Summary
Date Posted: Tuesday, February 21, 2023 , Base Salary: Not Disclosed

JOB DETAILS:

JOB PURPOSE
Job Purpose Responsible for providing Independent Risk (2nd line of defense) oversight, review, and supporting businesses (1st line of defense) by identifying, quantifying, analyzing, and seeking to mitigate key risks associated with digital channels, products, and assets. Partner with senior leadership involved in digital initiatives, including product management, technology, operations, legal, compliance and risk.

KEY RESPONSIBILITIES /KEY DELIVERABLES
1. Conduct risk assessments for projects as well as new and existing systems/alternate channels to ensure compliance with the bank’s security policies, regulatory requirements, and adherence to best practices to identify weaknesses or security exposures and prescribe solutions to mitigate the risks related to those weaknesses and exposures.
2. Review new digital initiatives from Projects team and business, identify risks and provide a credible challenge to the business’s risk controls and mitigation.
3. Provide assurance on the overall direction for the bank’s digitization strategy to ensure initiatives are implemented within the bank’s risk appetite.
4. Review technology outsourced services alongside the Service Level Agreements and the bank’s third-party risk exposure.
5. Establish risk monitoring routines for digital channels, products and assets that are designed to help identify emerging risks.
6. Identify and evaluate business technology risks and internal controls which mitigate risks and related opportunities for internal control improvement and propose risk treatment plans.
7. Providing guidance over the general activities and concerns of the bank’s technology functions including governance, policy, control design, general operational e¬ectiveness, and internal controls.
8. Liaise and coordinate with respective risk champions to review Project Management Off-ice, Innovation and Digitization, Alternate Channels and Mobile Banking risk and control self-assessments. Support in the review, monitoring and consolidated reporting of the Key Risk Indicators for the respective units.
9. Maintain and follow up / track for closure all technology, Digitisation, innovation, and project risk related findings arising out of Risk, Internal Audit, External Audit and BOU reviews.
10. Monitoring and tracking technology, Digitisation, innovation, and project risk events and following up associated actions plans to closure. Work with control owners to ensure control accuracy and remediate any issues related to control exceptions.
11. Maintain a forward-looking risk profile of the bank that captures the major risks, ensuring that risks that might impact multiple businesses and/or support functions are captured, and actions initiated to mitigate and control risks leading to a reduction in operational losses.
12. Ensure that sta¬ are adequately trained in Digitisation, Innovation, Project risk and Technology Risk Management, policies, and procedures. The sta¬ will also be required to conduct technology risk awareness training.
13. Ensure that controls and checks associated with Digitisation, Innovation, Project risk and technology Risk Management are in place and are e¬ective.
14. Perform Quality Assurance Reviews of Digitisation, Innovation, Projects and technology related Policies, Processes, and procedure manuals and advise /propose improvements.
15. Ensure that the bank has appropriate mechanisms for compliance with the Date Protection and Privacy Act and regulations.
16. Perform monthly and quarterly reporting to MRC and BRC respectively through the Manager, Technology Risk, and the Chief Risk O¬icer.
17. Perform any other duties as assigned by management

EDUCATION AND TRAINING
1. Bachelor’s degree in Information systems technology, Computer Science, Business Administration, Engineering, or related field.
2. At least one of the following certifications: Certified in Risk and Information Systems Control (CRISC), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA) or other relevant certification.
3. Post graduate education or a Masters’ degree in a related field is an added advantage.

SKILLS AND EXPERIENCE
1. A minimum of 5 years Banking experience, at least 2 years’ experience in a management role in mobile financial services, FinTech or financial institutions (payment solutions and alternate channels).
2. Must have critical thinking, analytical, attention to detail and problem-solving skills to quickly stop threats of significance to the institution.
3. Good verbal and written communication skills
4. Experience in product development, project management, technical business analysis and/or digital lending is an added advantage.

BUSINESS BEHAVIOURS
1. The ability to communicate clearly both verbally and in written form in a professional manner is deemed essential.
2. Comprehensive knowledge of payment ecosystem, product, and channels development, roll out and performance management.
3. Ability to build functioning working relationships across organizational, corporate, and cultural boundaries.
4. Takes clear accountability and focuses on delivery of broader corporate goals.
5. Ability to take decisions and progress towards goals in conditions of uncertainty.
6. Ability to demonstrate positive image and role model PBU’s values and leadership behaviors.
7. A sense of ownership and pride in performance and its impact on the company’s success


Work Hours: 8

Experience in Months: 12

Level of Education: Bachelor Degree

Job application procedure

THE FOLLOWING DOCUMENTS SHOULD ACCOMPANY THE APPLICATION STRICTLY ONLINE:
• Detailed CV
• Certified copies of academic documents
• Applicants address and day time telephone contacts
• Postal/email address and daytime telephone contact of three referees of good standing in society one of which should be your current Supervisor.

MODE OF APPLICATION
Please send your application to hr@postbank.co.ug  addressed to the Chief HR Off¬icer and put the job you are applying for as the Subject.
Applications must reach the address above by
Tuesday 28th February 2023 at 5.00pm
PostBank Uganda is an equal opportunity employer. Only shortlisted candidates shall be contacted.


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