Job Title: Senior Manager – Market and Strategic Risk
Organization: Housing
Finance Bank
Finance Bank
Duty Station: Kampala, Uganda
Reports to: Head Risk
About US:
Housing Finance
Bank was incorporated as a private company under the Companies Act in December
1967, the Bank has become a household name and has grown in leaps and bounds
with a good track record among the pioneers of a mortgage lending. National
Housing & Construction Corporation, a parastatal involved in real estate
business has 5% shareholding and National Social Security Fund (NSSF) holds 50%
and the Government of Uganda holds 45%. Today, the bank looks back with pride
on the business accomplished in the mortgage lending business. Through
innovation and placing emphasis on Honesty, Integrity, Efficiency and Customer
care, Housing Finance Bank is the leader in the mortgage, holding a 90% market
share.
Bank was incorporated as a private company under the Companies Act in December
1967, the Bank has become a household name and has grown in leaps and bounds
with a good track record among the pioneers of a mortgage lending. National
Housing & Construction Corporation, a parastatal involved in real estate
business has 5% shareholding and National Social Security Fund (NSSF) holds 50%
and the Government of Uganda holds 45%. Today, the bank looks back with pride
on the business accomplished in the mortgage lending business. Through
innovation and placing emphasis on Honesty, Integrity, Efficiency and Customer
care, Housing Finance Bank is the leader in the mortgage, holding a 90% market
share.
Job Summary: The Senior
Manager – Market and Strategic Risk will identify, measure, monitor and
minimize market risk through analysis of making relevant recommendations and
proper reporting in line with regulatory frameworks and the Bank’s strategy.
The incumbent should study developments in risk and profitability with the aim
of communicating strategic and market risk information to management
Manager – Market and Strategic Risk will identify, measure, monitor and
minimize market risk through analysis of making relevant recommendations and
proper reporting in line with regulatory frameworks and the Bank’s strategy.
The incumbent should study developments in risk and profitability with the aim
of communicating strategic and market risk information to management
Key Duties and Responsibilities:
·
Plan and develop the strategic and market risk management
process for the year.
Plan and develop the strategic and market risk management
process for the year.
·
Implement Value at risk models for measuring market
risk.
Implement Value at risk models for measuring market
risk.
·
Work closely with respective market risk owners to
ensure that market risk appetite stays within the Bank’s limit.
Work closely with respective market risk owners to
ensure that market risk appetite stays within the Bank’s limit.
·
Implement frameworks for validating stress testing
models used in market risk analysis.
Implement frameworks for validating stress testing
models used in market risk analysis.
·
Responsible for the identification, description and
estimation of the market risks resident in Treasury, Investment and Finance
operations of the Bank.
Responsible for the identification, description and
estimation of the market risks resident in Treasury, Investment and Finance
operations of the Bank.
·
Compare estimated risks against the Bank’s set
criteria established in the market risk policy and strategic risk policy, and
recommend mitigating actions for the identified exposures.
Compare estimated risks against the Bank’s set
criteria established in the market risk policy and strategic risk policy, and
recommend mitigating actions for the identified exposures.
·
Report strategic and market risks to different
parties within the Bank.
Report strategic and market risks to different
parties within the Bank.
·
Offering technical support, education and training
to staff to build market and strategic risk awareness within the Bank.
Offering technical support, education and training
to staff to build market and strategic risk awareness within the Bank.
Qualifications, Skills and
Experience:
Experience:
·
The applicant should preferably hold a Bachelor’s
Degree in Business Management, Finance, economics or other related field
preferred.
The applicant should preferably hold a Bachelor’s
Degree in Business Management, Finance, economics or other related field
preferred.
·
Possession of an advanced degree in business or
professional qualifications e.g. ACI
Possession of an advanced degree in business or
professional qualifications e.g. ACI
·
At least five years’ experience in risk management
in the banking industry, three of which at managerial level
At least five years’ experience in risk management
in the banking industry, three of which at managerial level
·
Broad knowledge and understanding of enterprise risk
framework
Broad knowledge and understanding of enterprise risk
framework
·
Excellent analytical and problem solving experience.
Excellent analytical and problem solving experience.
·
Excellent reporting skills
Excellent reporting skills
·
Broad knowledge and understanding of financial
products traded and market risk concepts.
Broad knowledge and understanding of financial
products traded and market risk concepts.
·
Team oriented, flexible, diligent and self-motivated
Team oriented, flexible, diligent and self-motivated
·
Excellent written and oral communication skills
Excellent written and oral communication skills
·
Computer literacy i.e. proficiency in the use of Microsoft
application skills (Word, Excel, PowerPoint, Outlook).
Computer literacy i.e. proficiency in the use of Microsoft
application skills (Word, Excel, PowerPoint, Outlook).
·
Ability to share information, transfer knowledge and
expertise to team members.
Ability to share information, transfer knowledge and
expertise to team members.
·
Ability to work under pressure setting the right
priorities.
Ability to work under pressure setting the right
priorities.
How to Apply:
All candidates
who wish to join the Banking sector are invited to send their applications
including an updated CV, certified copies of all academic transcripts,
certificates and testimonials, daytime telephone contact, and email address of
both applicant, and three competent referees addressed to:
who wish to join the Banking sector are invited to send their applications
including an updated CV, certified copies of all academic transcripts,
certificates and testimonials, daytime telephone contact, and email address of
both applicant, and three competent referees addressed to:
Head Human
Resources, Housing Finance Bank, Plot 4 Wampewo Avenue; P. O. Box 1539, Kampala.
Uganda.
Resources, Housing Finance Bank, Plot 4 Wampewo Avenue; P. O. Box 1539, Kampala.
Uganda.
E-mail to:
[email protected]
[email protected]
NB: Only successful candidates will be contacted. All
applicants who will not have heard from us within two weeks of closing date
should consider their application unsuccessful.
applicants who will not have heard from us within two weeks of closing date
should consider their application unsuccessful.
Deadline: Friday, 27th
November 2015
November 2015
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