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Advert - Loans Officer July 4 2024

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42 views2 pages

Advert - Loans Officer July 4 2024

Uploaded by

humphreyamanya001
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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P lot 21 Lugard Road P.O Box 228, Fort Portal Tel/Fax: 04834 22234 Email: [email protected].

ug

EXCITING JOB OPPORTUNITIES AT HOFOKAM


Hofokam Ltd is one of the largest Micro Finance Institutions operating in western Uganda with its Head Office
based at Fort Portal. Its Vision is “to be the preferred partner of Microfinance households in Uganda”. Its mission
is, “to provide satisfactory Microfinance Services to households in Western Uganda to enable them realize their
Socio-economic goals”.

As an equal opportunity employer, we invite suitably qualified candidates to apply for the job opportunities
below:

Position : Loans Officer


Department : Credit
Reports to : Loans Supervisor
Available Vacancies : 3 (three)

Job Overview
As a Loans Officer, you will be acting as a liaison between our financial institution and our clients. You will help
appraise and evaluate potential clients in a timely and hassle-free manner. You should possess amazing
communication skills to explain the loan application process to the desired applicants in a simple way.

Major Areas of Responsibility:


1. Market Products
• Develop marketing and work plans for the promotion and establishment of a solid clientele base.
• Identify and sensitize potential clients in the respective area of operation.
• Assess customer needs, explore all options and introduce different types of loans.
• Analyze potential loan markets and develop referral networks in order to locate prospects for loans.

2. Mobilize and retain Clients.


• Mobilize groups for the purpose of lending to them.
• Train identified group members in the Hofokam Lending methodology.
• Analyse loan applicant’s financial status, credit, and collateral evaluations to determine feasibility of
granting loans.

3. Process loan applications.


• Evaluate, and assess the credit risk of individual clients and groups by inspecting business and household
of potential clients, appraise client’s business and repayment capability before disbursing loans.
• Generate and submit on time accurate documentation to enable loans to be disbursed.
• Operate in compliance with laws and regulations and adhere to lending compliance guidelines.
• Maintain complete and accurate loan documentation in the office and supervise the maintenance of group
record keeping process.

4. Monitor individual /group loan performance.


• Attend group meetings as required by methodology.
• Supervise groups to ensure timely repayments, attendance of meetings, update of group records.
• Maintain group cohesion.
• Make recommendations on improvement of products to branch management.

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5. Collection and Recovery of loans.
• Follow up with group executives to recover loans of group clients in arrears.
• Participate in branch arrears management meetings.
• Take individual action as per policy to recover delinquent loans.

6. Portfolio Management
• Prepare and submit timely reports on the number of clients, repayments, portfolio quality, loan recoveries
and follow-up action on delinquent loans.

7. Relationship Management.
• Maintain the company standard customer service while interacting and engaging with clients.
• Provide advice to clients on borrowing and loan management.
• Maintain constant communication with clients and assigned groups.
• Ensure and increase client satisfaction in line with the core values of the institution.
• Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the loan
underwriting process.

A. Qualifications, Skills & Experience:


• Education: Minimum of a Diploma or Degree in Marketing/Accounting/Finance/Banking/Community
Development or related qualification.
• Experience: At least 1 year experience in credit is desirable.

Skills:
• Ability to effectively promote and sell the Institution’s products/services;
• Planning and organizing skills;
• Training and development skills;
• Excellent communication and interpersonal skills;
• Microsoft Office skills of word and Excel;
• Ability to work under pressure;
• Ability to form teams which can work together.
• Excellent public relation skills;
• Basic entrepreneurial skills and problem-solving skills;
• A team player who is also able to work independently;
• Monitoring and evaluation skills;
• Customer-oriented;
• Integrity and professional ethics;
• MUST be in position to ride a motorcycle and possess a valid riding permit.

Age
• Not exceeding 30 years.

Salary:
The salary to be paid is in line with Hofokam salary structure for the Loans Officer.

Application Instructions
If you think you meet the above criteria, please send your application with certified copies of academic and
professional certificates, a CV, postal address, day time telephone contact, names and details of at least three (3)
referees. Apply through the email address: [email protected] to the Head of Human Resources, not later than
13th July 2024. Attachments MUST be in one PDF document and not exceeding 5MBs in size. If you do not hear
from us by end of 15th August 2024, consider your application unsuccessful.
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