Job title: Junior Loans Officer

Division/Department: Sales
Company :

Platinum Credit Limited is a Microfinance Company licensed in Uganda under the Company’s Act and regulated by the Uganda Microfinance Regulation Authority (UMRA).

Founded in 2002, Platinum Credit has a vision to provide Emergency Loans to salaried and self-employed customer. We finance all Civil Servants, employees of selected private sector companies and the business community through a wide range of products.

Job Summary

To evaluate and approve loans within loan limits by reviewing applicants’ financial status, credit history, and property used as collateral.

Requirements

• Completion of the WRP cognitive assessment.
• Age not exceeding 29 years.
• Completion of the self-paced soft skills training under the Enable Project
• Graduation within the past 2 years.
• MUST be part of the Work Readiness Project/Enabel graduate placement

Description of Core Duties

• Detailed description of the main tasks performed by the job holder
• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Contact prospective customers to present information and explain available services. Explain technical product or service information to customers. Contact current or potential customers to promote products or services.
• Develop prospects from current commercial customers, referral leads, or sales or trade meetings. Identify potential customers.
• Make presentations on our products to groups and individuals to attract new clients. Deliver promotional presentations to current or prospective customers.
• Analyse applicants' financial status, credit risk, and collateral to determine the feasibility of granting loans.
• Obtain and compile copies of loan applicants' loan application documents, credit histories, corporate financial statements, and other financial information.
• Review and update the credit and loan files of the client.
• Compute loan schedules as required.
• Work with clients to identify their financial goals and to find ways of reaching those goals.
• Collect payments when they fall due and remind clients when the payments will fall due
• Negotiate payment arrangements with customers who have delinquent loans.
• Preparing and interpreting own report

Education, including specialized training

• Knowledge of customer service principles

Experience

• At least one year of relevant work experience, six months of which must be in a sales position.
• Knowledge of office administration

Other attributes

• Above average people skills/soft skills (includes listening skills, stress management)
• Analytical capabilities for report-writing purposes
• Integrity and ability to both work in and lead a dynamic team
• Verbal and written communication skills.
• good knowledge of company credit/lending policy
• Team player who can manage people efficiently in a changing environment.
• Good computer and database skills
• Ability to plan, multi-task, and manage time effectively

Work Conditions and Mental Applications

• Physical work surroundings: Risks and hazards encountered in work surroundings including travel frequency in the ordinary course of duty
• Mental application: The complexity, variety, and difficulty of the work and the amount of discretion and independent judgment required

Accountability and Responsibility

Supervision  

• The nature of supervision the jobholder receives, how independent he/she works, and how closely his/her work is supervised
• The role requires a high degree of independence with medium supervision.
• Other times, the role may require frequent interactions with the Team Supervisor and is held to account through results and agreed on key performance indicators

Accountability

• Extent to which the jobholder is expected to make and take decisions and what level of accountability has he/she for these decisions

Responsibility 

• The jobholder's responsibility over data or information (particularly access to and custody of such data or information) and sensitivity/confidentiality of such data
• The jobholder's responsibility over assets (value and type of assets that the jobholder is responsible for, including spending limits)
• The jobholder's responsibility over people

Other responsibilities.      

• The safety of company assets at the branch is highly needed.
• To participate in branch meetings.

Benefits
Salary UGX 500,000 Gross
Transport
Monthly commission ( performance based)
Weekly bonus UGX 50,000 ( performance based)
Airtime