Credit Officer job at ACENET Microfinance | Apply Now

• Responsible for implementation of business and action plans to grow the group and individual loan portfolio.

• Regular training of microfinance clients in financial literacy to enhance their ability to responsibility consume financial services.

• Execute activities that foster good customer relationship, build brand loyalty and contribute to institutions profitability.

• Lend and prudently manage the portfolio to remain within the required standard.

• Lead internal and external sales activities to increase the loan sales to meet branch target.

• Profile key customers and stake holders for better relationship management to better business and remain sustainable.

• Develop innovative and efficient business growth ideas that improve loan performance

• Screen applications based on established criteria, ensure adherence to credit policies, and verify the accuracy of client information;

• Design sales strategies to better branch loan sales in volumes and quality.

• Submit daily, weekly, monthly, quarterly, semi-annually and annual performance reports on the products and services to line manager.

• Proactively plan for the loan products to yield the required target in volume and quality.

• Support in implementation of marketing plans to penetrate the market segment.

• Train and mentor non-credit field staff of TPO Uganda to understand the lending methodology.

• Give feedback on the products and programs of TPO Uganda.

• Implement policies and procedures of the organization as well as feedback on areas of improvement.

• Execute any other duty that may be assigned by line supervisor and the organization from time to time.

Key Performance Indicators

• Number of groups formulated.

• Number of groups trained for lending and financial literacy program.

• Volume of loans disbursed.

• Quality of loan portfolio/ Asset in %tage (Portfolio at risk (PAR) and Non-Performing Loan (NPA)

• Daily and weekly monitoring of the loans with specified amounts.

• Effectively track loans to ensure they are paid on schedule and in the correct amounts

• Net portfolio growth (Ugx) and Case load (number of active loans)

• Income generated (Ugx in Fees and Commission)