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Within Uganda , Kampala , Mukono ,Matugga, Nabbingo , Jinja ,Fort Portal ,Gulu , East Africa
Full-time
Asaak strives toward unlocking the economic potential of marginalized small and medium business owners. By bringing together a team of individuals with a wide range of backgrounds and a passion for fintech, Asaak is equipping business owners and journeying with them to their bigger dream.
Credit Officers job at Asaak Financial Services
Asaak Financial Services
The Credit Officer will mobilize, appraise, disburse, monitor, and recover loans within their portfolio in line with the credit policies, procedures, and set targets.
Duties and Responsibilities:
The employee’s duties and responsibilities shall include but not be limited to:
Calling Asaak clients and encouraging them to repay their loans
Monitoring tracking devices in clients’ motorbikes and reporting suspicious behavior (including nights and weekends as needed)
Follow up on tracker removal and transfer of bike details
Update the resold bikes’ details and Name the new bikes in the tracking system.
Prepare and upload contracts into the AP
Disburse bikes to clients in line with approved disbursement lists as per company guidelines
Follow- up on insurance documents and ensure compensation of clients in line with insurance guidelines
Draft and disburse release letters to clients
Attend to and provide relevant information to clients at the office for restructures and impounded cases in line with company guidelines
Analyzing client loans within their respective portfolios and solving different client problems and complaints in line with company guidelines
Maintain a healthy portfolio under the assigned clients by initiating recovery actions for loans in default.
Contact clients and disburse 3rd party stickers
Follow up on clients to process permits and update permit list on disbursement days
Stay abreast of new types of loan products and other financial services and in order to better meet customers' needs.
Conducting field visits associated with recoveries and compliance, managing the assigned loan portfolio
Negotiate payment arrangements with customers who have delinquent loans.
Recommending repeat clients for new loans
Share weekly, bi-weekly and monthly reports in line with departmental guidelines.
Sensitise customers about Asaak loan products and services in line with the set targets.
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INDUSTRIAL
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RESIDENTIAL
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COMMERCIAL
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COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Person Specifications:
The job holder requires the following specifications:
Strong communication, interpersonal and analytical skills
Must possess excellent multi-tasking skills and ability.
Ability to work under pressure with minimum supervision
Ability to use a smartphone/computer and Google Applications is an advantage.
Must have a keen eye for detail
Ability to ride a motorcycle and possess a valid riding license with Class A will be an added advantage
Minimum Requirements:
Hold a minimum of a Bachelor’s degree in Business Administration, Marketing, Microfinance or other related field.
Have at least 1 year of working experience in Marketing, Collections, and Managing Credit portfolios
Prior experience as a loan officer is an advantage
Knowledge of Boda Boda financing is a plus.
Qualified applicants should send via e-mail their complete applications with a cover letter, curriculum vitae, copies of academic credentials and contact information for 3 professional references by Friday 2nd February 2024 by 5:00 pm addressed to
The HR & Administration office
Asaak Financial Services
careers@asaak.co
While we thank all applicants for showing interest, only short-listed candidates will be contacted for interviews.