Job Title: Officer Climate Risk
Organization: Bank of Uganda (BoU)
Duty Station: Kampala, Uganda
About Organisation:
The Bank of Uganda (BoU) is the Central Bank of the Republic of Uganda. It was opened on the 15th August 1966. It is 100% owned by the Government of Uganda but it is not a government Department. Bank of Uganda conducts all its activities in close association with the Ministry of Finance, Planning and Economic Development (MoFPED). Bank of Uganda is responsible for monetary policy and maintaining price stability.
Job Summary: Responsible for identifying climate related risks and conducting climate risk assessment, deployment of adaptation strategies, and risk management practices tailored to the unique operational context of a Central bank to ensure the continuity and resilience of critical functions and services in the face of evolving environmental threats and challenges.
Key Duties and Responsibilities:
- Provide Technical input into the development of the Bank’s Climate Risk Management Framework aligned with the Bank’s Risk Management Framework and Policy.
- Support the development of the relevant climate risk models, assessment tools & procedures and develop, monitor and track key climate risk indicators and metrics.
- Conduct comprehensive assessments of climate-related risks and opportunities faced by the Bank, including physical risks, transition risks, and liability risks associated with climate change.
- Conduct periodic scenario analysis and stress testing to evaluate the potential impacts of climate change on the Bank’s critical processes and operational resilience.
- Keep abreast of domestic and international regulatory and industry trends in Climate change, Nature, and Environmental Risk management to develop informed strategies to ensure risk management practices appropriately address these trends.
- Develop and implement climate risk mitigation and adaptation strategies to enhance the resilience and sustainability of Bank’s operations and investment portfolios to climate – related threats and disruptions.
- Provide technical guidance and support in the embedment of climate risk considerations into the relevant Bank’s policies, Processes & procedures, and Business continuity Management & Planning.
- Provide input to the annual climate and ESG thematic risk assessments.
- Provide the climate risk considerations input into the Bank’s Climate Change Task Force for Climate Change Disclosures report.
- Support the sustainability implementation technical team in the development of the Bank’s climate and ESG data capabilities and implementation of the sustainability standards in general.
- Engage with internal stakeholders, including departments, risk management teams and senior leadership, to raise awareness of climate-related risks and promote a culture of resilience and sustainability.
- Perform other related duties as assigned by the supervisor.
Expected Outputs
- Climate Risk Management Framework
- Climate Risk Assessment reports
- Climate Risk Scenario analysis and stress testing Reports
- Climate Risk Indicators and Metrics Reports
- Climate Risk Monitoring Reports
- Climate Risk Mitigation and Adaptation Strategies
- Climate-related risk awareness Program
- Climate Change Disclosures Report
Qualifications, Skills and Experience:
- First Class or Upper Second Bachelor’s degree in Environmental Science, Climate Change, Environmental Risk & Sustainability Management, or any other relevant qualifications from a recognised institution.
- Master’s degree in the listed fields above is an added advantage,
- Relevant professional qualification in ISO 14001 and 31000 is an added advantage.
Work Experience
- 5 to 8 years of working experience in Risk Management, climate risk management, sustainability, or environmental risk assessment.
Age
- Applicants must be between 30.0 to 37.0 years of age as at close of the advert.
Competencies
Technical Competencies
- Experience in risk management, with a focus on climate risk assessment, sustainability, or environmental risk assessment and adaptation strategies.
- Deep understanding of climate change science, climate-related risks, climate risk assessment methodologies, and regulatory frameworks governing climate risk management practices and their implications for operational resilience and business continuity.
- Analytical skills with the ability to conduct scenario analysis, and impact assessments related to climate change and operational risks.
- Excellent communication and stakeholder engagement skills, with the ability to collaborate effectively with internal and external stakeholders at all levels.
- Problem-solving abilities, with a focus on developing practical and actionable solutions to mitigate climate-related risks to operations.
- Commitment to promoting environmental sustainability and social responsibility.
- Leadership skills with the ability to inspire and motivate others to take action on climate change
Behavioural Competencies
- Transparency and accountability
- Integrity
- Excellence
- Teamwork
- Interpersonal skills
- Planning and organizing skills.
- Innovativeness
- Self-drive
Salary and Benefits for the positions are generous and attractive.
How to Apply:
Applications should be submitted by filling out the online application link
Please follow the stated instructions in the form as accurately as possible. Note that inaccurate applications will be automatically disqualified.
Applications should be accompanied by;
- National ID (Front and Back) – Mandatory. Ensure both the front and back sides are scanned and visible.
- Academic Qualification Documents – Mandatory. These should match all the required qualifications mentioned in the job descriptions.
- Letter of Equivalence for the Class of Degree from the National Council of Higher Education for applicants whose first degree (Bachelor’s) was obtained from a foreign University.
- A duly registered Statutory Declaration for applicants with name and/or date of birth variations.
Note:
- Please ensure that all required documents are duly attached and MUST be scanned as one single document.
- Please note that failure to attach the required documents will lead to automatic disqualification.
- Management reserves the right to terminate applicants found with concealed or falsified information and academic credentials. Only shortlisted candidates will be contacted.
Deadline: 22nd August 2025
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Level of Education: Bachelor Degree
Work Hours: 8
Experience in Months: 60