• UBA
  • Kenya, Nairobi
JOB OBJECTIVE(S)


To development policies and programmes for the identification, assessment, controlling, monitoring and reporting of operational and market risk inherent in products, processes, systems, policies and external events.
To build strong risk management environment by providing advisory, decision support services to business units & strategic resources functions and develop a framework to constantly update the bank on its risk level with regulatory/banking laws.


DUTIES & RESPONSIBILITIES


Develop, cascade and monitor the implementation of operational and market Risk
Management plans/Activity plans in line with the overall bank strategy.
Train, motivate and manage performance of the operational and market Risk
Management team to enhance staff productivity thoroughly daily supervision of the team’s activities, feedback and provision of leadership in line with the HCM policies
Act as the custodian for all bank policies (internal and external policies including regulatory and HCM policies) by developing and implementing mechanisms for updating, accessing and adhering (Including Trainings/sensitizations and communication) to internal, external and regulatory policies by all staff
Collaborate with other Unit/departments Heads to develop and coordinate the implementation of Business Continuity plans across the Bank
Develop and Implement structures/frameworks for population of losses/loss events and risk - based grading of Branches and SBUs which shall inform the deployment of resources, frequency of audit visits, and deployment of internal control personnel and determination of manning levels.
Develop and Implement a timetable for the administration of control and risk self
assessment questionnaire to the processes owners for the monitoring of risk with the
established controls and policies in line with UBA policies
Prepare, submit and present risk-based reports on various products, processes, activities, systems and external events to management and other relevant stakeholders including the Regulator and the Board.
Develop and monitor the Implementation of Market and operational Risk monitoring plans to constantly update and monitor the Bank on its risk level with regulatory laws


 JOB DESCRIPTION


Plan, coordinate and assess operational and market risk management activities in the bank to ensure that the Bank achieves its objectives of meeting Basel II requirements for internationally active banks.
Develop and monitor the Implementation of structures for the establishment of risk appetite for the bank by setting of risk tolerance limits and key risk indicators in line the Policies
Develop and monitor implementation of processes for the validation of processes mapped including risk identification, severity assessment, frequency of occurrence and controls documented.


KEY PERFORMANCE INDICATORS


% age implementation of operational and Market Risk plans
Staff productivity and engagement score/index including attrition rate
100% up-to-date, accessible and adhered to bank wide policies
Acceptable Risk Management Audit score for internal, External and Regulatory Active and functional BCP plans
Monthly /Timely reporting losses to management of presentation of Risk Learning points to EXCO
Quarterly control and risk self assessment questions in products, processes, systems and activities in the entire Bank
Quarterly presentation of Keys Risk Indicators (KRIs) reports for various products, processes, activities, systems, policies and external events to stakeholders
Risk identification and control in new products, services and processes before such are deployed Bank-wide within 48 hours after receipt from the product owners
Quarterly risk and control-based procedure, validations and manuals for the mapped processes
Timeliness at preparing Quarterly Board Report
Monthly EXCO Risk Management Status Reports.
Acceptable Risk Management Audit score
100% bank compliance to risk regulatory laws/standards 


JOB REQUIREMENTS

Education


Minimum education level: First degree (or equivalent) in Accounting, Banking & Finance or related discipline
Postgraduate degree/MBA and/or Professional qualification in accounting e.g. CPA,ACA, ACCA desirable


Experience


Minimum experience: At least 8 years banking experience; 5 years in leadership capacity


KEY COMPETENCY REQUIREMENTS

Knowledge


Core Business Processes
Industry Knowledge
Banking Operations
Business Risk Management
Credit Analysis
UBA banking structure, policies and procedures.
Accounting and tax
Local laws
Data gathering and analysis
Financial analysis


Skill/Competencies


Professional disposition, Strategy formulation & Business Awareness, Creativity & Innovation, Resource Management, Delegation & Empowerment, Ability to Inspire & Manage
Change, Analytical Thinking, Decision Making, Problem Solving, Diversity Management
Interrogatory skills; Communication skills; Fraud
Detection & Control; Internal Audit practice;
Accounts Management; Analytical and
Investigation Skills; Auditing Skills
Accounting Skills; Comprehensive Banking
Operations (Domestic and Foreign) Skills;
Comprehensive Treasury skills
  • Finance
  • Accounting
  • Audit