Loans Officer Job - URA Staff SACCO

Job Title: Loans Officer (3 Fresher Jobs)

Organisation: URA Staff SACCO

Duty Station: Kampala, Uganda

Reports to: Supervisor Credit & Savings

About US:

The URA Staff SACCO aims to become a model Savings and Credit, Investment and Financial Literacy Service Provider in Africa while offering efficient and effective customer-oriented service.

Job Summary: The Loans Officer will provide support in appraising, processing and recovery of SACCO loans in order to enhance portfolio growth and quality in line with the established policies and procedures.

Key Duties and Responsibilities:

Process client loan applications to ensure timely support and fulfillment of personal financial needs

Receive and maintain proper loan clients register.
Mobilize and enroll potential customers for various loan products available at the institution.
Appraise/screen potential loan applicants and present their requests to the various loan committees at different levels.
Keep proper records of clients’ loan security documents.
Carefully study the client’s character, credit history and present income, to establish his or her ability to repay the loan.

Maintain portfolio quality by ensuring effective recovery practices and risk management mechanism

Monitoring of the loan portfolio to maintain Portfolio at Risk at less than 2%
Arrange and ensure that disbursed loans are recovered as per the set repayment schedules.
Assist in the impact evaluation of clients and their performance as a result of using SACCO Loans.
Actively participate in periodic performance reviews of URA SACCO.
Submit periodic reports to immediate supervisors and Management as may be required.

Develop and maintain stakeholder relationships to ensure implementation of set service standards

Provide adequate financial knowledge to customers and cross all institutions products.
Manage and stimulate customer relationship to boost savings mobilization.
Identify, enroll and train clients following the Institution’s training policies and procedures.

Contribute to the optimal utilization of the SACCO’s resources to ensure maximum benefits to its members

To actively participate in the URA SACCO budgeting process.
Prepare portfolio reports on specified dates.
Participate in weekly, monthly and annual planning meetings.
Create and implement work plans to facilitate the realization of the URA SACCO business growth.

Qualifications, Skills and Experience:

The ideal applicant must hold a degree in Microfinance, Business Administration, Development Studies, social sciences or any other related discipline from a recognized Institution.
Professional membership from relevant bodies is desirable
A minimum of two years of working experience in a busy Banking environment or SACCO
Prior experience in marketing, communications and public relations is an added advantage.
Computer literate with skills in MS SUITE (Excel, Word, PowerPoint, etc)
Officer of high caliber, dedication, and integrity
High levels of numeric, written, and verbal communication skills and business acumen
Capacity to meet tight deadlines with efficiency
Strong decision making and problem solving skills
An effective communicator, strong written, interpersonal and verbal communication skills
Good command of the English Language
Honest, approachable. team player, Intelligible and Resourceful
Has unquestionable integrity and strong leadership skills
Age Limit: Below 40 Years