Operational Risk Officer – I&M Bank
March 10, 2023
Job Title: Operational Risk Officer
Organization: I&M Bank
Location: Kampala
Roles and responsibilities
- To support senior management to effectively deploy Operational Risk Management Framework (ORMF) Business Continuity Management Framework, Fraud Risk Management Framework, and Incident Management Framework within the Bank.
- Perform Operational risk stress testing that will help to maintain a forward-looking risk profile of the Bank that captures the major risks, ensuring that risks that might impact multiple businesses and/or support functions are captured, and actions initiated to mitigate and control risks leading to a reduction in operational losses within the Bank’s risk appetite.
- Independently assess risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
- Develop and maintain relationships across the business users and Lines of Defense to understand and deliver customer requirements.
- Perform Operational risk, BCM, Fraud risk assessments to support implementation of new and existing projects.
- Analyze performance of management tools in an attempt to mitigate exposure (risk/financial/regulatory)
- Promote a no surprise environment by performing snap checks on branch cash, targeted controls, etc.
- Annually train staff in Operational Risk Management/ ORMF/ BCM/ FRM/Incident Management policies and procedures.
- Ensure that controls and checks associated with Risk control self-assessments (RCSAs) deployment are in place, effective reviewed annually.
Minimum Qualifications:
- Minimum of Bachelor’s Degree (B. Com, BBA, BSc, BA, B.STAT, BA ECON.)
- A professional qualification e.g., ACCA, CFA, ACIB, CPA are an added advantage
- Minimum of 2 years cognate experience
How to apply
Interested applicants submit their CVs and applications online using the link below:
Application deadline: 22nd March 2023
Only shortlisted candidates will be contacted for interviews.
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