The Ugandan Jobline

• Conduct a thorough periodic evaluation and
  risk assessment at both the individual process and business level in order
  to provide an overall assessment of business’ state of internal control as
  well as its inherent and residual operational and regulatory risk to
  enable management proactively manage and mitigate risk.
• Design, implement and manage key control
  self- assessments for business and support units to enable the Bank assess
  key risks identified, estimate loss exposures and be able to take the
  necessary management action and related measures to control and mitigate
  the risks identified.
• Actively promote a strong operational risk
  management and compliance culture, i.e. change culture and enhance
  awareness through workshops, presentations and other forms of training.
• Actively participate in the management of the
  new product approval process as part of the broader governance issue with
  a main focus on ensuring that all risks are identified, duly analysed,
  managed and reported and where necessary challenge and ensure business
  activities are stopped where risks are not aligned with control
  requirements or Bank risk appetite.
• Develop and recommend action plans for the
  improvement of internal controls and the mitigation of operational risk.
• Implement an effective process and system to
  monitor and manage operational risk and assist in the early detection and
  correction of deficiencies, prevention and/or reduction of future losses.
• Keenly analyse operational risk data and
  reports (typically losses, assessment results or metrics) to identify
  areas of excessive risk and also ensure past mitigation efforts are having
  the desired effect.
• Develop and maintain an effective operational
  risk identification, assessment, reporting and mitigation framework.
• Develop operational risk policies, processes
  and guidelines for the approval of Management.
• Identify root causes of major internal losses
  and ensure the various business units are aware of the risks and
  recommendations
• Regularly review of internal controls in
  place to address and control risks and any risks that cannot be adequately
  controlled are assessed to allow management to decide whether to accept or
  withdraw from those activities generating these risks.
• Stay abreast of the latest operational risk
  management techniques and industry best practices

• The ideal candidate should hold a Bachelor’s
  Degree in a business discipline. Possession of a professional course
  (ACIB, ACCA, etc) is an added advantage.
• A minimum of six years’ banking experience.
  Expected to have worked successfully in banking operations or have an
  operational risk background of 4 years minimum and possess strong skills
  in: operational risk assessment, process control and design, self-audit
  development, MIS development, and trend analysis.
• General knowledge of risks related to
  businesses and the Financials industry.
• Broad working knowledge of internal policies
  and procedures, Bank products and the various business lines and business
  units in the Bank.
• Proficiency in MS Computer packages and
  Banking core operating system(s)
• The applicant must be hardworking, self-
  motivated, analytical and results orientated person with the ability to
  work with minimum supervision
• Well-spoken individual with good
  communication and reporting skills
• Demonstrated ability to work effectively with
  a diverse range of people, at all levels, with different functional skills,
  experience and personalities.
• Ability to probe effectively and convey
  factual information clearly
• Ability to make decisions independently and
  in a self-directed manner in support of the goals of the team and
  organization, as well as be motivated to tackle challenging problems
• Highly disciplined
• Impeccable level of integrity.

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