Provide cost effective and timely legal advisory services and support to the Recovery Function at UGAFODE in order to foster effective management of Regulatory and Litigation risk and to facilitate the recovery of Non-Performing loans.
Co-ordinate the conduct of litigation matters in liaison with External Advocates, Bailiffs which includes but is not limited to reviewing pleadings, preparing instructions, supporting witnesses, instituting the suits, coordinating hearing dates and providing necessary documents to support timely resolution of UGAFODE’s cases.
Represent UGAFODE in Courts of Law, other fora of Alternative Dispute Resolution and participate in negotiating settlements in liaison with UGAFODE’s External Advocates and/ or the Credit Department.
Conduct due diligence on non-performing loans forwarded for legal action to support recovery and to ensure compliance with the legal regime, policies and implement the appropriate action.
Advise the credit department on the legislation on recovery of loans and Follow up, monitor the debt collectors to ensure all recovery mechanisms are done within the law
Maintain schedules of up-to-date litigation and recovery cases and prepare reports on litigation and recovery cases for Management consideration within the required timelines.
Address external and internal customer queries in accordance to Policy/ Service Level Agreement standards and timelines.
Maintain a record of relevant litigation and recovery correspondence/ files and ensure safe custody thereof.