Legal Officer

FINCA International - Lusaka, Lusaka

Job closed

Contract

Contract type
Permanent
Application deadline
31/12/2018

Description

Position
Legal Officer
Industry
Vacancies
1
Description

– The Legal Officer is a member of the Legal Department. S/he deals with legal issues pertaining to the institution, is in charge of collection, developing and implementing collection policies and procedures.

-Make sure that every region has a securities register and that release of securities are properly recorded in the register.

-Audit securities in the branches to ensure that all the securities in the register are perfected and are properly filled.

Job Requirements

Loan Recovery Management



  • Initiate, implement and evaluate the effectiveness of collection strategies for delinquent loans.

  • Regularly review collection policies and procedures.

  • Prepare and regularly review collateral disposal policies.

  • Monitor plans of recovery including disposal of collaterals

  • Prepare annual budgets for recovery activities

  • Drawing Recovery Plans Every Friday of the week and to discuss with the Head of department pans and progress.

  • Participate in the end of month Review of the Recovery performance & recommending measures for improvement.

  • Liaise and provide the necessary support to branch staff on loan files, recovery of difficult cases and offer support in cases of attachment.

  • Ensuring that all collateral is attached and sold in accordance with established policies and procedures and proceeds from the sales are remitted/banked to FU on time.

  • Prepare regular and exceptional reports on the status of recovery

Requirements

Min education
Primary school
Required experience
4 Years
Nationality
Not defined
Languages
Not defined
Skills
Not defined
Prerequisites

.

Company

Employer name

FINCA International

Did not find vacancies of your interest?

Register to be informed when we have suitable positions for your profile.
By registering, you accept our Terms and conditions