Head Risk Career Opportunity - Stanbic Bank ~ Ugandan Jobline Jobs

Organisation: Stanbic Bank

Duty

Station:  Crested Towers, Kampala, Uganda

Stanbic Bank Uganda Limited is a

subsidiary of Stanbic Africa Holdings Limited which is in turn owned by

Standard Bank Group Limited (“the Group”), Africa’s leading banking and

financial services group. The Standard Bank Group is the leading banking group

focused on emerging markets. It is the largest African banking group ranked by

assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda

by assets and market capitalization. It offers a full range of banking services

through two business units; Personal and Business Banking (PBB), and Corporate

and Investment Banking (CIB).

Job Summary:   The Head Risk will oversee and manage the

in-country risk team accountable for providing risk management support to

senior management in discharging their responsibility for managing the various

risk types and providing assurance that processes for identifying, measuring,

controlling and reporting on relevant risks are in accordance with the bank’s

and Group’s risk management framework, standards and policies. Primary responsibilities

include contributing to business strategy formulation and execution as part of

the bank’s executive committee ensuring that there is appropriate consideration

of risk implications arising from the business strategy and plans.

Key Duties and Responsibilities: 

• The
  
  Head will offer risk leadership to in country risk and ensuring compliance
  
  with group minimum standards in relation to market risk, liquidity risk,
  
  operational risk, compliance risk and other risks as may be determined
  
  from time to time by the managing director or Centre risk directors.


• In
  
  charge of the determination of the risk strategy for the bank in
  
  consultation with business partners, aligned to the Standard Bank Africa
  
  (SBAF) business (PBB and CIB), SBAF risk and Group risk strategies.


• Define,
  
  develop and maintain an effective risk management framework, aligned to
  
  the SBAF business processes, SBAF risk framework and the Group’s
  
  standards.


• Customise
  
  Group risk standards and policies to in country conditions, without
  
  compromising on Group minimum requirements; and obtaining consent for
  
  modifications from the relevant Group policy custodian.


• Routinely
  
  engage the Centre risk partners to ensure coordination and effective
  
  execution of risk processes.


• Actively
  
  participate in the bank’s business processes, initiatives, forums,
  
  committees, etc. to ensure that risk requirements are appropriately
  
  considered, executed and reported e.g. Board risk and audit committees,
  
  EXCO, PBB and CIB Exco’s, Operational Risk and Compliance Committee, New
  
  Products Committee, ALCO, Credit committee etc.


• Regularly
  
  communicate the Group risk standards, policies and other risk principles
  
  effectively to risk staff and business partners.


• Ensure
  
  that risk standards and policies are properly implemented.


• Carry
  
  out periodic self-assessments of compliance with risk governance
  
  standards, to formulate applications for appropriate carve-outs or
  
  dispensations from standards and ensure that appropriate remedial action
  
  plans are implemented to mitigate any deficiencies identified.


• Ensure
  
  that appropriate training initiatives (including calling for training to
  
  be provided by Group or Centre risk partners) are planned and executed.


• The
  
  Head Risk will be responsible for carrying out appropriate monitoring
  
  activities to provide assurance on the effectiveness of risk functions to
  
  the bank’s executive management, its board and to Centre risk partners.


• Escalate
  
  breaches and incidents as per the appropriate escalation processes,
  
  including appropriate participation in the remedial actions.


• The
  
  incumbent will prepare and submit monthly and quarterly reports on
  
  activities and risk profile to the bank’s governance committees (board,
  
  executive and business unit management and risk governance) and to provide
  
  prescribed information to Centre risk partners.


• Oversee
  
  and manage the bank’s risk team


• Effective
  
  management of subordinates


• Evaluate
  
  and manage the performance of to achieve a high standard of competence,
  
  motivation and service orientation, focusing on the development and
  
  retention of promising staff.


• Manage
  
  and ensure there is a cordial communication relationship between the bank
  
  and the regulator

Qualifications, Skills and Experience: 

• The
  
  ideal candidate should preferably have a minimum of five to possibly ten years’
  
  banking experience the majority of which in a relevant risk management
  
  environment.


• The
  
  applicant must hold a relevant tertiary qualification (a risk management
  
  qualification would be an advantage);


• Detailed
  
  knowledge and understanding of the bank’s business environment, strategy
  
  and plans and products;


• Practical
  
  knowledge of how to input, access and utilise information from the
  
  network/systems to analyse and forecast trends;


• Detailed
  
  working knowledge of the bank’s operating systems and controls;


• Computer
  
  literacy skills i.e. proficiency in MS Office

All candidates who wish to join the one

of Africa’s biggest Banking Groups, Standard Bank in the aforementioned

capacity are encouraged to Apply Online by visiting Link below.

Deadline:

14^th August, 2015