Continuously review the adequacy of loan loss provisions in line with BOU Prudential Guidelines and the IFRS9 impairment model and recommend appropriate provision levels.
Maintain a comprehensive provision schedule and undertake quarterly discounting of securities for NPLs.
Review account classification and IFRS9 staging and recommend the correct classification.
Work with Group Risk Analytics to recalibrate the IFRS9 impairment model annually.
Track recoveries and regularly report write-off statistics.
Monitor portfolio concentrations against approved limits (obligor, sector, product, cross-border, currency, etc.).
Monitor sector concentration limits.
Monitor PP limits and PP performance matrices.
Monitor compliance with credit-related regulatory ratios.
Review NPL portfolios and initiate write-offs, write-backs, and interest write-offs in line with the In Duplum Rule.
Ensure provisions and suspended interest are correctly booked at all times.

JOB PROFILE/ REQUIREMENTS

Experience & Qualifications

Bachelor’s Degree in Mathematics, Statistics, Economics, Finance.
Minimum 5years banking experience, two of which must have been in a credit-related role.
Extensive experience in working with MS Excel and Powerpoint.
Minimum 2 years in portfolio analytics

Competence Requirements

Sound knowledge of Bank of Uganda Prudential Guidelines, IFRS9, Financial Institutions Act;
Understanding of credit risk and general trends in the banking sector;
Technical skills to effectively perform the credit administration activities/tasks in a manner that consistently produce high quality of service.
Knowledge and effective application of all relevant banking policies, processes, procedures and guidance to consistently achieve required compliance standards or benchmarks.
Self-empowerment to enable development of open communication, teamwork and trust that are needed to support performance and customer-service oriented culture.
Initiative and decision-making techniques aimed at resolving and proposing solutions to the various challenges in Credit administration.
People managements skills and ability to work across functions.

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Business, strategic management jobs in Kasangati, Uganda