RISK MANAGER
Uganda * Full-time
Bank of India Uganda
Bank of India (U) Ltd invites applications for employment from suitably qualified Ugandan Citizens willing to serve at our Head office located at Kampala for the following position: –
1. POSITION: RISK MANAGER.
Job Ref: BOIUL/HR/RM/12/01
Reports to: HEAD OF RISK.
Duty Station: Head Office, Kampala
Grade: MANAGER
Job Purpose.
The Risk Manager cum ESC Champion shall coordinate the development and implementation of the Risk Management policies and strategies to wards fulfillment of the Bank’s Mission and strategic goals.
KEY DUTIES AND RESPONSIBILITIES
ESG Responsibilities
- Monitor ESG Risk exposure to the capital of the bank through regulatory guidelines
- Report incidences of violation of banks ESG frame work and track all exceptions
- Evaluate and monitor the effectiveness of the bank’s various stake holders in implementation of the ESG frame work
- Ensure ESG reporting requirements are observed including the adoption of risk monitoring toolkits
- Pro actively analyses data and flag gaps in utilized opportunities for green lending
- Drive ESG culture and mind set across the business and all its stakeholders
- Coordinate the development and implementation of ESG framework and work plan for the bank and ensure it is regularly updated and any other work related to ESG
Risk Management Responsibilities
- Develop and implement Risk Management program, system and procedures for the identification, assessment and management of potential risks in liaison with the Risk owners/ process owners in compliance with applicable Risk Management standards.
- Develop and implement an effective and cost efficienterisk Monitoring evaluation, control and reporting framework and report to management on monthly, quarterly and annual basis as appropriate.
Ensure that all possible risks (Strategic, Operational, Credit, Liquidity, Interest rate, Foreign Exchange, Compliance, etc.) are identified, analyzed, assessed in a timely manner and appropriate risk responses formulated and implemented. - Develop and implement an effective and cost-efficient risk monitoring, evaluation, control and reporting framework and report to Management and the Board Risk Committee on a monthly, quarterly and annual basis as appropriate
Ensure that Management and staff are continuously trained and sensitized on Risk Management and their respective roles and responsibilities in Risk Management. - Stay abreast with, monitor and report new trends and developments in Risk Management to improve risk programs and keep Management apprised of the developments and their effects in line with the global best trends.
- Effectively coordinate the implementation of the risk mitigation actions by the respective risk owners/business units.
Perform periodic tests to confim compliance with regulatory requirements and ensure that the Bank’s standards continue to be monitored effectively by Line Management. - To establish processes for identifying and reporting any breaches or suspected breaches to the Managing Director.
- Liaise with Line Managers to ensure that the Bank’s product review and new product development/approval processes are compliant with regulatory requirements and initiate reviews where changes in legal environment affect products.
- Timely preparation of various returns, reports as per regulatory / shareholder requirement.
- Implementation of Departmental Work plan
- Perform political, economic, social and technological (PEST) analysis to identily emerging risks facing the Bank for detailed analysis and subsequent development of high-level control interventions to manage emerging trends
- Develop risk management policies including the quantification of Management’s
Risk Appetite through specific risk limits - Quick resolution of Audit reports (Internal, External, Parent Bank, BOU, etc.)
- Timely and accurate submission of statutory reports to Bank of Uganda
- Any other assignment by Management/Board from time to time.
Recommended for you
QUALIFICATIONS / SKILLS
MINIMUM QUALIFICATIONS
The ideal candidate will have the following:
- Must have a Bachelor’s degree in either Business administration, Commerce, Accounting and Finance or any other business related field.
- Any additional qualification in ESG will be preferred.
EXPERIENCE
- Minimum of 5 progressive years of experience in banks, at least 3 years at a supervisory or Managerial level in Risk department in a Bank / financial institution.
- Demonstrated experience in various risk management and ESG risk in particular.
TECHNICAL COMPETENCES
- Up to date Knowledge of methodologies and trends in both business risk and ESG matters.
- Knowledge and understanding of Risk Management of Banking system in Uganda.
Suitable basic knowledge in IT is a must
BEHAVIOURAL COMPETENCES
- Highly organized person, with ability to multitask with ease
- Leadership skills
Integrity
- Team player
- Emotional intelligence skills.
PHYSICAL DEMAND OF THE JOB
• The job requires long sitting hours
Age
•Preferably below 40 years. However, Management reserves the right for determining the age criteria even below /above 40 years keeping in view the experience/qualifications, etc
HOW TO APPLY
Suitable candidates should submit their applications along with their CVs in person to HR Department, Bank of India. (U) Ltd, Head Office, Plot 37 Jinja Road next to National Water Offices, Kampala or email it to boiul.hr@bankofindia.bank.in and or boiul.uganda@bankofindia.bank.in not later than by 10th January, 2026 up to 5:00PM.
Toll free NO.0800140148
Deadline: Expired
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