovery of delinquent facilities in line with the recovery policy and procedures
- Spear head the achievement of Gross reduction on delinquent and non-performing loans bank wide.
- Spear head effective monitoring of all the bank loans and minimize non-performing loan.
- Review internal Policies and procedures and ensure they comply with Bank of Uganda guidelines and other relevant regulatory policies and advise on new developments in the recovery process.
- Provide leadership to the recovery team and ensure that delinquent facilities are timeously recovered or rehabilitated to performing status in line with the collections policy and procedures.
Application Procedure:
Suitably qualified candidates should address their application to Head, Human Resource, Finance Trust Bank, TWED PLAZA, Plot 22B, Lumumba avenue, Kampala, Uganda, and email it to jobs@financetrust.co.ug. as well as photocopies of academic testimonials, and a CV. The CV should include telephone contacts and email addresses of three referees, one of who should be the most recent employer.
Closing date for submission of the applications is 18th March, 2023. Only shortlisted candidates will be contacted directly on Tel. Numbers 0312 222600 or 0414 341275 ONLY.
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