Position Title: Head of Risk
Organisation: BANK OF AFRICA – UGANDA Ltd
Deadline: Monday, 20th January
2014
Reporting: to the
Executive Director
Background Information:
BANK OF AFRICA – UGANDA Ltd. is part of GROUPE BANK OF AFRICA (BOA)
comprising 16 Commercial Banks, 3 Leasing Companies, 2 Investment Companies, a
Stock Brokerage Company, an Asset Management Company and a Mortgage Bank. It
spans 15 African countries and France, employing over 5,000 people. BOA
believes in Transparency, Expertise, Proximity and Responsibility.
BANK OF AFRICA - UGANDA Ltd. is seeking applications from qualified persons
who are accomplished to take up the position of Head of Risk. The position will
be reporting to the Executive Director and will be responsible for the
following:
Position Function:
To facilitate the execution of Enterprise Risk Management (ERM) processes
and infrastructure as a key enabler to achieving the business objectives of the
Bank sustainably.
Apply to: Human Resources Manager
Email: boajobs@boauganda.com
Address: Plot 45, Jinja Road
Deadline: Monday, 20th January 2014
Qualifications:
·
Bachelors’ degree in a Business,
Finance, Statistics, Mathematics, Economics, Accounting or other quantitative
fields
·
Masters’ Degree or Professional
Qualifications in relevant fields e.g. finance, ICT security, banking is
desirable
·
8 years’ experience in Business
(preferably Banking); 3 of which should be at senior management level
·
Strong grasp of ERM principles
and philosophy
·
Solid computer competency in Microsoft Excel Spread-sheets, Word, and
PowerPoint
·
Solid grasp and interpretation of
industrial and national economic trends
·
Strong strategic and conceptual
skills
·
Proven Leadership and people
management skills
·
Customer centricity
·
Solid business acumen and
financial skills
·
Strong analytical and problem
solving skills
·
Strong decision-making, conflict
resolution and problem solving skills
·
Very strong presentation skills,
verbal and written communication skills, French is desirable
·
Team player with strong
interpersonal skills and the ability to build internal and external networks
·
Ability to work under pressure,
and exercise excellent judgment
Key duties & Responsibilities:
·
To integrate risk management
within the strategy development process
·
To develop and communicate risk
management policies, risk appetite and risk limits of the Bank
·
To continuously monitor the
Bank’s critical risks and develop risk mitigation strategies to respond to
these risks
·
To establish, communicate and
facilitate the use of appropriate ERM methodologies, tools and techniques to
effectively manage the risks of the Bank
·
To work with business units to
establish, maintain and continuously improve risk management capabilities and
support business sustainability
·
To facilitate enterprise-wide
risk assessments and monitor priority risks across the Bank
·
To implement appropriate risk
reporting to the Executive Committee, Board and Senior Management
·
To ensure effective alignment
between the ERM process, internal audit and risk financing
·
To initiate regular risk management
education and training across the Bank
·
To assist the Directorate,
Executive Committee, and the Assets and Liabilities Committee with capital and
resource allocation decisions
·
To provide an independent view
regarding proposed business plans and transactions
·
To develop project risk
management capabilities within the Bank
·
To develop and implement an IT
Risk strategy to support ERM
·
To determine the risk-bearing
capacity of the Bank and advise on self-insurance portfolio options as in
keeping with risk management strategy, including financing options for the cost
of risk retention
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