VACANCY ANNOUNCEMENTS – HEAD ENTERPRISE RISK MANAGEMENT – MEASUREMENT – ESRM & SUSTAINABILITY

Job title        :  Head Enterprise risk management – Measurement – ESRM & sustainability

Department       : Risk Management

Reporting Line    : Chief Risk Officer

Location            : Douala

Job purpose :  Oversee and manage the bank’s enterprise-wide risk management framework. The role involves identifying, assessing, and mitigating risks to ensure the bank operates within its risk appetite while complying with regulatory requirements.

Key Accountabilities:

• Develop and implement the bank’s enterprise risk management strategy and framework
• Ensure alignment of risk management activities with the overall business strategy
• Identify and evaluate potential risks to the group’s operations, finances, and reputation
• Conduct comprehensive risk assessments and develop risk profiles for various business activities
• Formulate and implement risk mitigation plans and control measures.
• Monitor and report on the effectiveness of risk mitigation strategies
• Develop and update risk management policies and procedures in compliance with regulatory requirements.
• Establish a robust risk monitoring system to track key risk indicators.
• Prepare and present regular risk reports to the executive management and relevant committees
• Foster a culture of risk awareness and accountability within the organization
• Engage with regulatory bodies, external auditors, and other stakeholders on risk-related issues.
• Collaborate with business units and departments to understand their risk profiles and ensure effective communication on risk matters.
• Develop and implement response plans for potential risk events and crises
• Coordinate with relevant teams to manage and mitigate the impact of risk incidents
• Formulates risk management policies
• Responsible for establishing methodologies for risk measurement across the Bank
• Directs group-wide engagement with regulators on internal capital and liquidity adequacy assessments
• Supervises the articulation and reporting of the group-wide recovery and resolutions plan
• Supervises the performance of stress testing and scenario planning
• Make representations to the board on risk measurement issues
• Supervises the model risk management process
• Manage the Expected Credit Loss (ECL) FLI estimation process and provides training and technical support to SBUs
• Oversee the internal capital charge for Operational risk, market risk credit risk, and other pillar 2 risks
• Manage the enterprise-wide risk dashboards for monitoring and reporting on limits
• Responsible for drafting, monitoring, and updating the risk appetite and tolerance limits
• Develop and implement the sovereign risk rating strategy and frameworks
• Develop and implement the Bank’s model risk management frameworks
• Coordinates the conduct of environmental and social risk screening and assessment of credits
• Supervises the conduct of due diligence and drafts action plans for the management of E&S issues
• Ensures on-going compliance with the applicable E&S requirement and action plans on daily basis
• Collaborates with credit support team to prescribe management system for high E&S risk credits/obligors
• Responds to all regulatory requests relating to ESRM across the Bank
• Serve as liaison office for all Development finance partners on E&S related enquiries
• Drives the Group’s partnerships in all E&S-related issues – In line with the IFC,EPs, GRI & NSBP stipulations
• Reports and engages with Central Bank/Regulators BN on E&S-related activities
• Coordinates regular training on ESRM across the Bank
• Formulates, implements, evaluates, and monitors the sustainability strategy of the Group in conjunction with relevant stakeholders (internal & external)
• Drafts and publishes the Group’s annual ESG Reports  
• Conducts green tagging assessment/audit and maintains a database of stranded/potentially stranded assets
• Manages the preparation of the group’s climate change policies
• Oversees the identification, measurement, evaluation, monitoring, control, and reporting of sustainability-related risks and opportunities
• Support and contribute to the calculation of the group’s scope 1,2&3 carbon footprints
• Lead and manage a team of sustainability professionals, providing guidance and support                                                 

KEY PERFORMANCE INDICATORS

• Timely rendition of all regulatory reports
• Timeliness of conducting comprehensive risk assessments
• Effectiveness of risk mitigation plans
• Adherence to regulatory requirements and internal policies
• Frequency and accuracy of risk monitoring reports
• Effectiveness of communication channels for risk reporting
• Training and development initiatives for the team
• Effective collaboration with business units and departments
• Effectiveness of crisis management plans
• Integration of risk considerations in strategic decision-making
• Timely response to deviations from established risk thresholds
• Number of regulatory compliance issues resolved
• Efficiency gains in risk management processes
• Shareholder confidence in the bank’s risk management practices

Minimum Education Qualifications

 Minimum of a good bachelor’s degree in a relevant subject, such as natural or social sciences, with relevant second degree and professional certificates as advantage

Work Experience

Minimum of 8 years requisite experience in banking covering enterprise risk management, ESG Financial reporting standards

Key Competencies:

Knowledge

• In-depth knowledge of enterprise risk management principles, regulatory requirements, and best practices.
• Computer literate
• Understand banking operations
• Knowledge of Financial Analysis.
• Risk modeling techniques

Skills/Competencies/Aptitudes

• Ability to think strategically and demonstrate initiative
• Good analytical skills
• Good interpersonal, listening, and communication skills
• Excellent leadership and team management abilities Organization & coordination
• Prudent budget management

Application submission

Candidates should send their resume and motivation letter to hcmrecruitcameroon@ubagroup.com, with the heading “ Head Enterprise risk management/ Measurement/ESRM & sustainability)” Later September 29, 2024

 Only shortlisted candidates will be contacted to proceed to the interview stage.

 UBA Cameroon is committed to meritocracy and inclusiveness and will not unfairly discriminate in recruitment, training, career development and promotion on the basis of race, color, ethnicity, gender, marital status, disability, religion or belief and age.

If you do not receive any response 01 month after this publication, kindly consider your application as non-accepted for this time