Summary
Date Posted: Thursday, December 21 2023, Base Salary: Not Disclosed

JOB DETAILS:
Job Description
Key Responsibilities:
• Ensure that the Master Operational Risk Policy is reviewed to adequately cover Bank of Uganda guidelines and Group standards.
• Actively participate in implementation of bank-wide procedures for operational risk identification, measurement, control and monitoring.
• Implement and manage the entire procedure for incident identification, investigation, analysis and the reporting of lessons learnt from incidents as well as lead the implementation of procedures for managing risk databases for losses, near-misses and abnormal gains in line with Basel II risk categorizations.
• Managing the Business Continuity and Crisis Management Plan and ensuring it’s well understood by all staff, tested & functioning effectively as well as champion the implementation of effective business resumption plans at corporate level and branch/departmental levels.
• Improve shareholder value by reducing visible and hidden costs arising due to process and procedure weaknesses.
• Bring to life the use of risk management tools e.g. key risk indicators, risk & control self-assessment, risk dashboards, risk heat maps etc. as well as lead the process of establishing risk registers at corporate level & departmental levels for sustainable focus on top risks of the bank.
• Drive and provide guidance on all new business initiatives i.e. products and projects for the bank and recommend appropriate changes in controls and monitoring procedures.
• Act as agent of change by proactively training and coaching staff in weak areas of risk management in line with established bank procedures, policies and regulatory requirements.
• Prepare operational risk reports for submission to Management Risk Committee, EXCO and/or Board Risk Committee to facilitate active risk oversight.

Minimum Position Qualification Requirements
• Bachelor’s degree in business or science related disciplines with mathematical background.
• Professional Qualifications: ACCA, CPAU, CIMA, ACIB, FRM, APRM, ACFE and CIA. Candidates at mid or final level can be considered.

Experience
• 3 Years of relevant experience.



Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure
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