Job Title: Risk Officer, Uganda Roads Fund

Job Title: Risk Officer, Uganda Roads Fund

Job Title: Risk Officer, Uganda Roads Fund

The Fund seeks to fill vacant positions at its Secretariat in Kampala, and accordingly invites applications from suitably qualified Ugandans to fill the following posts:
Job Title: Risk Officer
Salary Scale: RF3
Department: Policy and Strategy
Reports to: Manager Policy and Strategy

Job Title: Risk Officer, Uganda Roads Fund
Role Definition:
Responsible for the identification and management of risks to minimize negative impact to strategy delivery; undertake the risk function on behalf of the Fund and ensure enterprise wide risk management as a key to enable achieving the business objectives of the Fund.
Key Responsibilities:
1) Manage the process of identifying and assessing the risks affecting the Fund in order to develop risk mitigation, adequately plan risk responses and monitoring strategies for the company’s critical risks and develop and continuously review the risk management capabilities.
2) Establish Enterprise Risk Management (ERM) objectives for the Fund in order to ensure integration with the corporate strategy and facilitate the use of appropriate ERM methodologies, tools and techniques to ensure effective risk management.
3) Ensure appropriate risk reporting to the Board and senior management and prepare the Risk management system and framework for the Fund.
4) Conduct risk management education and training from time to time in order to increase risk awareness across the Fund. Develop, provide and /or arrange regular training on a broad range of compliance and regulatory issues.
5) Develop and ensure compliance with including regular review of the Risk Policy in order to have relevant and up-to-date Risk Policies and ensure an effective risk management framework.
6) Develop and communicate on risk management policies in order to increase awareness and appreciation of risk and build a risk culture company wide. Develop and communicate the Fund’s risk appetite and ensure risk exposure is within acceptable limits.
7) Prepare and develop the URF risk strategy and regularly identify, analyse and classify risks and formulate the desired responses. Execute the risk response strategies through collaborative working with relevant stakeholders.
8) Carry out regular long-term risk management system monitoring and control for the Fund’s activities and her Designated Agencies and prepare attendant reports. Prepare the scope of risks identified for designated agencies and propose mitigation / responses.
9) Carry out planned and ad-hoc risk reviews on designated agencies and projects and make recommendations for corrective actions.
10) Ensure that effective risk management strategies and processes are embedded within the Fund’s day to day activities and ensure that URF complies with both outside regulatory requirements and its own internal policies.
Qualifications:
a) Honor’s Bachelor’s degree in either Engineering, Social Sciences, Commerce, Business Administration or Finance from a recognized Institution plus specialized training in risk management is a must.
b) Or Professional qualifications such as ACCA, CPA or a post graduate MBA qualification with a bias toward strategic planning, risk management or project management;
c) Should have up to date professional membership of a recognized Institution and certification to practice as a professional.
d) Minimum of 3 years previous experience which should be in a in a reputable infrastructure organization.
e) Good understanding of the transport sub-sector in Uganda will be an added advantage.
Skills and Abilities:
i. Excellent communication skills, written and verbal;
ii. Excellent research (analytical, qualitative and quantitative) and drafting skills;
iii. Computer literacy;
iv. Ability to work under tight deadlines without compromising quality;
v. Demonstrable team leadership and good organization skills.
vi. Not above 40 years of age
Salary: Gross – UGX 6,900,000 (Six Million Nine Hundred Thousand Shillings Only)

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