REPORTING TO: Head of Credit Risk Management
JOB PURPOSE: Reporting to the Head of Credit Risk Management, the role holder will be responsible for driving and implementing the credit risk management assurance framework and program, by aligning internal credit risk methodologies, policies, processes and tools with the bank’s risk appetite, statutory requirements and leading risk practices and enforcing compliance to the aligned criteria in order to ensure a “No-surprise” environment, and thus minimize repeat assurance and audit findings.
LOCATION: Kampala
KEY ACCOUNTABILITIES:
- Conduct periodic benchmarking and alignment of credit risk policies, procedures, product papers, systems and Credit risk tools to the banks risk appetite, regulatory and statutory guidelines as well as leading risk practices.
- Conduct regular credit risk assurance reviews of the activities, transactions and processes of PBB, DIB (<15bn/=), Credit Approval, Documentation and Special Assets Management to verify that deal origination, analysis, evaluation/ assessment, and approval is effective and in line with the set risk appetite, credit underwriting criteria, policies, product paper guidelines and report any breaches accordingly.
- Periodically assess compliance by the business and credit to any other regulatory and statutory requirements.
- Identification of any changes in transaction types undertaken by the Business and Credit that may affect the agreed Risk profile and proactively recommend remedies.
- Provide guidance to stakeholders on areas of improvement in credit analysis, assessment, approval, administration, settlement, and recovery.
- Provide professional advice and assistance to the Business and Credit Approval team in structuring client facilities appropriately and in conformance with regulatory requirements in order to maximize revenue for the bank.
- Periodically review the underwriting standards and performance of workplace Schemes for identification and mitigation of Credit Risk.
- Facilitate the Credit Risk Control Self-Assessment process for business and Credit to ensure that all set mitigants to key Credit risks are in place and well respected.
- Continuously review the end-to-end lending process, proactively identify potential risks, and develop specific recommendations for new or enhanced Credit risk controls.
- Conduct regular training in Credit Risk Management for all relevant stakeholders and utilize a lesson’s learnt approach in order to embed a culture that learns from past experiences.
- Participate in the digitization of core processes to simplify, standardize, and automate them, in order to reduce non-financial risk and increase efficiency—in particular, Credit risk-related processes.
QUALIFICATIONS, EXPERIENCE AND COMPETENCIES REQUIRED:
- University degree or equivalent, in Economics, Banking or Finance.
- Master’s degree in relevant field or professional Credit certification or ACIB.
- 8 years banking experience, with at least 5 years in a credit-related function.
- Detailed knowledge of risk management policy, procedures & pricing.
- Working knowledge of credit products in Personal, Business and Corporate Banking.
- Comprehensive technical credit skills with an ability to deal with top end Commercial lending proposals.
- Appreciation of regulatory and statutory guidelines.
- Knowledge on macro-economic and sector performance.
- Credit underwriting skills.
- Good understanding of Financial lending products.
- Good business awareness and specific industry awareness.
- Attention to detail.
- Good interviewing skills to enlist required information.
Application Details:
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Friday 15th January 2021 to the email address indicated below.
dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.
Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.