Head of Risk Job Placement – KCB Bank

Job Title:      Head
of Risk
Organisation: KCB
Bank
Duty Station: Kampala,
Uganda
Reports to:
Managing Director
About US:
KCB Bank Uganda
which is part of KCB Group, East Africa’s largest commercial bank that was
established in 1896. Over the years, the Bank has grown and spread its wings
into Tanzania, South Sudan, Uganda, Rwanda and Burundi completing the East
African circuit in the year 2012. Today, the Group has the largest branch
network in the region with over 238 branches, 950 ATMs and 8,000 agents
offering banking services on a 24/7 basis in East Africa. KCB Bank Uganda was established
in the year 2007 and has grown to become one of Uganda’s top ten commercial
banks. Currently KCB Bank Uganda has 14 branches complemented with 16 ATMs
spread on Kampala Road, Commercial Plaza, Ben Kiwanuka, Luwum Street, Oasis
Mall Sixth Street, Arua, Elgon Masaba, Fort Portal, Gulu, Hoima, Lira, Mbarara
and Jinja that offer trade financing, corporate and retail banking services to
customers.
Job Summary:  The Head of Risk is responsible for devising
mitigation strategies with line management and ensuring follow through to give
assurance to the Board, Group and Bank of Uganda [BOU], that bank—wide risks
are identified, measured, managed and reported in line with the BOU Risk
Management Guidelines, Group standards and by large best global practices. This
entails embedding the bank’s Enterprise Risk Management lERM] with a critical
role to proactively identify and understand the potential threats, identify
opportunities, actions or events that will adversely affect the bank’s ability
to achieve its objectives. The major responsibilities of this position will be
to customize Group policies & procedures with support from the group to
suit the local environment, specifically as regards to:
Key Duties and Responsibilities: 
Operational
  • Develop and establish systems, policies and procedures to identify,
    control, manage and measure bank-wide non-financial risk for the
    subsidiary.
  • Ensure that bank-wide risk management policies, controls and
    procedures, are effectively implemented, disseminated and complied with
    across the subsidiary,
  • Develop Risk Reports for Country Senior Management, Central Group
    Risk function and the Board to facilitate active risk oversight.
  • Develop and implement an effective country-wide business resumption
    plan.
  • Improve shareholder returns through value— based management and
    control and reduction of visible and hidden costs,
  • Ensure that the country’s risk framework is in accordance with
    regulator guidelines and in conformity with Group requirements.
  • Establish a comprehensive and continuing training programme on the
    various risks that the Bank faces so as to embed knowledge of policies and
    procedures across the business.
Credit Risk
  • Identify, measure, monitor and manage credit risks
  • Monitor risk exposure limits and trends
  • Develop Credit Risk Reports for Country Senior
  • Management and Group Risk function
  • Periodic review of risk mitigating tools
  • Track and report exceptions to policies
  • Ensure adequate controls over Credit Risk
  • Establish an appropriate Credit Risk environment /culture at the
    subsidiary
  • Guide the usage of the Credit Risk Management System
Market Risk
  • Establishing an integrated country-wide framework for measuring and
    monitoring all aspects of market risk across the firm; Implement Group
    market risk management policies, procedures and controls;
  • Compiling pertinent analytical reports for the Group Assets and
    Liabilities Committee (ALCO)
  • Optimizing the bank’s market risk portfolio through business
    activities and risketransfer strategies;
  • Assisting with the development and customization of appropriate
    market risk management technologies and solutions; and
  • Carrying out pertinent research and keeping abreast of relevant
    developments /skills, techniques, concepts etc) in the market risk
    management realm.
Strategic, Reputational
Risk & Ethics
  • Ensure the bank establishes adequate standards and procedures to
    guide employees and agents in order to create reasonable stakeholder
    expectations.
  • Ensure standards and expectations are institutionalized and
    consistently enforced within the bank.
  • Evaluate and report on the bank’s performance against these
    standards, procedures, and expectations.
  • Shape a healthy and positive business ethics culture for the
    subsidiary through implementation of Group Ethics program
  • Enhance responsible Ethics management through implementation of
    Ethics Compliance framework and encouraging compliance to standards and
    procedures
  • Implementation of a Reputation Risk policy as guided by Group Risk
    function
  • Implementation of a Reputational Risk Management Framework.
  • Implementation of a Crisis Management Plan as guided by Group Risk
    function
  • Enhance Health and Safety through implementation of a policy on
    environmental impacts in investment.



Qualifications, Skills and Experience: 
  • The ideal candidate must hold a university degree, preferably in a
    business related or science discipline from a reputable and recognized
    institution.
  • Possession of a Master’s degree or Professional qualifications e.g.
    CPAU, CA, ACCA, ACIB, etc. would be an added advantage.
  • Specialized training in risk management and a strong conceptual
    awareness of Basel ll requirements.
  • Seven years of broad banking experience; at least 3 years of which
    should be as a leader in a Risk function.
  • Knowledge of bank—wide business functional processes as well as
    banking products and services.
  • Strong leadership skills and governance awareness.
  • Able to communicate to all stakeholders very well and clearly.
  • Knowledge of the Financial institutions Act and Banking Regulatory
    guidelines,
  • Strong business acumen and financial analysis.
  • Excellent Judgment abilities whilst aware of risk-return.
How to Apply:
All candidates are
encouraged to apply online at the link below.
Deadline: 17th April 2019
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