UMA SACCO Ltd, is a Savings and Credit Cooperative Society for Medical Doctors in
Uganda which was established following a resolution of the Uganda Medical Association
(U.M.A) AGM of June 2011 in line with the Cooperative Societies Act CAP 112 as Amended and the Cooperative Societies Regulations 1992 with a vision of “A highly ethical and socioeconomically empowered society of medical doctors in Uganda”. UMA SACCO has its Head Office in Kampala but extends services to all members wherever they may be in Uganda and beyond.

Job Title: Loans Officer

Tenure: Contract UMA SACCO Level 2

Location: Head Office Kampala

Reports To: Manager

Contract Length: 2 Years Renewable

Age: 25 – 35 Years

Salary: UMA SACCO offers attractive remuneration packages and career growth opportunities.

JOB DUTIES

Loan Portfolio Growth

Develop and implement strategies to attract new borrowers and expand the cooperative’s lending reach.

Quality Loan Underwriting/Assessment

Conduct thorough credit assessments and risk evaluations for loan applicants, ensuring sound lending decisions.

Loan Application Processing

Process loan applications efficiently and accurately, ensuring timely communication with applicants.

Loan Disbursement and Documentation

Follow up on the disbursement of approved loans, ensuring compliance with loan terms and conditions.

Ensure all loan documentation is complete, accurate, and properly filed for audit and regulatory purposes.

Carry out product reviews and satisfaction surveys.

Member Education and Communication

Educate members about different loan products, repayment options, and financial literacy.

Provide clear and transparent communication to borrowers about their loan terms, rights, and responsibilities.

Loan Repayment Monitoring

Monitor loan accounts, track repayments, and proactively address any delinquent accounts.

Compliance and Regulatory Adherence

Stay updated on lending regulations and ensure loan processes align with legal requirements.

Report on the loan portfolio performance.

Cross-Functional Collaboration:

Collaborate with the finance team to reconcile loan-related financial transactions and ensure accurate reporting.

Work closely with the marketing team to contribute to loan product development and promotional efforts.

Process Improvement and Efficiency:

Identify opportunities to streamline and improve loan application and approval processes/policies.

Specifications

• A minimum of a business-related Bachelor’s Degree from a recognized University
• Training in credit management is an added advantage
• Computer literate with proficiency in Word, Excel, PowerPoint, and basic computer
  handling.
• At least 2 years of working experience with member-based credit service organizations/SACCOs is an added advantage.
• Must be detail-oriented with the ability to multi-task and maintain a strong focus on
  quality, and accuracy.
• Strong written and verbal communication skills
• Sound judgment and decision-making skills
• Strong analytical and organizational Skills
• High integrity and ethical standards
• Ability to work in a team

Application Procedure

All interested applicants should send a one document cover letter and CV to: The Secretary, UMA SACCO Ltd, P. O. Box 2243 Kampala.  On email recruitment@umasacco.com

All attachments must be merged in one document either Word or PDF format not exceeding 10Mbs.

No hard copy applications will be received.

Deadline: 15^th December 2023 11:59 pm