Business Analyst Job Careers – DFCU Bank

Business Analyst Job Careers – DFCU Bank

Job Title:      Business Analyst

Organization: DFCU Bank

Duty Station: Kampala, Uganda

Reports to:  Manager – Management Reporting

About US:

DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.

Job Summary: The Business Analyst will support the business in appropriate and timely decision making through the execution of appropriate mechanisms to deliver consistent financial planning, forecasting, analysis and timely management reporting. The incumbent will liaise with the business on a day to day basis through the provision of guidance on financial reporting issues.

Key Duties and Responsibilities: 

  • Tasked with interpreting, explaining, reporting on and supporting performance drivers with the businesses.
  • Provide a dynamic industry, competitor and economic analysis as well as adhoc analysis and insights on specific areas of business through conducting market research.
  • Support the business in the preparation of dashboards for (Management Action Reviews (MARS), ALM, Channels, Assets and Liabilities Committee, Stress Testing, Regulatory & Board reporting, Scenario Analysis, Transfer Pricing etc.)
  • Support the budgeting and forecasting processes of the entire bank through collation of information, consolidation of budgets and challenging the business. This will involve specifically advising on key business planning assumptions, tradeoffs and opportunities.
  • Maintain a constant dialogue with supported domains to ensure maximum benefit from management and business intelligence reports.
  • Value addition through in-depth analysis on Non-Interest Income, business reporting in terms of Transfer Pricing and Branch Profitability and Profitability by Product.
  • Close monitoring of portfolio Vs Interest Income by Product and Currency to ensure interest is correctly being accrued and booked.
  • Focus on Non-Interest Income through close monitoring of activity fees Vs customer numbers / transaction volumes to ensure all non-interest income is correctly captured and charged.
  • Enhance analysis of trends in revenues by product and business segments to inform management and business teams accordingly.

Qualifications, Skills and Experience:

  • The applicant for the DFCU Bank Business Analyst job placement must hold a Bachelor’s Degree in Business/Statistics, Accounting or Finance.
  • Partly qualified in accounting profession with a recognized institute (ACCA, CPA, CIMA)
  • Three years of experience in similar field
  • Industry Knowledge of the banking sector, knowledge of IFRS and Ugandan Tax Legislation, Financial Institutions Act (FIA) 2004 and Amendments.
  • Fluency in spoken and written English.
  • Good computer literacy with excellent use MS Office.
  • Strong analytical and numeracy skills.
  • Good communication, negotiation and interpersonal skills.
  • Proactive self-starter able to work under own initiative.
  • Good understanding of business operations.

How to Apply:

All candidates who so wish to join the banking sector in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates (University Transcript, O & A level) to: Vacanciesbank@dfcugroup.com

Deadline: 9th July 2019

NB: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.

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