Head of Risk – Commercial Bank

Job Title:   Head of Risk
Organisation: Commercial
Duty Station:  Kampala, Uganda
Reports to:  Managing Director
About US:
Future Options Consulting Ltd is an HR Consultancy company that seeks
to recruit for its valuable client, a leading commercial bank offering a full
range of lending and savings products with a countrywide branch network.
Job Summary:  The Head of risk will develop, implement and
actively monitor an effective risk management system in line with the strategic
business plan and the policies of the Bank.
Key Duties and
  • Develop an integrated risk management
    framework to guide identification, measurement, control and monitoring of
    risk, consistent with the business plan and regulatory requirements.
  • Regularly review and update the risk
    management policies to ensure effectiveness and adequacy of controls and
    make recommendations to Senior Management.
  • Actively monitor the implementation of the
    Strategic and Action Plans of the Bank and identify any implementation
    risks and rally management for appropriate action.
  • Provide performance leadership and
    development of staff in Risk Department.
  • Send periodic risk management reports to
    Senior Management as per guidelines of the Bank and Bank of Uganda.
  • Develop, implement, review and report on
    Business Continuity Plans for the Bank.
  • Offer timely support, education and
    training to staff to build risk awareness within the Bank.
Qualifications, Skills and
  • The ideal candidate should possess an
    Honor’s degree in Commerce, Business Administration, Economics and other
    relevant subjects from a recognized University. Possession of a Master’s
    degree with specialty in any of the above disciplines and/or professional
    qualification will be an advantage.
  • Additional qualification in Integrated
    Enterprise Risk Management will be an added advantage.
  • At least eight years’ experience in a
    financial institution with a minimum of four years in a Senior Managerial
    position level in a regulated financial institution.
  • Detailed working knowledge and experience
    in risk management in financial institutions.
  • Sound understanding of the Ugandan banking
  • Familiarity with the global regulatory
    environment for banks and ability to keep abreast of developments in the
    banking sector.
  • Demonstrable leadership skills, good
    communication, interpersonal and team building skills.
  • Self-driven, assertive and proactive
How to Apply: 
All suitably qualified and interested candidates who wish to join the
Banking sector should send their applications enclosing curriculum vitae,
copies of academic, professional certificates and contact addressed of three
referees. The complete applications should be sent by post, courier, hand
delivery or e-mail to the following address:
The Director Executive Recruitments,
Future Options Consulting Ltd, 4th Floor, Diamond Trust
Building, Kampala Road, P.O. Box: 34934, Kampala, Uganda. Phone: 031 2265028/9,
Email to:
NB: Only shortlisted
candidates will be contacted. Please note that any canvassing for this role
will lead to automatic disqualification.
Deadline: 7th May

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