Senior Risk Officer – Uganda Development Bank Ltd (UDBL)
Job Title: Senior Risk Officer
Organisation: Uganda Development Bank Ltd (UDBL)
Duty Station: Kampala, Uganda
Reports to: Risk Manager
About US:
Uganda Development Bank Ltd (UDBL) is the country’s only Development Finance Institution (DFI) established in 1972. The Bank has recently re-positioned itself as a partner to the Government of Uganda in delivering the theme of its National Development Plan.
Key Duties and Responsibilities:
- Implement the Risk Management function of the Bank in line with the Risk Management Procedures and Policy
- Review procedures and report major risks facing the Bank in line with the Bank’s Risk Management procedures Regularly visit business units of the Bank and meet with its managers to promote imbedding risk management into the culture and daily activities of the Bank in line with best practice Maintain a cost benefit focus on Enterprise Risk Management in the Bank.
- Communicate and manage the establishment and ongoing maintenance of Enterprise Risk Management pursuant to the Bank’s risk management strategy.
- Develop and maintain a risk management capability in all Business units of the Bank in line with the Bank’s Risk Management policy
- Assess to establish whether Enterprise Risk Management is functioning in each business unit of the Bank and that all significant risks are being recognized and effectively managed in a timely manner.
- Work with the Banks business unit heads to ensure business plans and budgets include risk identification and management. Validate Key Risk Indicators (KRIs) identified by the business units and track threshold compliance.
- Liaise with the various business units of the Bank to identify and review the Bank’s risk profile and strategy in line with the Risk Management Framework of the Bank.
- Review/Update Portfolio Loss Event Database.
- Coordinate risk and control self-assessment (RCSA) in the Bank. Perform any other function as assigned by the Risk Manager.
- Implementation of department work plan.
- Establishment of risk management systems and procedures. Guidance and support given to different bank functions in the area of risk management.
- Effectiveness of risk policies in mitigating fraud and other loss events
- Existence of Enterprise risk management framework in the Bank.
Qualifications, Skills and Experience:
- The applicant must hold an Honors Degree in any business field.
- At least five years of cognate experience.
- A good understanding of the Banking Industry and the financial sector.
- A good understanding of Financial & Economic issues
- An excellent grasps of all dimensions of risks, lending and credit approval process.
- Strong interpersonal and communication skills.
- Ability to work under pressure.
- Integrity and sound judgment.
- Analytical.
- Organized.
- Responsive individual.
How to Apply:
All candidates should send their applications by hand delivery to Reception and addressed to:
The Director Strategy and Corporate affairs,
Uganda Development Bank Ltd,
Plot 6 Nakasero Road,
1st Floor Wing B,
Rwenzori Towers.
Deadline: 15th February 2019
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