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Environmental, Social and Governance (ESG) Officer

at DFCU Bank
Location Kampala, Uganda
Date Posted December 29, 2023
Category Banking
Management
Job Type Contract
Currency UGX

Description

Reports to: Senior Manager- Credit Support and Monitoring

 

About US:

DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.

 

Environmental, Social and Governance (ESG) Officer (1 Position)

dfcu Bank is a fast-growing Bank in Uganda offering a wide range of financial solutions to its chosen market segments. We are seeking to recruit for the position of Environmental, Social and Governance (ESG) Officer in the Credit Domain to support our expansion strategy.

 

Job Summary:   Reporting to the Senior Manager- Credit Support and Monitoring, the Environmental, Social and Governance (ESG) Officer is pivotal in the bank’s commitment to sustainable and responsible business practices through implementing ESG strategies and ensuring compliance to the relevant standards, policies, and procedures, across the organisation.

 

The ESG team is also responsible for ensuring that the review and appraisal of dfcu clients and projects/transactions for compliance with the Bank’s ESG requirements is conducted appropriately.

 

Key Duties and Responsibilities:

  • Provide technical expertise on key issues related to environmental and social impact assessment and on sustainability risks in the design, preparation, implementation and supervision of the Bank’s operations taking into consideration best industry practices and standards.
  • Manage, co-ordinate and/or conduct ESG due diligence of new credit proposals for the Bank’s consideration.
  • Identify key potential ESG impacts and risks associated with clients and projects and ensure that their magnitude and significance are well understood.
  • Design and incorporate into the safeguard plans and project effective and feasible measures to avoid, minimize, and mitigate the adverse ESG impacts, and draft relevant project processing documentation. Ensure that the client understands the applicable safeguard policies, guidelines and project-specific requirements, and has the necessary commitment and capacity to manage ESG impacts and/or risks adequately and supported by mechanisms that facilitate implementation.
  • Supervise projects to ensure implementation of mitigation measures.
  • Work with clients and other relevant units of the Bank to mobilize technical and financial support to enhance the environmental and social sustainability of their operations, adding value to operations.
  • Conduct consultations with stakeholders (Internal & External) in accordance with relevant policies and guidelines.
  • Provide internal and external clients with capacity building on ESG related topics by designing and piloting information sharing schemes.
  • Report on, disseminate good practices, and generated knowledge.
  • Developing a tracking and monitoring mechanism for all post approval ESG related covenants and inspections, and ensuring any breaches are attended to and escalated accordingly.
  • Working closely with Credit Managers and Relationship Managers (RMs) to implement remedial plans by recommending appropriate actions for noncompliant customers.
  • Periodically accompanying RMs to client visits and/or meetings to address ESG risk matters.
  • Ensuring escalation of issues within the agreed timelines.
  • Ensuring that all processes adhere to laid down controls and procedures in accordance with bank policies and Prudential Guidelines issued by the Central Bank and any other relevant regulatory requirements.

Qualifications, Skills and Experience:

  • The applicant must hold a University Degree in Environmental Management, Environmental Sciences, Environmental Law, Industrial Engineering, or a relevant field.
  • Certification in sustainability standard(s) or practice is of added advantage.
  • Experience working with private sector firms across industry sectors (including infrastructure, agribusiness, and/or manufacturing) to identify environmental/social risk and issues and develop mitigation measures to ensure compliance with good international industry practice is of added advantage.
  • Good interpretation and decision-making ability.
  • Ability to manage complex and multifaceted stakeholders.
  • Effective communicator and influencer.
  • Excellent negotiation and stakeholder management skills.
  • Good planning and organizational skills.
  • Excellent understanding of the banking act and prudential guidelines.
  • Good knowledge of Banking products and evolving Credit Risk Management systems.
  • Good understanding of legal risks and laws applicable to Banking and Finance relating to lending and credits documentation.

Applying Instructions

If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), to the email address indicated below.

 

Vacanciesbank@dfcugroup.com

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