UBA Cameroon is hiring a Head Enterprise risk management – Measurement – ESRM & sustainability.
- Job Title: Head of Enterprise Risk Management – Measurement, ESRM & Sustainability
- Department: Risk Management
- Reporting to: Chief Risk Officer
- Location: Douala
Job Purpose
The Head of Enterprise Risk Management will oversee and manage the bank’s enterprise-wide risk management framework. This includes identifying, assessing, and mitigating risks to ensure the bank operates within its risk appetite while fully complying with regulatory requirements.
Key Responsibilities
- Develop and implement the bank’s enterprise risk management strategy and framework.
- Ensure risk management activities are aligned with the overall business strategy.
- Identify, evaluate, and mitigate potential risks to the bank’s operations, financial health, and reputation.
- Perform comprehensive risk assessments and develop risk profiles across different business activities.
- Design and execute risk mitigation plans and control measures.
- Continuously monitor and report on the effectiveness of risk mitigation strategies.
- Update and maintain risk management policies and procedures to ensure compliance with regulatory standards.
- Establish a robust system for tracking key risk indicators (KRIs).
- Prepare and present regular risk reports to executive management and relevant committees.
- Foster a culture of risk awareness and accountability throughout the organization.
- Collaborate with regulatory bodies, external auditors, and other stakeholders on risk-related issues.
- Coordinate with various departments to ensure they understand their risk profiles and facilitate effective communication on risk matters.
- Develop response plans for potential risk events and crises.
- Oversee the Expected Credit Loss (ECL) estimation process and provide training and technical support to business units.
- Manage risk measurement methodologies across the bank, including internal capital and liquidity adequacy assessments.
- Supervise stress testing and scenario planning, and ensure timely reporting to the board on risk measurement matters.
- Draft and update the bank’s risk appetite and tolerance limits, ensuring all risks are well monitored and reported.
Sustainability and ESRM Responsibilities
- Develop and implement the bank’s sustainability strategy in coordination with internal and external stakeholders.
- Ensure compliance with Environmental and Social Risk Management (ESRM) policies and regulatory requirements.
- Lead the preparation of the bank’s annual Environmental, Social, and Governance (ESG) reports.
- Conduct green tagging assessments and maintain a database of stranded or potentially stranded assets.
- Lead the group’s climate change policies and ensure compliance with IFC, EPs, GRI & NSBP guidelines.
- Coordinate training and awareness programs on ESRM across the bank.
Key Performance Indicators (KPIs)
- Timely submission of all regulatory reports.
- Timeliness and comprehensiveness of risk assessments.
- Effectiveness of risk mitigation strategies.
- Adherence to regulatory standards and internal policies.
- Accuracy and frequency of risk monitoring reports.
- Efficiency of crisis management and response plans.
- Effectiveness in training and development of risk management teams.
- Shareholder confidence in the bank’s risk management practices.
- Integration of risk considerations into strategic decisions.
Minimum Qualifications
- A bachelor’s degree in a relevant field such as natural or social sciences. A relevant second degree and professional certifications are an added advantage.
Work Experience
- A minimum of 8 years of experience in banking, with a focus on enterprise risk management and ESG financial reporting standards.
Key Competencies
- Extensive knowledge of enterprise risk management principles, regulatory requirements, and best practices.
- Proficient in financial analysis and risk modeling techniques.
- Strong strategic thinking and analytical skills.
- Excellent interpersonal, leadership, and team management abilities.
- Ability to manage budgets prudently.
Application Process
Interested candidates should send their resume and motivation letter to hcmrecruitcameroon@ubagroup.com with the subject line: “Head of Enterprise Risk Management / Measurement / ESRM & Sustainability.” Deadline for submission is September 29, 2024.
Only shortlisted candidates will be contacted for the interview stage.
UBA Cameroon is committed to meritocracy and inclusiveness, ensuring fair recruitment and career development opportunities without discrimination based on race, ethnicity, gender, disability, or religion.
If you do not receive feedback within one month, consider your application unsuccessful this time.
