Job Title:  Market & Credit Risk Officer

Organisation: BRAC Uganda Bank Ltd

Duty Station:  Kampala, Uganda

About the Company:

BRAC Uganda Bank Ltd launched on 25 April 2019 and attained its current status as a Tier II Credit institution following a successful background as the leading Microfinances services provider in Uganda. The bank operates 32 regulated branches and 131 satellite offices covering 84 districts in Uganda targeting Micro, Small. and Medium Entrepreneurs. BRAC Uganda Bank Ltd promotes financial inclusion by extending financial services to unserved and underserved populations especially women and youth as well as people living in poverty in rural areas. The Bank is operationally and financially self-sustaining with over 231,000 active customers and a loan book in excess of Ushs.175 billion.

Job Summary:   To ensure the bank is proactively identifying, assessing, mitigating, and monitoring credit and market risks that could impact the bank’s operations.

Key Duties and Responsibilities:

Conduct comprehensive risk assessments:

• Computation and analysis of the different credit risk parameters resulting in the preparation of daily credit risk dashboard reports for decision making.
• Compilation of Monthly Credit risk Risk Assessment reports.
• Support the compilation of Basel II capital returns in compliance with the Bank of Uganda’s Basel II guidelines.
• Review and submit monthly IFRS9 provisions and BOU loan loss provisions report in line with regulatory requirements.
• Perform and submit monthly and quarterly market, liquidity & credit stress test reports to assess the bank’s resilience to adverse scenarios.
• Provide weekly class movement analysis to track portfolio migration trends.
• Develop weekly loan recovery reports for the loans under the Doubtful & Loss categories.
• Maintain and submit quarterly risk registers for the Business Growth team.
• Conduct targeted risk assessments on loans in arrears and prepare review reports identifying gaps resulting in increased defaults.
• Review loan files that require Management Credit Committee approval.
• Perform a detailed analysis of the bank’s financial exposure and liquidity risks to identify vulnerabilities.
• Provide recommendations to strengthen the bank’s liquidity position and financial stability.
• Coordinate and conduct Business Resumption Site tests to ensure the bank’s preparedness for unforeseen events.
• Undertaking Risk independent reviews and spot checks in branches & Head Office departments to assess the effectiveness of policies and procedures and identification of vulnerability points and gaps for improvement of process flows.
• Any other duties as assigned by the Head of Risk

Training and Awareness

• Conduct risk awareness through various programs to cultivate a strong risk culture and accountability across the bank.

Governance and Compliance:

• Monitor Credit operational activities to ensure adherence to set policies, procedures, and guidelines governing risk identification, assessment, control, and overall risk management processes.
• Analyse audit findings and assist in implementing audit recommendations

Qualifications, Skills and Experience:

• Bachelor’s degree in commerce, Economics, Business Administration, Actuarial Science, Statistics, Mathematics, or any other related discipline from a recognized university.
• A minimum of at least 2-5 years’ experience in a Supervised Financial Institution (SFI), two years of which were gained from Credit operations.
• Knowledge in risk management: The ability to identify and assess risks and vulnerabilities.
• Strong analytical and problem-solving skills to timely identify and deal with threats before risks materialize.
• Interpersonal Skills.
• Effective communication with team members, management, and other stakeholders.
• Reporting: The ability to communicate risk assessments and recommendations clearly and concisely to non-technical stakeholders.
• Ability to nurture functioning working relationships across organizational, corporate, and cultural boundaries.
• Industry Knowledge: Familiarity with industry-specific trends in risks and regulations can be advantageous.
• Self-driven, assertive, and proactive.
• Ability to exercise the highest level of integrity and confidentiality

Interested candidates should email their application letter, Curriculum Vitae, and copies of relevant academic documents, IN PDF FILE mentioning the job title as the subject matter to recruitment.bracugandabankltd@brac.net All applications should be addressed to the Head Human Resource BRAC Uganda Bank Ltd.

Note: Only shortlisted candidates will be contacted.