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Saturday, February 10, 2018

Project Supervisor Job at Uganda Development Bank Ltd - Career Opportunity in Uganda

Vacancy title:
Project Supervisor

Jobs at:
Uganda Development Bank Ltd

Deadline of this Job:
23rd February 2018

Duty Station:
Kampala, Uganda



JOB DETAILS:
DEPARTMENT: Credit Risk
SCALE: UDBL 05
REPORTS TO: Senior Manager Credit
SUPERVISES: Project Officer(s)
JOB SUMMARY/PURPOSE
The Project Supervisor, through regular interaction with the Bank’s clients, ensures the efficient implementation of customers’ projects financed by the Bank.

ACCOUNTABILITY STATEMENT
The project Supervisor is responsible for ensuring that all customer projects financed by UDB are implemented within the agreed cost, time schedules and scope; that they meet the technical expectations, any deviations are proactively identified and remedied; and that all project implementation covenants, conditions precedent and milestones are adhered to.

PRINCIPLE DUTIES & RESPONSIBILITIES
The Project Supervisor shall be responsible for:

  • Establishing, during the implementation stage, whether the project/actual developments are proceeding in accordance with the project plans, and take proactive steps, in liason with the customer, to remedy any deviations to the plan
  • Reviewing the operational results and financial performance of each project at the post-implementation stage as compared with: the prognosis of the operational performance which was the basis of the investment and the actual operational performance of the industry in which the project operates
  • identifying potential problems which may lead to deviations from the project plans and assist the sponsors to solve these problems so that the objectives of the projects are achieved.
  • Continuously improving the UDBL’s operating procedures such as investment policies and guidelines based on the experiences gained from supervision of these projects.
  • Credit Risk Supervision, including the monitoring of Borrower performance and the Credit Risk grading of each loan in the portfolio (at least annually, but in accordance with the Credit Risk Management Policy) and the loan portfolio and where appropriate recommending corrective actions to ensure adherence to Credit Policy or to identify credit deterioration as soon as practicable.
  • Following up to ensure timely legal documentation and fulfilment of pre-disbursement conditions
  • Ensuring that UDB disbursement is according to recommended procurement procedures and standards.
  • Conducting periodic project visits, to obtain up-to-date information on operations, management and implementation of projects, ensure ongoing compliance to various standards such as environmental, legislation, legal contracts, taxes, etc;
  • Receiving and reviewing reports to monitor performance of client.
  • Preparation of progress reports, assessing performance of projects and timely recommendation of appropriate action to deal with problematic projects.
  • Where applicable, liaise with the Remediation unit to ensure projects in distress are appropriately rehabilitated.
  • Supervise project implementation
  • Advise management on appropriate steps to remedy deviation from project plan
  • Provide project advisory services
LEVEL OF AUTHORITY
  • Supervise project implementation
  • Advise management on appropriate steps to remedy deviation from project plan
  • Provide project advisory services
RELATIONSHIPS
Internally: All UDB Departments
Externally: UDBL Customers
REQUIREMENTS
  • A numerate degree with accounting, finance or engineering
  • Possession of professional qualification like CFA, ACCA and CPA OR certification in Project Planning & Management will be an added advantage.
  • 5 years related experience in credit analysis and loan documentation and processing in a banking institution
  • Previous project supervision experience highly desirable
REQUIRED COMPETENCES
  • A numerate degree with accounting, finance or engineering
  • Possession of professional qualification like CFA, ACCA and CPA OR certification in Project Planning & Management will be an added advantage.
  • 5 years related experience in credit analysis and loan documentation and processing in a banking institution
  • Previous project supervision experience highly desirable
Job application procedure
Applications should be hand delivered to:
The Director HR & Administration,
Uganda Development Bank Ltd, Plot 6 Nakasero Road,
1st Floor Wing B, Rwenzori Towers, P. 0. Box 7210, Kampala.
The closing date is 23rd February 2018 by 5:00pm.