CREDIT RISK MONITORING TEAM MEMBER

Job title : Credit Risk Monitoring Team Member

Department : Risk Management

Reporting Line: Head Credit Risk Management

Location:   Head Office

Job Objectives :

Coordinating and maintaining accurate and robust loss databases in the Bank in compliance with the Requirements of Basel II Accord and meet Regulatory standards for Operational Risk Capital Calculation by Financial Institutions
Develop and Maintain Business Environment Internal Control Factors Library (BEICFs)for Operational Risk Measurement and Management
Loss Reporting training interventions
Monitor the risk profile of UBA Cameroon its business units – via changes in Key Risk Indicators (KRIs) – and report to relevant stakeholders when risks go beyond the Group’s risk appetite/ tolerance levels
Establish and maintain a risk mitigating/corrective action plan database for UBA Cameroon

Tracking and Reporting of Unresolved Risk Mitigating  Action Plan

Role & Responsibilities

Proper classification of losses and loss events as per Basel II Accord specifications
Proper classification of losses and loss events as per Basel II Accord specifications
Analysis and maintenance of BEICFs database from such sources as Audit exceptions, System Downtime report, Disciplinary Committee
Identification of relevant External loss events for inclusion in the loss database
Monitoring and Reporting on emerging risks and high risk exposures from the losses and loss events, Investigation /Audit/Legal/Customer Service/Disciplinary Committee reports
Identify emerging/key risks from loss database based on frequency, impact and control environment and proffering controls/mitigants to be put in place to forestall recurrence of Operational Losses in the Bank
Reconciliation/validation of the Loss Data
Follow up with stakeholders on implementation of risk mitigating action plans
Timely escalation of Unresolved Risk Mitigating Action Plans to responsible persons
Monitor and report on the implementation of risk mitigation action plan for UBA Cameroon

Conduct trend analysis on changing risk profiles to fairly accurately determine the behavior of Key Risks
 

Key Performance Indicator

Weekly, monthly and quarterly loss reports to Risk Management Committee of the Board and other Stakeholders
Weekly/Monthly report on risk exposures with high frequency and high impact and control gaps arising from responses to CSA questionnaire administered
Weekly report to Head, Operational Risk Management on the status of administering CSAs/KRIs in line with work plan
Weekly/Monthly/Quarterly Tracking and Reporting of Unresolved Control Risk Mitigating  Action plans  highlighting the potential risk exposures to the Bank for non-implementation
 

EDUCATION REQUIREMENTS

Education : University Degree

EXPERIENCE

Experience – Minimum of 3years in Internal Control or Audit & Compliance

 Key Competencies:

Knowledge

Knowledge of Banking Operations
Deep knowledge of the Bank’s Products, Services and Processes
 
Skills/Competencies/Aptitudes

Quantitative skills
Conceptual skills
Proficiency in the use of the computer and basic applications like excel, power point, etc
Analytical and skills
Good Interpersonal and Communication Skills

APPLICATION SUBMISSION :

Candidates should send their resume and motivation letter to hcmrecruitcameroon@ubagroup.com, with the heading “CREDIT RISK MONITORING TEAM MEMBER” later September 29, 2024

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

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