Job Offer: Credit Risk Monitoring Team Member – UBA

• Job Title: Credit Risk Monitoring Team Member
• Department: Risk Management
• Reporting To: Head of Credit Risk Management
• Location: Head Office

Job Objectives:

• Ensure accurate and comprehensive management of the bank’s loss databases, adhering to Basel II Accord standards to support Operational Risk Capital Calculation.
• Develop and maintain the Business Environment Internal Control Factors (BEICFs) library to enhance operational risk measurement and management.
• Conduct training on loss reporting to enhance staff awareness.
• Continuously monitor UBA Cameroon’s risk profile through Key Risk Indicators (KRIs), and promptly inform relevant stakeholders when risks exceed the group’s risk appetite or tolerance levels.
• Establish and manage a database for risk mitigation and corrective action plans for UBA Cameroon.
• Track and report on unresolved Risk Mitigating Action Plans.

Key Responsibilities:

• Classify losses and loss events according to Basel II Accord specifications to ensure accuracy.
• Maintain and analyze the BEICFs database, drawing information from sources like audit exceptions, system downtime reports, and disciplinary committee feedback.
• Identify and document external loss events relevant to the bank.
• Monitor and report on emerging risks or high-risk exposures, leveraging reports from investigations, audits, legal, customer service, and disciplinary committees.
• Identify key or emerging risks from the loss database, focusing on frequency, impact, and the control environment. Propose effective controls to prevent the recurrence of operational losses.
• Reconcile and validate loss data, ensuring accuracy and reliability.
• Collaborate with stakeholders to ensure the timely implementation of risk mitigation strategies.
• Escalate unresolved Risk Mitigating Action Plans to responsible parties promptly.
• Track and report on the progress of risk mitigation plans for UBA Cameroon.
• Conduct trend analysis on evolving risk profiles to predict and manage key risks more effectively.

Key Performance Indicators:

• Deliver weekly, monthly, and quarterly loss reports to the Risk Management Committee and other stakeholders.
• Provide detailed reports on high-frequency and high-impact risk exposures, focusing on control gaps identified through responses to the CSA questionnaire.
• Submit weekly status updates to the Head of Operational Risk Management on the progress of CSAs/KRIs.
• Track and highlight unresolved control risk mitigation plans, emphasizing potential risks due to non-implementation.

Educational Requirements:

• University Degree required.

Experience:

• At least 3 years of experience in Internal Control, Audit, or Compliance.

Key Competencies:

Knowledge:

• Strong understanding of Banking Operations.
• In-depth knowledge of the bank’s products, services, and processes.

Skills:

• Quantitative and analytical skills.
• Excellent interpersonal and communication abilities.
• Proficiency in using computer applications such as Excel and PowerPoint.

How to Apply:

Submit your resume and motivation letter to hcmrecruitcameroon@ubagroup.com with the subject line “CREDIT RISK MONITORING TEAM MEMBER” by September 29, 2024. Only shortlisted candidates will be contacted for interviews.

Note: UBA Cameroon values diversity and meritocracy. The bank ensures equal opportunity in recruitment, training, career development, and promotion without discrimination based on race, gender, ethnicity, disability, religion, or age.

If you do not receive a response within one month of this publication, please consider your application unsuccessful.