KEY RESPONSIBILITIES

JOB DESCRIPTION

BUSINESS AND FINANCIAL PERFORMANCE

Objective: Ensure portfolio quality, accurate impairment provisioning, and effective credit risk portfolio monitoring to support the Bank’s financial performance.

Key Responsibilities

• Continuously review the adequacy of loan loss provisions in line with BOU Prudential Guidelines and the IFRS9 impairment model and recommend appropriate provision levels.
• Maintain a comprehensive provision schedule and undertake quarterly discounting of securities for NPLs.
• Review account classification and IFRS9 staging and recommend the correct classification.
• Work with Group Risk Analytics to recalibrate the IFRS9 impairment model annually.
• Track recoveries and regularly report write-off statistics.
• Monitor portfolio concentrations against approved limits (obligor, sector, product, cross-border, currency, etc.).
• Monitor sector concentration limits.
• Monitor PP limits and PP performance matrices.
• Monitor compliance with credit-related regulatory ratios.
• Review NPL portfolios and initiate write-offs, write-backs, and interest write-offs in line with the In Duplum Rule.
• Ensure provisions and suspended interest are correctly booked at all times.

CUSTOMER CENTRICITY

Objective: Deliver timely and reliable credit portfolio information to internal stakeholders while fostering effective collaboration and support.

Key Responsibilities

• Coordinate and collaborate with Finance, Operations, Treasury, and Business Units in the preparation of credit-related reports.
• Follow up with Business Units on IFRS9 staging override memos and facilitate timely approvals.
• Prepare and provide timely management information and portfolio performance reports to stakeholders.
• Serve as the key point of contact for portfolio and impairment-related matters during internal and external reviews.
• Ensure accurate and timely reporting to support business decision-making and regulatory compliance.

CONTROLS AND PROCESSES

Objective: Maintain strong governance, data integrity, reporting accuracy, and regulatory compliance across portfolio management activities.

Key Responsibilities

• Ensure timely and accurate preparation of all regulatory returns, Group returns, and management reports.
• Review and sign off all credit-related reports prepared by the unit.
• Prepare Quarterly Board Papers within the prescribed timelines.
• Prepare Quarterly Portfolio Performance Reports for Credit Risk Management.
• Prepare the monthly EXCO Credit Risk Dashboard.
• Review and ensure accurate MIS maintenance in the core banking system, including classification, risk ratings, sector allocation, and IFRS9 staging.
• Ensure all loan-related GL accounts reconcile at all times.
• Oversee CRB reporting and ensure regular data clean-up and updating of settled facilities.
• Provide portfolio reports and information required by external auditors, BOU auditors, and Group auditors.
• Act as the primary liaison during audits relating to portfolio quality, classification, provisioning, and impairments.

MUST-WIN BATTLES

Objective: Drive strategic initiatives, digital transformation, and regulatory projects that strengthen credit risk management capabilities.

Key Responsibilities

• Lead and oversee the BOU Granular Data Integration Project and ensure seamless operations post-implementation.
• Act as Project Manager for all automation initiatives within the Credit Risk Management Department.
• Drive continuous improvement in portfolio reporting, data quality, and regulatory reporting processes.
• Support enhancements to IFRS9 governance and portfolio analytics capabilities.
• Champion automation and efficiency initiatives aimed at improving credit risk monitoring and reporting.

PEOPLE MANAGEMENT

Objective: Build a high-performing team and ensure effective execution of departmental objectives.

Key Responsibilities

• Manage, coach, and develop Portfolio Analysts within the unit.
• Set performance objectives and conduct periodic performance reviews.
• Provide technical guidance and quality assurance for reports prepared by team members.
• Foster a culture of accountability, collaboration, continuous improvement, and regulatory compliance.
• Support knowledge sharing and capability building within the Credit Risk Management function.

