The Ugandan Jobline

• The jobholder will also facilitate the
  alignment of the operational risk management process with Group Policies
  and appropriate regulatory framework;
• Encourage a high level of awareness of
  operational risk in the business;
• Facilitate RCSA’s and KRI’s workshops and
  ensure that the tools are effectively utilised by the Business for
  proactive risk
• Assist in the analysis of information and
  reports to establish trends and consider initiatives to reduce risk;
• Identify major risks affecting the
  business and take necessary steps to measure, monitor and control the
  exposure accordingly
• Keenly review and evaluate internal
  controls and submit appropriate recommendations for any changes and/or
  enhancements;
• Participate in developing strategies to
  identify measure, monitor and control operational risk and provide
  independent oversight over the operational risk management framework.
• Ensure that the operational risk framework
  and operational risk policies are effectively implemented, and that all
  staff are aware of Operational Risk policies and procedures
• Communicate the operational risk
  framework, standards and other risk principles effectively to the business
  i.e. Risk and Control Self Assessments (RCSA’s), Key Risk Indicators
  (KRI’s), Business Continuity Management (BCM), Information Risk, IT Risk
• The incumbent will also identify major
  risks affecting the business units and branches and take necessary steps
  to measure, monitor and control these risks.
• Provide the necessary guidance and
  training to ensure compliance with the operational risk framework and
  methodologies.
• Assist management in the analysis of
  information and reports to establish trends and consider initiatives to
  reduce risk. Reviewing trends reported to ensure effectiveness and
  adequacy of controls and to ensure their alignment to the set operational
  risk appetite as set by management.
• Ensure compliance with any applicable
  regulatory operational risk management requirements.
• Ensure that adequate controls are in place
  to prevent regulatory breaches, regulatory fines and reputational risk to
  the bank.
• Ensure compliance to Regulation 40(4) of
  the South African Reserve Bank and Basel II requirements as appropriate.
• Ensure an effective internal control
  environment, as measured by satisfactory audit/risk assurance ratings,
  external audit ratings, bank of Uganda onsite review ratings and ensure
  Zero tolerance to outstanding review Issues.
• Ensure a thorough understanding through
  regular up skilling of the various operational risk management tools,
  including; risk register (RR), risk control self assessments (RCSA’s), Key
  risk Indicators (KRI’s), Investigation and report writing skills and
  appropriate make use of the tools to effectively  implement the bank’s operational risk
  management framework.
• Ensure the effective implementation of the
  bank’s approved Information Risk Management (IRM) framework, with a focus
  on information quality, confidentiality, misuse, abuse, access, archiving
  and retrieval processes.
• Effective management of external risks,
  through proactive identification, assessment and mitigation of risks
  beyond the bank’s scope and ensure that Business Continuity Management
  (BCM) plans, processes and procedures are up-to-date and followed as per
  agreed schedules and new group-wide methodology BCM is implemented.
• Ensure that Insurance cover as last resort
  control is effective in management operational risks
• Ensure that the bank’s outsourcing risks
  are adequately managed




• To participate in Country business
  processes, initiatives, forums, committee, etc. to ensure that operational
  risk requirements are appropriately considered, executed and reported e.g.
  Risk and Compliance Committee, loss management programs, procurement,
• The incumbent will escalate breaches and
  incidents as per the appropriate escalation processes, including
  appropriate participation in the remedial actions
• Encourage and facilitate a high level of
  awareness of operational risk in SBU

• The ideal candidate for the Stanbic Bank
  Manager Operational Risk job opportunity should hold a business degree
  from a recognized University.
• Possession of a risk management / audit
  qualification will be an advantage
• At least three to four years of banking
  experience with working knowledge of Bank’s systems and procedures
• Extensive knowledge and understanding of
  the banking operations environment.
• Good analytical skills.
• An all-round knowledge base of how the
  different units within the Bank function.
• A good working knowledge of the various
  systems used in the Bank and the linkages.
• A good understanding of the business;
  products, channels, network, customer segmentation, competitive
  environment.
• Broad knowledge and understanding of the
  interrelationships between the bank and its key stakeholders; Staff,
  regulators and regulatory environment, shareholders,
• Computer literacy i.e. proficiency in
  Excel.
• Excellent verbal and written communication
  skills.

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