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Head of Risk Job Placement – KCB Bank
Job Title: Head
of Risk
of Risk
Organisation: KCB
Bank
Bank
Duty Station: Kampala,
Uganda
Uganda
Reports to:
Managing Director
Managing Director
About US:
KCB Bank Uganda
which is part of KCB Group, East Africa’s largest commercial bank that was
established in 1896. Over the years, the Bank has grown and spread its wings
into Tanzania, South Sudan, Uganda, Rwanda and Burundi completing the East
African circuit in the year 2012. Today, the Group has the largest branch
network in the region with over 238 branches, 950 ATMs and 8,000 agents
offering banking services on a 24/7 basis in East Africa. KCB Bank Uganda was established
in the year 2007 and has grown to become one of Uganda’s top ten commercial
banks. Currently KCB Bank Uganda has 14 branches complemented with 16 ATMs
spread on Kampala Road, Commercial Plaza, Ben Kiwanuka, Luwum Street, Oasis
Mall Sixth Street, Arua, Elgon Masaba, Fort Portal, Gulu, Hoima, Lira, Mbarara
and Jinja that offer trade financing, corporate and retail banking services to
customers.
which is part of KCB Group, East Africa’s largest commercial bank that was
established in 1896. Over the years, the Bank has grown and spread its wings
into Tanzania, South Sudan, Uganda, Rwanda and Burundi completing the East
African circuit in the year 2012. Today, the Group has the largest branch
network in the region with over 238 branches, 950 ATMs and 8,000 agents
offering banking services on a 24/7 basis in East Africa. KCB Bank Uganda was established
in the year 2007 and has grown to become one of Uganda’s top ten commercial
banks. Currently KCB Bank Uganda has 14 branches complemented with 16 ATMs
spread on Kampala Road, Commercial Plaza, Ben Kiwanuka, Luwum Street, Oasis
Mall Sixth Street, Arua, Elgon Masaba, Fort Portal, Gulu, Hoima, Lira, Mbarara
and Jinja that offer trade financing, corporate and retail banking services to
customers.
Job Summary: The Head of Risk is responsible for devising
mitigation strategies with line management and ensuring follow through to give
assurance to the Board, Group and Bank of Uganda [BOU], that bank—wide risks
are identified, measured, managed and reported in line with the BOU Risk
Management Guidelines, Group standards and by large best global practices. This
entails embedding the bank’s Enterprise Risk Management lERM] with a critical
role to proactively identify and understand the potential threats, identify
opportunities, actions or events that will adversely affect the bank’s ability
to achieve its objectives. The major responsibilities of this position will be
to customize Group policies & procedures with support from the group to
suit the local environment, specifically as regards to:
mitigation strategies with line management and ensuring follow through to give
assurance to the Board, Group and Bank of Uganda [BOU], that bank—wide risks
are identified, measured, managed and reported in line with the BOU Risk
Management Guidelines, Group standards and by large best global practices. This
entails embedding the bank’s Enterprise Risk Management lERM] with a critical
role to proactively identify and understand the potential threats, identify
opportunities, actions or events that will adversely affect the bank’s ability
to achieve its objectives. The major responsibilities of this position will be
to customize Group policies & procedures with support from the group to
suit the local environment, specifically as regards to:
Key Duties and Responsibilities:
Operational
- Develop and establish systems, policies and procedures to identify,
control, manage and measure bank-wide non-financial risk for the
subsidiary. - Ensure that bank-wide risk management policies, controls and
procedures, are effectively implemented, disseminated and complied with
across the subsidiary, - Develop Risk Reports for Country Senior Management, Central Group
Risk function and the Board to facilitate active risk oversight. - Develop and implement an effective country-wide business resumption
plan. - Improve shareholder returns through value— based management and
control and reduction of visible and hidden costs, - Ensure that the country’s risk framework is in accordance with
regulator guidelines and in conformity with Group requirements. - Establish a comprehensive and continuing training programme on the
various risks that the Bank faces so as to embed knowledge of policies and
procedures across the business.
Credit Risk
- Identify, measure, monitor and manage credit risks
- Monitor risk exposure limits and trends
- Develop Credit Risk Reports for Country Senior
- Management and Group Risk function
- Periodic review of risk mitigating tools
- Track and report exceptions to policies
- Ensure adequate controls over Credit Risk
- Establish an appropriate Credit Risk environment /culture at the
subsidiary - Guide the usage of the Credit Risk Management System
Market Risk
- Establishing an integrated country-wide framework for measuring and
monitoring all aspects of market risk across the firm; Implement Group
market risk management policies, procedures and controls; - Compiling pertinent analytical reports for the Group Assets and
Liabilities Committee (ALCO) - Optimizing the bank’s market risk portfolio through business
activities and risketransfer strategies; - Assisting with the development and customization of appropriate
market risk management technologies and solutions; and - Carrying out pertinent research and keeping abreast of relevant
developments /skills, techniques, concepts etc) in the market risk
management realm.
Strategic, Reputational
Risk & Ethics
Risk & Ethics
- Ensure the bank establishes adequate standards and procedures to
guide employees and agents in order to create reasonable stakeholder
expectations. - Ensure standards and expectations are institutionalized and
consistently enforced within the bank. - Evaluate and report on the bank’s performance against these
standards, procedures, and expectations. - Shape a healthy and positive business ethics culture for the
subsidiary through implementation of Group Ethics program - Enhance responsible Ethics management through implementation of
Ethics Compliance framework and encouraging compliance to standards and
procedures - Implementation of a Reputation Risk policy as guided by Group Risk
function - Implementation of a Reputational Risk Management Framework.
- Implementation of a Crisis Management Plan as guided by Group Risk
function - Enhance Health and Safety through implementation of a policy on
environmental impacts in investment.
Qualifications, Skills and Experience:
- The ideal candidate must hold a university degree, preferably in a
business related or science discipline from a reputable and recognized
institution. - Possession of a Master’s degree or Professional qualifications e.g.
CPAU, CA, ACCA, ACIB, etc. would be an added advantage. - Specialized training in risk management and a strong conceptual
awareness of Basel ll requirements. - Seven years of broad banking experience; at least 3 years of which
should be as a leader in a Risk function. - Knowledge of bank—wide business functional processes as well as
banking products and services. - Strong leadership skills and governance awareness.
- Able to communicate to all stakeholders very well and clearly.
- Knowledge of the Financial institutions Act and Banking Regulatory
guidelines, - Strong business acumen and financial analysis.
- Excellent Judgment abilities whilst aware of risk-return.
How to Apply:
All candidates are
encouraged to apply online at the link below.
encouraged to apply online at the link below.
Deadline: 17th April 2019
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