Operational Risk Officer
Kampala, Uganda * Full-time
FINCA Uganda
Category: Finance
Total Positions:
Location: Kampala, Uganda
Full-time
Salary: Attractive
Posted 10 months ago
KEY DUTIES AND RESPONSIBILITIES
• Coordinating Business Resumption tests, departmental Business continuity tests, continuously updating the call tree lists and Business Continuity Plan training of bank staff.
• Assessing risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
• Investigating the logged incidents by conducting a root cause analysis and tracking recommendations to resolution.
• Implementing and reviewing the respective Branch / departmental RCSA tools, updating the risk registers and following up implementation of action points agreed in the departmental Risk Management forums, processes and project risk assessments.
• Participating in monitoring of the bank’s adherence to corporate governance standards set in the policies and procedures and existing regulatory frameworks.
• Creating awareness of risks that the institution is exposed to, their impact and actions/measures in place to mitigate them through formal trainings/sensitizations, forums, newsletter articles, emails, etc.
• Performing Operational risk stress testing that will help to maintain a forward-looking risk profile of the Bank that captures the major risks and actions initiated to mitigate and control risks leading to a reduction in operational losses within the Bank’s risk appetite
• Following up and ensuring that all Internal/External Audit and BOU inspection findings have been fully resolved and that no repeat findings arise in subsequent audits.
• Conducting periodic risk based Function/Business Unit/Branch reviews to monitor how effective their risk management practices are and recommend for remedial actions where there are control weaknesses as part of the assurance initiatives
• Performing testing on identified operational risk controls to ensure they have adequate governance, evidence of execution and appropriate monitoring and execution.
Recommended for you
QUALIFICATIONS / SKILLS
• Good communication skills
• Good understanding of Risk Management principles.
• Good understanding of Basel requirements and evolving regulatory guidelines in this space.
• Strong problem-solving skills
• Excellent understanding of the evolving practices for the management of credit and market risk and regulatory requirements.
• Qualifications and Experience
• A Business degree in Risk, finance, Commerce, Business Administration, Economics, Statistics or any other relevant field.
• Possession of a Certified risk management qualification, CPA or ACCA or master’s degree in a relevant field is an added advantage.
• Relevant practical training in Operational Risk Management in a Financial Services sector.
• A minimum of 3 years’ banking experience with at least 1 year being in banking operations.
HOW TO APPLY
All candidates who so wish to take up this role in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates to: ug_jobs@fincaug.org
Deadline: 5th September 2025
CLICK HERE TO APPLY
Deadline: Expired
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