JOB PROFILE/ REQUIREMENTS

Experience & Qualifications

• Bachelor’s Degree in Mathematics, Statistics, Economics, Finance.
• Minimum 5years banking experience, two of which must have been in a credit-related role.
• Extensive experience in working with MS Excel and Powerpoint.
• Minimum 2 years in portfolio analytics

Competence Requirements

• Sound knowledge of Bank of Uganda Prudential Guidelines, IFRS9, Financial Institutions Act;
• Understanding of credit risk and general trends in the banking sector;
• Technical skills to effectively perform the credit administration activities/tasks in a manner that consistently produce high quality of service.
• Knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks.
• Self-empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture.
• Initiative and decision-making techniques aimed at resolving and proposing solutions to the various challenges in Credit administration.
• People managements skills and ability to work across functions.

• Continuously review the adequacy of loan loss provisions in line with BOU Prudential Guidelines and the IFRS9 impairment model and recommend appropriate provision levels.
• Maintain a comprehensive provision schedule and undertake quarterly discounting of securities for NPLs.
• Review account classification and IFRS9 staging and recommend the correct classification.
• Work with Group Risk Analytics to recalibrate the IFRS9 impairment model annually.
• Track recoveries and regularly report write-off statistics.
• Monitor portfolio concentrations against approved limits (obligor, sector, product, cross-border, currency, etc.).
• Monitor sector concentration limits.
• Monitor PP limits and PP performance matrices.
• Monitor compliance with credit-related regulatory ratios.
• Review NPL portfolios and initiate write-offs, write-backs, and interest write-offs in line with the In Duplum Rule.
• Ensure provisions and suspended interest are correctly booked at all times.
• Coordinate and collaborate with Finance, Operations, Treasury, and Business Units in the preparation of credit-related reports.
• Follow up with Business Units on IFRS9 staging override memos and facilitate timely approvals.
• Prepare and provide timely management information and portfolio performance reports to stakeholders.
• Serve as the key point of contact for portfolio and impairment-related matters during internal and external reviews.
• Ensure accurate and timely reporting to support business decision-making and regulatory compliance.
• Ensure timely and accurate preparation of all regulatory returns, Group returns, and management reports.
• Review and sign off all credit-related reports prepared by the unit.
• Prepare Quarterly Board Papers within the prescribed timelines.
• Prepare Quarterly Portfolio Performance Reports for Credit Risk Management.
• Prepare the monthly EXCO Credit Risk Dashboard.
• Review and ensure accurate MIS maintenance in the core banking system, including classification, risk ratings, sector allocation, and IFRS9 staging.
• Ensure all loan-related GL accounts reconcile at all times.
• Oversee CRB reporting and ensure regular data clean-up and updating of settled facilities.
• Provide portfolio reports and information required by external auditors, BOU auditors, and Group auditors.
• Act as the primary liaison during audits relating to portfolio quality, classification, provisioning, and impairments.
• Lead and oversee the BOU Granular Data Integration Project and ensure seamless operations post-implementation.
• Act as Project Manager for all automation initiatives within the Credit Risk Management Department.
• Drive continuous improvement in portfolio reporting, data quality, and regulatory reporting processes.
• Support enhancements to IFRS9 governance and portfolio analytics capabilities.
• Champion automation and efficiency initiatives aimed at improving credit risk monitoring and reporting.
• Manage, coach, and develop Portfolio Analysts within the unit.
• Set performance objectives and conduct periodic performance reviews.
• Provide technical guidance and quality assurance for reports prepared by team members.
• Foster a culture of accountability, collaboration, continuous improvement, and regulatory compliance.
• Support knowledge sharing and capability building within the Credit Risk Management function.

• Extensive experience in working with MS Excel and Powerpoint.
• Sound knowledge of Bank of Uganda Prudential Guidelines, IFRS9, Financial Institutions Act;
• Understanding of credit risk and general trends in the banking sector;
• Technical skills to effectively perform the credit administration activities/tasks in a manner that consistently produce high quality of service.
• Knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks.
• Self-empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture.
• Initiative and decision-making techniques aimed at resolving and proposing solutions to the various challenges in Credit administration.
• People managements skills and ability to work across functions.

• Bachelor’s Degree in Mathematics, Statistics, Economics, Finance.
• Minimum 5years banking experience, two of which must have been in a credit-related role.
• Minimum 2 years in portfolio analytics