Risk Manager

Requirements

• The ideal applicant must hold a Bachelor’s Degree in Finance, Economic, and or
  
• Finance
  
• Certification in Risk Management will be an added advantage
  
• At least 10 years’ experience in Risk Management or Assurance function 5 of which serving in senior management position in a regulated financial institution.
  
• Good communications skills
  
• Good inter-personal skills
  
• Integrity
  
• Professionalism
  
• Good accounting knowledge
  
• Knowledge of international financial reporting standards
  
• Good analytical skills
  

How to Apply:

All suitably qualified candidates should send their CV and academic papers and cover letter to hr@yakobank.com in one PDF file addressed to; Head of HR & Administration Yako Bank Uganda Limited, First Floor FF 39C Forest Mall Block A.

Note:

• Candidates must put the Job tittle/position in the subject of the email during submission of their application.
  

• Identifying and analyzing various risks (e.g., Operation, Market, Credit, People risk)
  
• Developing risk management controls and contingency plans
  
• Conduct assessments to define and analyze possible risks
  
• Evaluate the gravity of each risk by considering its consequences
  
• Oversee that Internal queries raised by branches and external queries raised by customers, regulators and correspondent banks on AML matters.
  
• Audit processes and procedures
  
• Develop risk management controls and systems
  
• Oversee the annual KYC review of High-risk customers, review their transactions continually to validate authenticity.
  
• Conduct annual KYC renewal for all counterparties and correspondent banks.
  
• Conduct risk assessments for any new products.
  
• Ensure compliance to regulatory requirements through continuous monitoring.
  
• Review transactions processed from money transfer services and prepare respective reports.
  
• Design processes to eliminate or mitigate potential risks
  
• Create contingency plans to manage crises in the bank
  
• Evaluate existing policies and procedures to find weaknesses and recommend amendments to board through management.
  

• Prepare reports and present recommendations monthly to Management, quarterly to Board Risk committee and any other as may be required by the regulator.
  
• Help implement solutions and plans
  
• Evaluate employees’ risk awareness and train them when necessary
  
• Perform other duties as may be assigned