Credit Risk Manager Career Opportunity – DFCU Bank

Job Title:             Credit Risk Manager
Organisation: DFCU Bank
Duty Station: Kampala,
Uganda
Reports to: Head of Risk
About US:
DFCU bank is a fast growing commercial bank offering a variety of
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
Job Summary: The Credit Risk
Manager will ensure that credit risk is properly managed under the Bank’s Risk
Internal Control and Assurance Framework and advise on risk appetite and risk
profile at a business unit level.
Key Duties and
Responsibilities:  
  • Develop
    Credit risk control enhancements to ensure that any known credit
    risks are controlled within acceptable risk appetite.
  • Render
    support in providing assurance that credit risk management within the bank
    is effective and understood at all levels.
  • Ensure
    all staff adhere to the Operational Risk policy in respect of
    incident reporting (both internal and external to the organization)
    seeking root cause analysis and addressing control deficiencies.
  • Actively
    participate in and lead Credit Risk Reviews to proactively identify significant
    potential risks in the Business and develop specific recommendations for
    the Business to action.
  • Facilitate
    the Credit Risk and Control Self-Assessment (KCSA) process
  • Risk
    representative on key bank-Credit projects
  • Responsible
    for the collation, analysis and publication of the Key Credit Risk
    and Performance Indicators and perform monthly trend analysis.
  • Support
    the Head of Risk in reviewing the Credit Policy and the maintenance of the
    Operational Risk Appetite statement.
  • Ensure
    Bank-wide Policies and Procedures conform to policy standards and
    are updated at least annually.
  • Keenly
    monitor the activities of the credit department to ensure that
    transactions undertaken do not breach set risk appetite and
    policies thereby ensuring that they are compliant with restrictions lay
    down by the Board, FIA.
  • Tasked
    with the identification of any change in transaction types undertaken by
    the Credit  Business that may
    affect the agreed Risk profile set by the Board, and FIA.
  • Tasked
    with the identification and reporting of any regulatory breaches created
    by excesses over agreed risk limits set by the Bank and the FIA.
  • Responsible
    for monitoring and reporting of agreed risk issues as part of the Risk
    Management Structure
     
Qualifications, Skills and
Experience:
  • The applicant for the DFCU Bank Credit
    Risk Manager job opportunity must hold a Bachelor’s Degree in business related discipline
  • A
    minimum of five years’ experience in Risk management /credit risk
    /internal audit.
  • Previous
    exposure and experience with the Regulatory environment for Banks and specifically
    the business / economic environment.
  • Working
    knowledge of banking and related products, risks and processes such that
    advice is as informed, appropriate and relevant to business needs
    as possible.
  • Previous
    experience with enterprise wide risk management practices.
  • Experience
    with dealing with reporting processes to board committees and corporate governance
    standards.
  • Excellent
    interviewing skills to enlist required information.
  • Computer
    literacy i.e. proficiency in Microsoft Word and Excel spreadsheets.
  • Ability
    to collect, analyse and evaluate information and the preparation of
    written concise reports of work performed plus recommendations.
  • Ability
    to communicate clearly and effectively, both orally and in writing.
  • Ability
    to foster cooperation and support of stakeholders.
  • Extensive
    knowledge of credit risk measurement techniques.
  • Broad
    knowledge and understanding of structure and value drivers of retail and
    wholesale banking products.
  • Possession
    of flexibility and ability to adapt appropriately to changing requirements
    and situations.
  • Analytical
    and possession of an objective and probing mind.
How to Apply:
All candidates who so wish to join the banking sector in the
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: Vacanciesbank@dfcugroup.com
Deadline: 14th July 2017

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