The Ugandan Jobline

• Attract,
  develop and retain high calibre staff 
• Provide
  clear and consistent people development for team members in line with
  agreed strategy. 
• Ensure
  effective succession planning for key positions in the country 
• Practice
  active and engaged performance management – clear definition of goals and
  objectives and measurement of performance. 
• Promote
  high level of staff engagement 
• Contribute
  to the development of performance management and remuneration processes,
  in order to encourage the development of an appropriate risk culture and
  discipline 

• Formulate
  risk appetite for the country in joint sponsorship with the
  business. 
• Partnering
  with the business to deliver strategic aspirations whilst remaining within
  agreed risk appetite and optimising use of risk capital. 
• Understand
  sensitivities to key risk drivers and potential stress impact on the
  portfolio.
• Monitor
  external factors such as state of the economy, regulatory environment and
  other emerging risk trends.
• Ensure
  that Portfolio Standards evolve appropriately to proactively manage
  changes in external environment, strategy and/or risk appetite. 
• Monitor,
  review and control risk profiles (eg. Risk grade migration, risk
  concentration, Credit Approval Documents triggers) to ensure that
  portfolio shape is in line with strategy. 
• Oversee
  the monitoring and escalation of potential problem accounts eg. through
  the early alert process.  
• Provide
  guidance in managing up or out of accounts exhibiting signs of
  deterioration and assist Collections, Group Special Assets Management,
  where appropriate, to maximise recoveries. 
• Assess
  potential portfolio / individual impairments and implement appropriate
  portfolio or account strategies to minimise losses. 
• Ensure
  timely, appropriate and accurate portfolio and individual impairment
  provision is made accordingly to Group policy 
• Ensure
  timely and accurate loan impairment forecasting taking into consideration
  of external risk environment, portfolio trend, and Collection / GSAM
  strategies and actions 
• Ensuring
  specific and general stress tests are being conducted periodically,
  including understanding the financial impact of credit grade migration and
  the potential constraints this will place on new business. 
• Ensure
  that effective management response plans are in place to respond to extreme
  but plausible scenarios 
• Uphold
  the integrity of risk/return decisions, by challenging business and
  control function heads to demonstrate that risk origination and control
  decisions are properly informed and consistent with strategy and risk
  appetite 

• Conduct
  credit approvals appropriate to personal delegation authority. 
• Recommend
  the delegation and withdrawal of credit authorities for subordinate
  sanctioners and maintaining records relating thereto. 
• Oversight
  of credit approvals done by subordinate sanctioners and ensure that the
  quality meets Group standards, particularly with regards to the
  completeness and depth of risk analysis. 
• Coaching
  and training of subordinate sanctioners. 

• Regularly
  review audit reports /business risk maps and identify key country trends
  that would impact the Credit Risk function. 
• Review
  Credit Approval Documents, Under writing standards and program proposals
  for new and existing products submitted by business units/countries and
  support for approval, ensuring that all risk dynamics are properly
  addressed and controlled. 
• Actively
  participate in key Consumer Banking and Risk committees through standing
  membership 
• Maintain
  an open and co-operative relationship with regulators, and take the lead
  to understand and shape their expectations. 

• Drive
  a consistent interpretation and application of global credit policies in
  the country. 
• Ensure
  credit processes are consistently implemented in the country, taking into
  consideration local requirements and constraints. 
• Responsibility
  for management of the credit operations (Credit Approval, Collections, and
  SME Credit Team) and ensuring proper oversight of their processes and
  activities. 
• Ensuring
  that all staff have a Job Description, that it conforms with the global
  standard
• Maintain
  and develop in country risk capabilities, skills and infrastructure to
  meet ongoing business needs and plans 
• Continuously
  improve the operational efficiency and effectiveness of risk management
  processes 

• Actively
  engage all stakeholders (e.g. Business partners, Finance, Legal and
  Compliance) to raise their awareness of credit issues and how these are
  managed by the Credit Risk function. 
• Ensure
  that Credit Risk decisions are transparent and supporting rationales are
  explained in a professional and courteous manner, especially when turning
  down proposals.  
• Be
  aware of major decisions by other stakeholders and assess the potential
  impact on Credit. 

• Determine
  cost budget requirements and oversee the tracking and reporting of
  variances. 
• Accountable
  for capacity optimisation of teams. 
• Owns
  the capacity plans for all Credit Risk functions in CB Uganda and is
  responsible for understanding the “best practice” target operating model
  for each function and ensuring compliance. 
• Additionally
  responsible for ensuring any exceptions to the approved Role Family models
  are explicitly approved. 

• To
  Regularly review application of Consumer Banking’s Credit Policy and
  Procedures in Uganda, making recommendations, as appropriate, to the CB
  Credit Risk Officer for appropriate alignment with local market
  conditions 
• To
  review Product Programs and Pre-approval Programs for new and existing
  products submitted by business units and support for approval, ensuring
  that all risk dynamics are properly addressed and controlled

• Performance
  development and management of country credit risk, credit operations
  (Credit Initiation and Collections) and credit control (Operational Risk
  and Fraud Control) teams, including management of costs and capacity
  plans.  
• Proactive
  management of the portfolio credit risk profile within agreed risk appetite.
  
• Reducing
  P&L volatility by running a largely “surprise free” and well managed
  book. 
• Ensuring
  consistent application and enforcement of credit risk policies, processes
  and controls. 
• Management
  of all stakeholders, including developing relationships with business
  partners, and balancing the role with stakeholder
  expectations.  
• Providing
  strong support for the effective management of risk appetite and portfolio
  standards in partnership with business. 
• Provide
  thought leadership from a governance perspective, including management of
  credit risk committees and ensuring quick transparent escalation of
  important issues 
• Exercise
  Risk Control Ownership for Operational Risks within the Credit Risk
  function

• The
  applicant should possess a minimum of ten (10) years of functional risk
  experience in the areas of Retail Credit Risk & working knowledge
  in Operational & Fraud Risk matters; expertise in other areas of
  risk management is a plus; 
• Possess
  significant academic training and/or experience in finance, business or
  accounting; Bachelor’s university degree is a must and a post-graduate
  degree (MBA) is desired; 
• Good
  knowledge and grasp of banking practice, financial markets, Basel II and
  all retail lending products at a higher level and awareness of the country
  regulatory framework; 
• Strong
  analytical and dispute resolution skills. 
• Ability
  to make independent decisions with a strong sense of empowerment, while at
  the same time remaining cognisant of the need to consult, and leadership
  skills to command the respect of a cross functional set of professionals
  at senior level (internal and external) working in open ended
  situations; 
• Proven
  management & leadership skills; ability to motivate and lead a whole
  country  team into delivering on performance expectations and
  escalating changing & challenging situations; 
• Provide
  strategic direction to the Credit Risk function and lead in defining &
  shaping business strategies for Consumer Banking; 
• Excellent
  communication skills – written and oral

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