The Ugandan Jobline

• Identify key risks inherent in EFC’s major
  business activities;
• Assess the identified risks and measure EFC’s exposures to them;
• Monitor the risk exposures and determine the
  corresponding capital needs (capital planning) on an ongoing basis;
• Monitor and assess decisions to accept
  particular risks, risk mitigation measures and whether risk decisions are in line with
  the Board approved risk strategies, policies as well as risk tolerance /
  appetite levels;
• Report to the Board’s Asset & Liability /
  Risk Committee (ALRC) and the Management Risk Committee (MRC) as appropriate on all
  above items;
• Support the Board’s Asset & Liability /
  Risk Committee (ALRC) and the Management Risk Committee (MRC) with oversight,
  implementation and operational management of the EFC Risk Management
  Policies and Framework;
• Coordinate the activities of the MRC, consolidate risk reports
  from Heads of Business Units, report to the MRC during quarterly meetings,
  take minutes for the Committee’s meetings and compile the Committee’s
  quarterly report to the ALRC;
• Have direct access and report to the Board’s ALRC on all matters relating to EFC’s
  risk management program;
• Provide effective and efficient day-to-day
  leadership and management to the Risk Management Department;
• Mobilize department personnel according to the
  objectives of EFC with an enabling skills development and capacity building approach.
• Establish and maintain expert working knowledge
  of the EFC Risk Management Policies and Framework together with the Central Bank and other applicable
  regulatory body circulars, regulations and guidelines;
• Manage and ensure appropriate risk assessments
  are completed for new products and services in accordance with EFC’s Product Development Policy (No.
  13016);
• Monitor and report new developments relative to
  risk management and all applicable regulatory body regulation to:
• Keep EFC Senior Management apprised of such developments,
• Assess the effect they may have on the company,
• Provide suggestions on risk management with new / revised
  regulations and the drafting of EFC risk management policies and
  procedures;
• Collaborate with internal and external auditors
  relating to risk management;
• Oversee and ensure appropriate follow-up and
  correction of deficiencies
  noted in the Internal Audit Reports (minor, moderate and major), External
  Audit Reports and Central Bank Examination Reports;
• Provide support and coaching as deemed appropriate
  to those Heads of Business Units and employees responsible for specific risk management requirements;
• Performance of any other related duties and
  responsibilities as assigned by the MRC.

• The applicant should preferably hold a University
  Degree in Finance related studies (i.e. risk management, finance or
  economics, management or
  business studies etc.) and while not mandatory, a degree or postgraduate study
  / certification in risk management is a definite asset;
• A minimum of three years relevant middle
  management experience in a financial institution;
• Comprehensive risk management knowledge and
  experience with specific microfinance / banking technical knowledge of operations, IT, liquidity,
  market, credit, reputation, strategic and compliance risk;
• The
  Risk Manager requires good practical knowledge of microfinance / banking
  best practices in risk management, corporate governance and Central Bank /
  other applicable regulatory body regulations and laws together with the
  foresight to see how the intricate day-to-day risk management activities link
  with and support the achievement of the vision and mission of the EFC.
• Independent and objective;
• Good leadership and management skills;
• Good writing, documentation, meeting
  facilitation and presentation skills;
• Attention to detail and accuracy with strong
  numerical skills and the ability to evaluate costs;
• Ability to relate effectively across different
  levels of authority;
• Strong analytical, written / verbal communication, interpersonal, and
  relationship building skills;
• Strong computer skills (Word, Excel, Power
  Point, database, etc.).

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