Reporting to the Loans Manager, the successful candidate will be required to play a major role in reducing delinquency to the acceptable level and improve the loan portfolio quality by initiating and applying effective collections and debt management strategies.

The successful candidate MUST possess the following:

• A Bachelors Degree in business administration, finance or the equivalent
• Team player with excellent interpersonal skills and effective negotiation skills
• Ability to make sound judgment in reviewing accounts
• Good understanding of members’ needs and the collection process to determine the member’s financial obligations
• Have a sound knowledge in legal processes
• Highly developed cognitive and communication skills
• Results oriented
• At least three years working experience in a similar position

Interested persons may send application and resume by September 3, 2010 to:
The Human Resource Officer
St. Thomas Co-operative Credit Union Ltd.
26 Queen Street, Morant Bay, St. Thomas
Email: admin_gen@stccu.com

Only short-listed candidates will be contacted.

Documentary requirements include proof of ownership of the property, proof of income, identification, and a detailed estimate of work to be done or item to be bought, including the labour cost. The loan also has an insurance component that’s based on the replacement cost of the property, which is included in the monthly payment for peril insurance.

For more information about the ‘Storm’ loan, please contact your nearest Jamaica National branch.

Micro Enterprise Financing Ltd. is seeking the services of highly motivated proactive individuals with a preference for fieldwork, to fill the post of FIELD LOAN OFFICERS for the following locations: Kingston, Linstead, Savanna-la-mar, Brown’s Town, Mandeville.

Applicants must own a reliable motor car, and will be required to develop new business opportunities and expand existing connections, specifically:

• Promote the project in selected communities
• Assist with the development and training of individuals applying for loans
• Building a loan portfolio with minimum delinquency
• Network with community leaders and organizations

Applicants should preferably have:

• Diploma in Business Administration, Accounts, Finance or Marketing or
• A minimum of five CXC or GCE O’ level subjects including math or accounts, and a minimum of three years related work experience
• Personal committment to serving the economic needs of low income persons,
• Must be a good communicator

Resume must bne delivered or mailed/emailed no later than September 3, 2010 to:
The Human Resources Department
Micro Enterprise Financing Limited
12 Duke Street, Kingston
email: microenterprise@cwjamaica.com

Note – only short-listed applicants will be contacted.

Core functions: The field loan officer is responsible to ensure the building and maintaining of close relationships with the community, primarily to develop and administer new business opportunities, and grow the company’s loan portfolio. The successful candidate will be expected to foster and sustain a high quality loan portfolio and meet or exceed related revenue targets. (S)He will be required to provide excellent customer service at all times within the established standards and procedures of the company, and keep tight control to achieve a consistent low loan delinquency rate.

Minimum qualifications and work experience:

• Diploma in Business Administration/Marketing/Finance/Accounting or related discipline
• A minimum of two years related work experience
• Have in-depth knowledge of local communities, particularly in the assigned area
• Personal commitment to serving the economic needs of low-income entrepreneurs
• A good understanding and strong commitment to the entrepreneurial vision
• Own a reliable motor vehicle
• Microfinance experience will be an asset

The majority of most work days will be spent in the field, with the incumbent required to travel to conduct marketing activities and customer calls outside his/her office.

Each applicant must send a detailed resume with contact information for at least two references by Wednesday, September 1, 2010, to the email address loan.officer@gmail.com

Applications are invited for the position of CREDIT OFFICER

Main duties include:

• Collect accounts receivables in a timely manner
• Reconcile customer accounts and collection documents
• Maintain and update customer files
• Prepare credit and collection correspondence
• Execute activities related to the credit process including
  - order approval
  - customer visitation
  - report preparation

The successful candidate should possess:

• Proven ability to manage accounts receivable portfolio
• Ability to manage well under pressure
• Excellent communication skills, both written and oral
• Excellent time management skills
• The ability to supervise and delegate effectively
• Flexibility to work on shifts and weekends
• Flexibility to travel or work in different parishes
• A reliable motor car

Qualifications:

• First degree in accounting or tertiary level qualification in accounting
• Five years working experience in similar capacity; with a distribution organization

Interested applicants are asked to send in their applications and resumes no later than September 1, 2010 to:

CREDIT VACANCY
Human Resources Department
Wisynco Group Ltd.
White Marl, St. Catherine

or

careers@wisynco.com

NCB Auto Equity Loan
Need Cash? Borrow the money from your car!

• Borrow up to $6 million
• Get up to 5 1/2 years to repay
• Available for vehicles up to 5 years old
• One payment holiday annually

For more information, please visit your nearest NCB branch, or call 1-888-622-3477.

First Regional Co-operative Credit Union (FRCCU) is bucking the trend of home-loan providers, holding mortgage rates firm despite interest rates on bank loans heading south. First Regional, with 10 locations spread over two parishes – St Mary and St Ann – has slashed five per cent off the previous interest rate of 18.5 per cent to 13.5 per cent … more here

Back to school never felt so good!
GSB Educator Supreme Loan
Low interest rate – 13.49% – on reducing balance

• Borrow up to $300,000* (secured) with 12 months to repay
• No committment fee
• Share requirement (only 5% of loan amount)
• Available from August 17 – September 17, 2010

For more information, please visit your nearest GSB credit union branch or call 1-888-225-5472.

First Global’s president, Maureen Hayden-Cater, is quoted in a recent release stating that “The decision was made in response to a reduction in market interest rates and FGB’s commitment to provide our customers with affordable solutions to meet their personal and financial goals, while stimulating the economy.“

Use the equity in your home or motor car to finance your children’s tertiary education …
- Borrow up to 1 million dollars
- Get up to 10 years to repay
- Interest rate 16.5% p.a.
- Share equity 0%
- Conditions apply

Call your nearest branch of the C&WJ (Communications & Other Workers of Jamaica) Co-operative Credit Union Ltd.
You may also call 936-3800 or email cwjcu@cwjamaica.com