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Job Title:  Head of Credit Risk Analysis

Organisation: Equity Bank Uganda Limited

Duty Station:  Kampala, Uganda

Reports to: Head of Credit

Job Ref: CREDIT/EQBUL 06/2024/2

About Organisation:

Equity Bank Uganda Limited is one of the region’s leading banks whose purpose IS to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. With a strong footprint in Uganda, Kenya, Tanzania, Rwanda, Southern Sudan and DR Congo, Equity Bank is now home to more than 12 million customers, the largest customer base in the Eastern African Region.

Job Summary:  The Head of Credit Risk Analysis is charged with  the  responsibility for   overseeing, definition of risk  appetite, development, and  implementation of risk  assessments for  new  products, pricing of new  and  existing products, setting credit strategy and  lending decisions, building state  of  the  are  scoring and  further decision models running, impairment  provision process and  development of  IFRS9  models, ensuring compliance with regulatory requirements, building and running a best in class  collections function

Key Duties and Responsibilities:

• Own the Credit Risk Management framework, including the development and maintenance of the credit risk policy, risk appetite statements and Key Risk Indicators.
• Define credit risk portfolio management requirements and own the associated monitoring, control and forecasting requirements.
• Develop and produce analytics and reporting on credit risk to ensure the bank is operating within risk appetite.
• Develop and regularly enhance a credit risk validation framework including validation guidelines, policies, and processes.
• Lead the Credit Risk Committees and Credit Risk related projects and participate and contribute to the periodic review of credit risk committee governance structures.
• Bank Portfolio Management and oversight of first line Credit book.
• Provide review and challenge of first line retail and whole sale credit; including any credit product launches.
• Oversee Bank credit risk model development and contribute to IFRS9 modelling.
• Contribute the setup of the overall Risk and Governance e function.
• Provide oversight and direction to the employees within the Credit Risk unit in accordance with the Bank’s policies and procedures.
• Coach, mentor and develop new staff including overseeing and onboarding new employees and providing career development planning and opportunities.
• Provide advice to all stakeholders in the Bank with respect to Credit risk management, policies, practices, and standards.
• Responsible for review and analysis of the Key Credit Risk Performance Indicators and perform monthly trend analysis.

Qualifications, Skills and Experience:

• University degree in Economics, Statistics, Accountancy, Finance or related discipline.
• Master’s degree in relevant field is an added advantage.
• Professional qualification in Credit risk management.
• At least eight [8) years of experience in financial institution within the Credit function at an organization of similar and complexity, five [5) of which   must   be at managerial level with experience in Credit, Risk Management, Corporate lending, policy, credit analysis, credit approval or Internal audit.
• Strong Managerial and leadership skills.
• Thorough statistical analysis of underlying data requiring regression and time series analyses.
• Understanding of risk factors that impact the credit quality of portfolios.
• Strong understanding of quantitative credit risk modelling [e.g. POs, LGDs, EADs, vintage analysis, migration matrices), and good understanding of portfolio credit metrics such as limits, expected and unexpected loss, capital allocation.
• Ability to work well under pressure and comfortably engage senior management.
• Knowledge of data analysis, data modelling and validation tools.

How to Apply:

All suitably qualified and interested candidates should submit their job application cover letters along with detailed resumes, copies of the relevant certificates and testimonials in a single PDF file format, quoting the respective Job title or Ref no. In the subject field to recruitment@equitybank.co.ug

Deadline: 28th June 2024

NB: Only shortlisted candidates will be contacted.

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