Job Opportunity: Market & Credit Risk Officer
Employer: BRAC Uganda Bank Ltd
Location: Kampala, Uganda
Job Type: Full-time
Application Deadline: 24th November 2024
Job Summary
The Market & Credit Risk Officer will proactively identify, assess, mitigate, and monitor credit and market risks that could impact the bank’s operations.
Key Duties and Responsibilities
- Risk Assessments:
- Compute and analyze credit risk parameters and prepare daily credit risk dashboard reports.
- Compile monthly credit risk assessment reports.
- Support the preparation of Basel II capital returns per the Bank of Uganda’s Basel II guidelines.
- Review and submit IFRS9 provisions and BOU loan loss provisions reports.
- Conduct monthly and quarterly market, liquidity, and credit stress tests.
- Provide weekly class movement analysis and monitor portfolio migration trends.
- Develop weekly loan recovery reports for loans in the Doubtful & Loss categories.
- Maintain and submit quarterly risk registers for the Business Growth team.
- Conduct targeted assessments on loans in arrears and prepare review reports.
- Review loan files for Management Credit Committee approval.
- Analyze the bank’s financial exposure and liquidity risks to identify vulnerabilities.
- Recommendations and Monitoring:
- Provide actionable recommendations to enhance liquidity position and financial stability.
- Coordinate Business Resumption Site tests to ensure preparedness for unforeseen events.
- Conduct independent risk reviews and spot checks at branches and Head Office.
- Training and Awareness:
- Deliver risk awareness programs to foster a strong risk culture and accountability within the bank.
- Governance and Compliance:
- Monitor credit operational activities for adherence to policies and guidelines.
- Analyze audit findings and assist with the implementation of recommendations.
Qualifications, Skills, and Experience
- Education:
- Bachelor’s degree in Commerce, Economics, Business Administration, Actuarial Science, Statistics, Mathematics, or a related discipline.
- Experience:
- 2–5 years in a Supervised Financial Institution (SFI), with at least 2 years in Credit operations.
- Skills and Knowledge:
- Risk management expertise with the ability to identify and assess risks.
- Strong analytical and problem-solving skills.
- Effective interpersonal and communication skills.
- Proficiency in reporting and the ability to convey technical findings to non-technical stakeholders.
- Familiarity with industry trends and regulations.
- Self-driven, proactive, and able to work with integrity and confidentiality.
How to Apply
Interested candidates should email their application letter, curriculum vitae, and copies of relevant academic documents in PDF format, mentioning the job title as the subject to:
Email: recruitment.bracugandabankltd@brac.net
All applications should be addressed to:
Head, Human Resource
BRAC Uganda Bank Ltd
About BRAC Uganda Bank Ltd
BRAC Uganda Bank Ltd launched in April 2019 and operates as a Tier II Credit Institution. The bank focuses on financial inclusion for underserved populations, particularly women and youth, serving over 231,000 active customers across 84 districts in Uganda.
Note: Only shortlisted candidates will be contacted.
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