The Ugandan Jobline

• Implementation, validation and monitoring of operational risk
  management process within the bank
• Collaborate in the design and implement significant changes of
  business projects/processes, ensuring adequate controls are placed
  appropriately. As appropriate, conduct risk assessment and implement
  preventive measurements and compensation controls to reduce potential risk
  exposure
• Monitor operational losses events and validate reported operational
  risk incidents and exceptions, perform root cause analysis and identify
  potential opportunities for improvements to upstream processes and systems
  (database losses, near misses and abnormal gains).
• Provide adequate operational risk review and evaluation of new
  product releases and emerging risks due changes to products and service
  offerings within the business
• Perform sample based back testing analysis on specific operational
  vulnerable areas to pre-empt the development of standards, procedures and
  process maps where operational gaps exist across business
• Participate in the formulation of key risk indicators (KRI) and risk
  control self-assessment (RCSA) for the business units and other
  departments.
• Assist in the development of a cross departmental communication
  program on cross cutting operational issues including those relating to
  shared enablement functions such as Finance, Operations, IT, and HR
• Pro-actively identify control deficiencies from internal audit,
  external audit, BoU and other review recommendation and through gap
  analysis to ensure “fit for purpose remediation by business of any risk
  exposures
• Train bank staff in operational risk management to facilitate
  awareness and development of a strong risk culture
• Review branches across the network for quality assurance and ensure
  compliance with key risk policies.
• Review customer complaints and other feedback mechanisms on the
  bank’s services delivery process and advise management on areas of
  improvement with a view of managing any reputational risk that may arise
  from these complaints
• Carry out periodical review of the bank’s premises security and
  ensure that all key security mechanisms are properly functioning.
• Preparation of the operational risk control reports for the ORCO
• Prepare monthly remediation updates for open operational risk issues
  (audit actions, Operational Risk Inventory (ORI) risk issues & action
  plans) and formal closure documentation. Perform due diligence reviews to
  ensure remediated audit and ORI actions are sustainable and operating
  effectively.

• The applicant for the Finance Trust Bank (FTB) Senior Risk Analyst
  job opportunity should hold a Bachelor’s degree in B.Com, Economics, BBA,
  Statistics, Actuarial Science or any other related discipline from a
  recognized university.
• A minimum of two years of working experience in Risk management
  gained in a Commercial Bank.
• Knowledge of Risk Analysis Systems
• Excellent analytical and problem solving skills
• Ability to transfer knowledge and provide guidance to others
• Ability to work long hours with minimal supervision
• Ability to work on own initiative and as part of a team
• Excellent communication and interpersonal skills.
• High degree of integrity and confidentiality.

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