Head of Risk Finca Uganda

Key duties and responsibilities:
• Supporting business in developing appropriate risk management strategies/tools and disseminating appropriate risk management practices in line with developments in the market/industry, laws and regulations.
• Overseeing and enforcing risk management policies and limits to close significant gaps in risk management capabilities.
• Preparing and reporting Key Risk Indicators report on Financial and Non-Financial Risks
• Guiding, facilitating and supporting the Risk Control Self-Assessment process
• Providing an independent view of proposed business plans and appropriate reporting on risks identified to the Board Risk Committee and Executive Committee.
• Formulating and driving a wide range of risk management policy and process upgrades including improved analysis, systems, pricing/costing models, etc.
• Developing systems to generate a robust MIS to identify, monitor, manage and control credit, market and operational risks.
• Organizing, managing and motivating direct reports in the Risk Department, through a suitable organization structure and development programs to optimize competence and productivity.
• Monitoring and managing the performance and development of direct reports.
• Championing and ensuring improved understanding of risk management across the organization in terms of risk identification, assessment, monitoring and reporting, starting with the Senior Management Team.
• Supporting management in the achievement of chosen strategic objectives/goals through assessment of appropriateness of actions put in place, adequacy of monitoring and timeliness in taking corrective actions.
• Overseeing compliance risk management across the organization through tracking or identification of new or changes to laws, regulations or best practices and ensuring that these are incorporated into existing policies and processes.

Competencies
• To perform the job successfully, an individual should demonstrate the following competencies:
• Good consulting and management techniques to initiate and manage strategic changes in risk management across the entire organization.
• Strong knowledge and experience in modern Enterprise Risk Management practices in Financial Services industry to provide visionary guidance on strategic changes.
• Excellent interpersonal skills to effectively communicate with and manage customer expectations and other stakeholders.
• Good technical skills to effectively perform/guide performance of Risk Management activities in a manner that consistently meets established standards or benchmarks.
• Excellent performance Management skill to optimize employee productivity.
• Good knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks
• Good knowledge of Basel II Risk Management Framework and its implementation implications on the Organization.
• Good knowledge of Policy and Procedure formulation process as well as ensuring implementation and enforcement of the same across the institution.
• Knowledge of Risk Control Self-Assessment framework and implementation of the same.
• Excellent at lead management of Crises and Business Continuity within the Organisation.
• Good knowledge of the different Risk Families affecting the Organization and offer advice on Risk appetite needed for sustainable growth of the business.

Qualifications, Skills and Experience
• A bachelor’s degree in Business, Credit or Finance. Professional qualifications (CPA, ACCA, etc) and a Masters’ Degree will be an added advantage.
• 3 years’ experience in Management/Leadership role
• At least 5 years work experience in Internal Controls, Audit or Risk Management preferably in a Financial/Banking sector