Fresher Operational Risk Officer Job Vacancies – I&M Bank Uganda

Job Title:   Operational Risk Officer (Fresher Jobs)   

Organisation: I&M Bank Uganda

Duty Station:  Kampala, Uganda

Reports to: Manager – Operational Risk & Assurance

About US:

I&M Bank Uganda is a commercial bank headquartered at Kampala Road plot 6/6A with a growing regional presence.  The Bank offers a wide range of commercial banking and financial products and services, and prides itself on introducing innovative products and services based on the needs of its customers.

Job Summary:  The Operational Risk Officer will assist in coordinating, driving and directing effective compliance and Operational risk management/ Business Continuity Management/ Fraud Risk Management/ Incident Management at the department/unit level.

Key Duties and Responsibilities:

• To support senior management to effectively deploy Operational Risk Management Framework (ORMF) Business Continuity Management Framework, Fraud Risk Management Framework, and Incident Management Framework within the Bank.
• Perform Operational risk stress testing that will help to maintain a forward-looking risk profile of the Bank that captures the major risks, ensuring that risks that might impact multiple businesses and/or support functions are captured, and actions initiated to mitigate and control risks leading to a reduction in operational losses within the Bank’s risk appetite.
• Independently assess’ risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
• Develops and maintains relationships across the business users and Lines of Defence to better understand and deliver customer requirements by responding to changes in the internal and external business environment.
• Project Risk- Perform Operational risk, BCM, Fraud risk assessments to support implementation of new and existing projects.
• Analyses a multitude of scorecards/performance management tools in an attempt to mitigate exposure (risk/financial/regulatory)
• Promote a no surprise environment by performing snap checks on branch cash, targeted controls, etc.
• Train staff adequately annually in Operational Risk Management/ ORMF/ BCM/ FRM/Incident Management policies and procedures and have access to tools and techniques to discharge their duties effectively.
• Ensure that controls and checks associated with Risk control self-assessments (RCSAs) deployment are in place and are effective and are reviewed annually.

Qualifications, Skills and Experience:

• The applicant must hold a Bachelor’s Degree (B. Com, BBA, BSc, BA, B.STAT, BA ECON.)
• A professional qualification e.g., ACCA, CFA, ACIB, CPA are an added advantage
• At least two years of related work experience
• A good understanding of operations risk management function
• Deep knowledge of the Bank’s culture, Policies and procedures
• Innate knowledge of branch operations
• In-depth industry and product knowledge
• High level of IT proficiency particularly knowledge of data analysis tools.

Note: Only shortlisted candidates will be contacted.

How to Apply:

All suitably qualified and interested applicants should apply online at the link below. Please ensure to attach your academic credentials

Click Here

Deadline: 22^nd March 2023 by 12:00pm