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Tuesday, April 9, 2019

Head of Risk Job at KCB Bank - Career Opportunity in Uganda

Vacancy title:
Head of Risk

Jobs at:
KCB Bank

Deadline of this Job:

17th April 2019
Duty Station:
Kampala , Uganda , East Africa , 00256 , UG

Date Posted: 8th April 2019 , Base Salary: Not Disclosed , Employment Type: Full_Time , Currency: UGX , Value: 2000000 , Minimum: 1400000 , Maximum: 6000000 , Period: MONTH

Position: Head of Risk
Reporting to the Managing Director, the job holder is responsible for devising mitigation strategies with line management and ensuring follow through to give assurance to the Board, Group and Bank of Uganda [BOU], that bank—wide risks are identified, measured, managed and reported in line with the BOU Risk Management Guidelines, Group standards and by large best global practices. This entails embedding the bank's Enterprise Risk Management lERM] with a critical role to proactively identify and understand the potential threats, identify opportunities, actions or events that will adversely affect the bank's ability to achieve its objectives..

Key Responsibilities
The major responsibilities of this position will be to customize Group policies & procedures with support from the group to suit the local environment, specifically as regards to:
• Develop and establish systems, policies and procedures to identify, control, manage and measure bank-wide non-financial risk for the subsidiary.
• Ensure that bank-wide risk management policies, controls and procedures, are effectively implemented, disseminated and complied with across the subsidiary,
• Develop Risk Reports for Country Senior Management, Central Group Risk function and the Board to facilitate active risk oversight.
• Develop and implement an effective country
• wide business resumption plan.
• Improve shareholder returns through value— based management and control and reduction of visible and hidden costs,
• Ensure that the country's risk framework is in accordance with regulator guidelines and in conformity with Group requirements.
• Establish a comprehensive and continuing training programme on the various risks that the Bank faces so as to embed knowledge of policies and procedures across the business.
Credit Risk
• Identify, measure, monitor and manage credit risks
• Monitor risk exposure limits and trends
• Develop Credit Risk Reports for Country Senior
• Management and Group Risk function
• Periodic review of risk mitigating tools
• Track and report exceptions to policies
• Ensure adequate controls over Credit Risk
• Establish an appropriate Credit Risk environment /culture at the subsidiary
• Guide the usage of the Credit Risk Management System
Market Risk
• Establishing an integrated country-wide framework for measuring and monitoring all aspects of market risk across the firm; Implement Group market risk management policies, procedures and controls;
• Compiling pertinent analytical reports for the Group Assets and Liabilities Committee (ALCO)
• Optimizing the bank's market risk portfolio through business activities and risketransfer strategies;
• Assisting with the development and customization of appropriate market risk management technologies and solutions; and
• Carrying out pertinent research and keeping abreast of relevant developments /skills, techniques, concepts etc) in the market risk management realm.
Strategic, Reputational Risk & Ethics
• Ensure the bank establishes adequate standards and procesdures to guide employees and agents in order to create reasonable stakeaholder expectations.
• Ensure standards and expectations are institutionalized and consistently enforced within the bank.
• Evaluate and report on the bank's performance against these standards, procedures, and expectations.
• Shape a healthy and positive business ethics culture for the subsidiary through implementation of Group Ethics program
• Enhance responsible Ethics management through implementation of Ethics Compliance framework and encouraging compliance to standards and procedures
• Implementation of a Reputation Risk policy as guided by Group Risk function
• Implementation of a Reputational Risk Management Framework.
• Implementation of a Crisis Management Plan as guided by Group Risk function
• Enhance Health and Safety through implementation of a policy on environmental impacts in investment.

The Person
For the above position, the successful applicant should meet the following criteria:
• A university degree, preferably in a business related or science discipline from a reputable and recognized institution.
• Possession of a Master's degree or Professional qualifications e.g. CPAU, CA, ACCA, ACIB, etc. would be an added advantage.
• Specialized training in risk management and a strong conceptual awareness of Basel ll requirements.
• A minimum of 7 years broad banking experience; at least 3 years of which should be as a leader in a Risk function.
• Knowledge of bank—wide business functional processes as well as banking products and services.
• Strong leadership skills and governance awareness.
• Able to communicate to all stakeholders very well and clearly.
• Knowledge of the Financial institutions Act and Banking Regulatory guidelines,
• Strong business acumen and financial analysis.
• Excellent Judgment abilities whilst aware of risk-return.

Job application procedure
The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidate. lf you believe you can clearly demonstrate your abilities to meet the criteria given above, please visit our website and use the link to log in to our Recruitment portal to submit your application with a detailed CV.
To be considered your application must be received by Wednesday, 17th April 2019

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