Head of Risk Vacancy – Commercial Bank

Job Title:    Head of Risk
Organization: Commercial
Duty Station: Kampala,
About US:
Future Options
Consulting Ltd is an HR consultancy company which seeks to recruit on behalf of
its valued client, a leading commercial bank operating in Uganda for over the
last 20 years providing a full range of prudential lending and investment
Job Summary:  The Head of Risk will take the primary responsibility
for all matters concerned with Risk management in the bank including;
initiating risk management strategies, develop, and coordinate implementation,
monitoring and review of risk management policies, systems and programmes for
all divisions of the bank in accordance with the BOU prescribed guidelines, the
Bank’s policies and the relevant legislations and the corporate plan.
Key Duties and Responsibilities: 
Establish an integrated risk management framework
for all aspects of risk across the Bank
Develop risk management policies including the quantification
of management’s risk appetite through specific risk limits
Steer efforts to set and implement a set of
strategic risk parameters and metrics, including losses and incidents, key risk
exposures and early warning indicators
Assess the identified risks and measure the bank’s
exposures to them.
Allocate economic capital to business activities
based on risk, and optimize the Bank’s risk portfolio through business
activities and risk-transfer strategies.
In charge of monitoring and assessing decisions to
accept particular risks in line with the board approved risk strategies,
policies as well as risk tolerance.
Improve the company’s risk management readiness
through communication and training programs, risk-based performance measurement
and incentives and other change management programs
Develop the analytical, systems and data management
capabilities to support the risk management function
Continuously drive the risk management process
towards global best practices
Support management in developing and implementing
responses for each identified material risk
Perform political, economic, social and
technological (PEST) analysis to identify emerging risks for detailed analysis
and subsequent development of high-level control interventions manage emerging
Qualifications, Skills and
The applicant should preferably hold a Bachelor’s
Degree (MBA, MSC, MA, ML).
Possession of professional qualifications e.g. CFA,
ACCA, CISA) is desirable
At least twelve years of cognate experience
Detailed working knowledge of Credit Analysis
Innate knowledge of treasury operations
Broad market and product knowledge
High level of IT proficiency especially Excel.
Ability to think and act independently
Ability to work under pressure
High degree of integrity and sound judgement
How to Apply:
All suitably
qualified and interested candidates should send their applications and detailed
CVs, including a daytime telephone contact, three referees, quoting the
position to:  The Director, Future Options
Consulting Ltd, 4th Floor, Diamond Trust Building, Kampala Road, P.O. Box
34934, Kampala, Uganda or by email: reception@futureoptionsug.com. (Please
include the title of the position for which you are applying in the subject
line of the email).
NB: Only shortlisted candidates will be contacted.
Deadline: 24th August 2015
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