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

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