Eleglance Finance Ltd Job Vacancy For Debt Recovery Officer

Eleglance Finance Ltd

Entebbe Jobs
Posted 7 months ago

Job Summary:  The Debt Recovery Officer will assist the Debt Recovery Manager in championing the Institution’s debt recovery program/activities in liaison with all Branch Credit Team as well as the external debt recovery agents.

Key Duties and Responsibilities: 

  • Participates in developing Institutional plan for recovery of all non-performing and written off loans.
  • Ensures Branch Credit team carry out prompt follow up and recoveries of non-performing loans.
  • Provides debt recovery support to Branches by carrying out field visits in Branches and engaging with defaulting customers.
  • Ensures Branches maintain proper record of loan recovery activities including demand notices, recall letters etc.
  • Ensures debt recovery activities are carried out in accordance with credit policies and procedures
  • Advises and guides Branches on debt collection plan/activities to be carried out for daily recovery non-performing loans
  • Prepares cases for handover to external debt collectors and legal action
  • Coordinates and follows up with assigned court bailiffs, auctioneers and other debt recovery agents on all allocated loans.
  • Work closely with company lawyers to ensure quick disposal of securities pledged for non-performing loans.
  • Prepares reports on debt collection activities carried out in Branches to Debt Recovery Manager.
  • Perform any other duties as may be assigned from time to time.

Qualifications, Skills and Experience:

  • The applicants for the Debt Recovery Officer jobs should hold University degrees in business-related OR Legal fields.
  • Qualifications in Credit Administration/Debt Collection will be a definite advantage
  • At least two years’ experience in banking/microfinance operations, with exposure to credit or lending and debt collection functions
  • Excellent communication and negotiation skills
  • Good interpersonal skills
  • Maturity, honesty, integrity and a strong sense of ethics
  • Demonstrated ability to remain calm in stressful situations
  • Patience and understanding
  • To be persuasive, persistent and firm


How to Apply:


All candidates should send their updated CVs and applications to: info@eleglancefinance.co.ug

Deadline: 14th March 2019

Job Features

Job CategoryAccounting jobs in Uganda