Related Jobs
.png)
.jpg)
.jpeg)
Related Jobs
.png)
.png)
.jpg)
Related Jobs
Share this Job
About the Organisation
Yako Bank (U) Limited was incorporated in the Republic of Uganda in 2010 and licensed as a Credit Institution by Bank of Uganda in 2020. In September 2015, Yako got its license to operate as a deposit taking institution and started operations under the name Yako Microfinance (U) Limited. It upgraded to a Credit Institution in 2020 and was licensed to operate as Yako Bank (U) Limited. Yako Bank is owned by different shareholders and has been licensed by Bank of Uganda to provide savings and lending products to different clients.
Risk Manager job at Yako Bank | Apply Now
Kampala, Uganda
Yako Bank (U) Limited is a forward-thinking financial institution with a mission to provide accessible, innovative, and customer-centric banking solutions that promote financial inclusion across Uganda. Established with a strong focus on offering personalized banking services, Yako Bank has quickly gained recognition for its commitment to excellence and the delivery of reliable financial products.
The bank values a collaborative and inclusive work culture, prioritizing professional development, diversity, and work-life balance for its employees, which is reflected in its employee value proposition. The bank offers a variety of job opportunities, including roles in customer service, finance, IT, and operations, and provides flexible work arrangements to ensure a supportive work environment.
Since its founding, Yako Bank has continually evolved to adapt to the needs of the modern banking market, leveraging technological innovations such as mobile banking, digital payments, and online account management to better serve its customers. With an expanding presence, Yako Bank has been instrumental in contributing to financial empowerment for individuals, businesses, and communities. The bank operates with a core set of values centered around trust, integrity, customer focus, and social responsibility.
Its corporate social responsibility initiatives focus on education, healthcare, and environmental sustainability, reflecting its commitment to making a positive impact. Yako Bank's official website offers further insights into its products, services, and community outreach efforts.
Are you looking for Accounting jobs in Uganda 2024 today? then you might be interested in Risk Manager job at Yako Bank
Full Time
Deadline:
10 Dec 2024
Job Title
Risk Manager job at Yako Bank
Yako Bank
Job Description
Job Title: Risk Manager
Organisation: Yako Bank (U) Limited
Duty Station: Kampala, Uganda
The Risk Manager will oversee the organizations comprehensive risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of the organization.
Duties, Roles and Responsibilities
Qualifications, Education and Competencies
See all details of the qualifications, competencies and education for this role under the "How to Apply" section below.
All suitably qualified candidates should send their CVs and academic papers and cover letters to hr@yakobank.com in one PDF file addressed to; the Head of HR & Administration Yako Bank Uganda Limited, First Floor FF 39C Forest Mall Block A.
Deadline: 10th December 2024.
Note: Candidates must put the Job title/position in the subject of the email during the submission of their application. Yako Bank is an equal-opportunity employer and does not ask for money or rewards in exchange for Job opportunities. Only successful candidates will be contacted.
Find application details and links on the AfriCareers Jobs Portal:
-
Click the Apply button below
-
New users: Select Create Profile and complete the Profile Creation Wizard
-
Existing users: Log in and update your profile if needed
-
Go to the "Jobs" tab
-
Read the detailed job description, Roles and Qualifications.
-
Submit your application via the jobs portal
-
Track progress under "My Applications" tab
Important Note: Some employers now hire directly on the AfriCareers New Jobs Portal — keep your profile updated so employers can easily view your CV and hire you instantly.
How to Apply
Responsibilities:
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
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications:
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
