Background

Bank of India (UI) Ltd invites applications for employment from suitably qualified Ugandan Citizens willing to serve in the following positions at our Head office -

Job Purpose:

The Risk Manager cum ESG Champion shall coordinate the development and implementation of the Risk Management policies and strategies to wards fulfillment of the Bank’s Mission and strategic goals.

Job Responsibilities:

• Monitor ESG Risk exposure to the capital of the bank through regulatory guidelines.
• Report incidences of violation of banks ESG frame work and track all exceptions
• Ensure ESG reporting requirements are observed including the adoption of risk monitoring toolkits
• Pro-actively analyses data and flag gaps in utilized opportunities for green lending.
• Drive ESG culture and mind set across the business and all its stakeholders.

Risk Management Responsibilities:

• Develop and implement Risk Management program, system and procedures for the identification, assessment and management of potential risks in liaison with the Risk owners/process owners in compliance with applicable Risk Management standards.
• Develop and implement an effective and cost efficient risk monitoring, evaluation, control and reporting framework and report to management on monthly, quarterly and annual basis as appropriate.
• Ensure that all possible risks are identified, analyzed, assessed in a timely manner and appropriate risk responses formulated and implemented.
• Develop and implement an effective and cost-efficient risk monitoring, evaluation, control and reporting framework and report to Management and Board on a monthly, quarterly and annual basis as appropriate.
• Ensure that Management and staff are continuously trained and sensitized on Risk Management.
• Perform periodic tests to confirm compliance with regulatory requirements and ensure that the Bank’s standards continue to be monitored effectively by Line Management.
• Timely preparation of various returns, reports as per regulatory / shareholder requirement.
• Perform political, economic, social and technological (PEST) analysis to identify emerging risks facing the Bank.
• Quick resolution of Audit reports (Internal, External, Parent Bank, BOU, etc.)
• Any other duties assigned by Management/Board from time to time.

PERSON SPECIFICATION MINIMUM QUALIFICATIONS

The ideal candidate will have the following:

• Must have a Bachelor’s degree in either Business administration, Commerce, Accounting and Finance or any other business related field.
• Any additional qualification in ESG will be preferred.

EXPERIENCE

• Minimum of 5 progressive years of experience in banks, at least 3 years at a supervisory or Managerial level in Risk department in a Bank / financial institution.
• Demonstrated experience in various risk management and ESG risk in particular.

TECHNICAL COMPETENCES

• Up to date Knowledge of methodologies and trends in both business risk and ESG matters.
• Knowledge and understanding of Risk Management of Banking system in Uganda.
• Suitable basic knowledge in IT is a must

BEHAVIOURAL COMPETENCES

• Highly organized person, with ability to multitask with ease, Leadership skills, Integrity, Team player, and Emotional intelligence skills.

PHYSICAL DEMAND OF THE JOB

The job requires maximum concentration.

Age

Preferably below 40 years. However, Management reserves the right for determining the age criteria even below /above 40 years keeping in view the experience/qualifications, etc.

• Monitor ESG Risk exposure to the capital of the bank through regulatory guidelines.
• Report incidences of violation of banks ESG frame work and track all exceptions
• Ensure ESG reporting requirements are observed including the adoption of risk monitoring toolkits
• Pro-actively analyses data and flag gaps in utilized opportunities for green lending.
• Drive ESG culture and mind set across the business and all its stakeholders.
• Develop and implement Risk Management program, system and procedures for the identification, assessment and management of potential risks in liaison with the Risk owners/process owners in compliance with applicable Risk Management standards.
• Develop and implement an effective and cost efficient risk monitoring, evaluation, control and reporting framework and report to management on monthly, quarterly and annual basis as appropriate.
• Ensure that all possible risks are identified, analyzed, assessed in a timely manner and appropriate risk responses formulated and implemented.
• Develop and implement an effective and cost-efficient risk monitoring, evaluation, control and reporting framework and report to Management and Board on a monthly, quarterly and annual basis as appropriate.
• Ensure that Management and staff are continuously trained and sensitized on Risk Management.
• Perform periodic tests to confirm compliance with regulatory requirements and ensure that the Bank’s standards continue to be monitored effectively by Line Management.
• Timely preparation of various returns, reports as per regulatory / shareholder requirement.
• Perform political, economic, social and technological (PEST) analysis to identify emerging risks facing the Bank.
• Quick resolution of Audit reports (Internal, External, Parent Bank, BOU, etc.)
• Any other duties assigned by Management/Board from time to time.

• Up to date Knowledge of methodologies and trends in both business risk and ESG matters.
• Knowledge and understanding of Risk Management of Banking system in Uganda.
• Suitable basic knowledge in IT is a must
• Highly organized person, with ability to multitask with ease, Leadership skills, Integrity, Team player, and Emotional intelligence skills.

• Must have a Bachelor’s degree in either Business administration, Commerce, Accounting and Finance or any other business related field.
• Any additional qualification in ESG will be preferred.