1. BUSINESS AND FINANCIAL PERFORMANCE Objective: Ensure portfolio quality, accurate impairment provisioning, and effective credit risk portfolio monitoring to support the Bank's financial performance. Key Responsibilities - Continuously review the adequacy of loan loss provisions in line with BOU Prudential Guidelines and the IFRS9 impairment model and recommend appropriate provision levels.
- Maintain a comprehensive provision schedule and undertake quarterly discounting of securities for NPLs.
- Review account classification and IFRS9 staging and recommend the correct classification.
- Work with Group Risk Analytics to recalibrate the IFRS9 impairment model annually.
- Track recoveries and regularly report write-off statistics.
- Monitor portfolio concentrations against approved limits (obligor, sector, product, cross-border, currency, etc.).
- Monitor sector concentration limits.
- Monitor PP limits and PP performance matrices.
- Monitor compliance with credit-related regulatory ratios.
- Review NPL portfolios and initiate write-offs, write-backs, and interest write-offs in line with the In Duplum Rule.
- Ensure provisions and suspended interest are correctly booked at all times.
2. CUSTOMER CENTRICITY Objective: Deliver timely and reliable credit portfolio information to internal stakeholders while fostering effective collaboration and support. Key Responsibilities - Coordinate and collaborate with Finance, Operations, Treasury, and Business Units in the preparation of credit-related reports.
- Follow up with Business Units on IFRS9 staging override memos and facilitate timely approvals.
- Prepare and provide timely management information and portfolio performance reports to stakeholders.
- Serve as the key point of contact for portfolio and impairment-related matters during internal and external reviews.
- Ensure accurate and timely reporting to support business decision-making and regulatory compliance.
3. CONTROLS AND PROCESSES Objective: Maintain strong governance, data integrity, reporting accuracy, and regulatory compliance across portfolio management activities. Key Responsibilities - Ensure timely and accurate preparation of all regulatory returns, Group returns, and management reports.
- Review and sign off all credit-related reports prepared by the unit.
- Prepare Quarterly Board Papers within the prescribed timelines.
- Prepare Quarterly Portfolio Performance Reports for Credit Risk Management.
- Prepare the monthly EXCO Credit Risk Dashboard.
- Review and ensure accurate MIS maintenance in the core banking system, including classification, risk ratings, sector allocation, and IFRS9 staging.
- Ensure all loan-related GL accounts reconcile at all times.
- Oversee CRB reporting and ensure regular data clean-up and updating of settled facilities.
- Provide portfolio reports and information required by external auditors, BOU auditors, and Group auditors.
- Act as the primary liaison during audits relating to portfolio quality, classification, provisioning, and impairments.
4. MUST-WIN BATTLES Objective: Drive strategic initiatives, digital transformation, and regulatory projects that strengthen credit risk management capabilities. Key Responsibilities - Lead and oversee the BOU Granular Data Integration Project and ensure seamless operations post-implementation.
- Act as Project Manager for all automation initiatives within the Credit Risk Management Department.
- Drive continuous improvement in portfolio reporting, data quality, and regulatory reporting processes.
- Support enhancements to IFRS9 governance and portfolio analytics capabilities.
- Champion automation and efficiency initiatives aimed at improving credit risk monitoring and reporting.
5. PEOPLE MANAGEMENT Objective: Build a high-performing team and ensure effective execution of departmental objectives. Key Responsibilities - Manage, coach, and develop Portfolio Analysts within the unit.
- Set performance objectives and conduct periodic performance reviews.
- Provide technical guidance and quality assurance for reports prepared by team members.
- Foster a culture of accountability, collaboration, continuous improvement, and regulatory compliance.
- Support knowledge sharing and capability building within the Credit Risk Management function.
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Experience & Qualifications Bachelor’s Degree in Mathematics, Statistics, Economics, Finance. Minimum 5years banking experience, two of which must have been in a credit-related role. Extensive experience in working with MS Excel and Powerpoint. Minimum 2 years in portfolio analytics
Competence Requirements Sound knowledge of Bank of Uganda Prudential Guidelines, IFRS9, Financial Institutions Act; Understanding of credit risk and general trends in the banking sector; Technical skills to effectively perform the credit administration activities/tasks in a manner that consistently produce high quality of service. Knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks. Self-empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture. Initiative and decision-making techniques aimed at resolving and proposing solutions to the various challenges in Credit administration. People managements skills and ability to work across functions.
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