Job Title: Risk
Officer
Organization: FINCA
Uganda Limited (MDI)
Uganda Limited (MDI)
Duty Station: Kampala,
Uganda
Uganda
Reports to: Senior
Risk Officer
Risk Officer
About US:
FINCA Uganda Limited
(MDI) was the first licensed micro-finance deposit taking institution in
Uganda, and part of a global network which serves over 1,000,000 clients in 22
countries. FINCA Uganda currently offers loans, savings and money transfer
services in Uganda, one of the most competitive and dynamic microfinance
markets in the world.
(MDI) was the first licensed micro-finance deposit taking institution in
Uganda, and part of a global network which serves over 1,000,000 clients in 22
countries. FINCA Uganda currently offers loans, savings and money transfer
services in Uganda, one of the most competitive and dynamic microfinance
markets in the world.
Job Summary: The Risk Officer’s position is responsible for
supporting the management of risks faced by the organization on a day to day
basis through identification, assessment, mitigation, reporting and continuous
monitoring.
supporting the management of risks faced by the organization on a day to day
basis through identification, assessment, mitigation, reporting and continuous
monitoring.
Key Duties and Responsibilities:
- Formulating and updating of policies,
procedures manuals, process flows/maps for new and existing products,
processes in line with assessed risks arising from new or changes in
regulations, legislation, technology, industry - Developing and regularly updating of
risk assessment registers for new and existing processes/products/channels
including recommending mitigating actions and follow up with process
owners to ensure timely implementation and performing validations - Developing and updating of the key risk
indicators, analyzing and investigating of abnormal trends, recommending
corrective actions and following up to ensure timely implementation of
remedial strategies - Recording and updating the loss incident
database/log, analyze, investigate, recommend and monitor/follow up on
implementation of mitigating actions. - Creating a high level of awareness of
risks that the institution is exposed to, their impact and
actions/measures in place to mitigate them. - Tracking of timely review of policy
manuals and ensuring that are appropriate and were presented to the Board
for approval - Championing the development of Business
Continuity Management process, updating and testing of Business
Resumption, Disaster Recovery and Crisis Management plans - Stress testing in line with the
established guidelines, analyze results, recommend and follow up on the
implementation of agreed upon corrective actions - Regular analysis of financial
information, including assessment of accuracy and completeness of reports
in place for proper control over processes such as lending and financial
reporting - Tracking /follow up on control
weaknesses identified in reports from Audits (Internal and External) to
ensure appropriate remedial actions are implemented in time - Reporting on high risk exposures and
mitigating actions to Management and Board Risk Committees on a monthly or
quarterly basis
Qualifications, Skills and Experience:
- The ideal candidate for the FINCA Uganda
Risk Officer job must hold a bachelor’s degree in Business, Credit or
Finance. Professional
qualifications will be an added advantage - A minimum of three years of work
experience in a Financial/Banking sector preferably in Internal Controls,
Risk Management or Audit (Internal/External) - Broad knowledge and understanding of
enterprise Risk Management practices in the financial Services sector - Good interpersonal, presentation,
communication and reporting skills - High proficiency in the use of
computerized applications - Knowledge and effective application of
all relevant banking regulations, policies, processes, procedures and
guidance - Fluency in English
How to Apply:
All suitably
qualified and interested candidates who so wish to take up these roles in
the aforementioned capacity are encouraged to send their applications with
detailed CVs including present position and copies of relevant
professional/academic certificates to: [email protected]
qualified and interested candidates who so wish to take up these roles in
the aforementioned capacity are encouraged to send their applications with
detailed CVs including present position and copies of relevant
professional/academic certificates to: [email protected]
Deadline: 7th November 2018
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