Debt Collection Officer job at Pride Microfinance Limited

Pride Microfinance Limited

Debt Collection Officer job Post

Location: Jobs in Uganda 2022 - 2023

Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: 15 September 2022

Hiring Organization: Pride Microfinance Limited

Job Details:

JR/2022/124 - Debt Collection Officer
Age Limit: 35 Years
Experience: 1 Years
No. of Vacancies: 1
Minimum Academic Qualification Required: Diploma
Deadline: 15/Sep/2022

Main purpose of the job:
Recovery of bad/written off loans extended in accordance with Pride’s policies and procedures and the laws of Uganda.

Duties and responsibilities:
• Recovery of bad/written off loans.
• Survey and investigate clients’ files for cases of defaulting.
• Visit defaulting clients.
• Delivering of recall letters and ensuring follow up.
• Prepare and deliver demand letters to defaulters and follow up on payments.
• Prepare and submit weekly and monthly progress reports.
• Train staff on debt recovery skills.
Liaise with law enforcement on recovery.
• Peruse clients’ files to establish type and location of security.
• Visit locations to establish the availability of property for attachment.
• Contact law enforcement for purposes of attachment.
• Place and distribute notices of sale.
• Identify the highest bidder and negotiate terms for the sale of attached assets.
• Arrange with the respective branch for consent to sale and requisition of the sale agreement.
Facilitate the prosecution of loan defaulters.
• Investigate cases of defaulting.
• Gather information on clients from the Credit Department.
• Report matters of criminal nature to the police.
• Organise potential witnesses to make statements.

Qualifications:
• A Diploma in law. (Lawyers are advised not to apply)

Experience:
• At least one year experience in debt collection or law enforcement.