JOB DETAILS:
JOB PURPOSE:
To implement the effective functioning of Operational Risk Management Assurance Framework (ORMAF) within the businesses by ensuring all areas of the bank manage operational risk in a proactive, risk based and disciplined manner for sustainable value addition to the Bank and its shareholders.

KEY RESPONSIBILITIES:
• Promote strong operational risk management and compliance culture among all staff through training and holding workshops.
• Developing strategies to identify, measure, monitor and control operational risk and provide independent oversight over the operational risk management framework (ORMF) to ensure its effective functioning.

• Ensure the integrity of the controls in the business or functions, through driving the understanding and use of the Risk and Control Self-Assessment (RCSA) program for the bank and the respective Risk Registers thereof.

• Advise the Business/Function Heads on operational risk issues. In liaison with the Risk champions at the first line of defense, provide strong governance oversight to ensure that the Business is suitably addressing significant internal and external risk matters.
• Conduct periodic risk-based Unit/Branch reviews to monitor how effective their risk management practices are and recommend for remedial actions where there are control weaknesses as per the department work plan or on adhoc basis.

• Embed risk assessments in all business units, products/services, projects, activities, new business ventures and support the risk owners in creating/updating of the respective risk registers while ensuring the escalation of significant risks.
• Ensure the bank’s Recovery Planning and Business Continuity Management procedures are robust to ensure operational and financial resilience for the bank.
• Track Operational risk events while keeping a loss database and sharing lessons learnt to reduce Operational losses.
• Assisting the Head of Risk in preparation of the internal capital adequacy assessment process (ICAAP) report.
• Coordinating and conducting stress tests for material risks.
• Train, mentor, motivate and support the Risk Officer to ensure maximum productivity and growth.

KEY ATRIBUTES:
• Thorough knowledge and understanding of banking operations, processes and regulatory requirements.
• Ability to deal with problems of high complexity which have a variety of possible solutions-Strong problem-solving abilities.
• Intermediate interpersonal communication skills to explain bank policies and procedures.
• Strong analytical skills; both quantitative and qualitative to independently make decisions of an operational nature.
• Ability to coach staff on operational risk issues, prioritizing, and scheduling / accomplishment of work assignments with minimal supervision.

• Ability to interpret workflows and operational procedures thus detail oriented.
• General knowledge of risks related to businesses and the industry.
• Excellent communications and engagement skills
• Strong attention to detail and personal effectiveness
• Team Player
• Unafraid to take responsibility, partner with the business whilst retaining independence to provide challenge to the business.

REQUIREMENTS.
• Degree level education preferably in a business-related field.
• Possession of risk management or audit qualification is an added advantage.
• 6 years’ banking experience in banking operations.

Kindly send your cover letter and up to date CV to hr@eximbank-ug.com with the subject: JOB APPLICATION: OPERATIONAL RISK MANAGER.

Only candidates who meet the minimum requirements shall be contacted.