Jobs in Uganda: Credit Risk Specialist – Assessment & Validation at DFCU Bank

Vacancy Title: Credit Risk Specialist – Assessment & Validation Job Type: Full-Time | Contract Category: Credit Risk / Banking / Finance Jobs in Uganda Hiring Organization: DFCU Bank Location: Kampala, Uganda Application Deadline: Friday, 4th July 2025 Reports To: Head of Credit Risk Management

Job Summary:

DFCU Bank is seeking an experienced and analytical Credit Risk Specialist – Assessment & Validation to enhance its credit risk framework. The successful candidate will be responsible for analyzing macroeconomic and sectoral dynamics, conducting stress testing and scenario analysis, validating risk models, and ensuring compliance with regulatory standards. This is a dynamic role for individuals with a strong quantitative background and a passion for financial risk management.

Key Responsibilities:

• Compile and analyze Key Credit Risk and Performance Indicators (KCRIs) to monitor portfolio health and provide regular trend analyses.
• Assess macroeconomic conditions and industry-specific risks to identify emerging credit threats and recommend preemptive actions.
• Design and conduct stress testing and scenario analyses to evaluate model resilience under various adverse conditions.
• Validate internal risk models such as corporate rating and retail scoring models, including their underlying assumptions, formulas, and data inputs.
• Evaluate portfolio quality using analytical tools, with a focus on improving collections, recoveries, and minimizing non-performing loans (NPLs).
• Benchmark internal risk appetite and exposure limits against regulatory requirements and industry standards.
• Ensure compliance with regulatory capital adequacy guidelines (e.g., Basel III) and statutory loan provisioning frameworks like IFRS 9.
• Develop effective reporting templates and visual tools to improve credit risk reporting processes.
• Conduct ongoing portfolio surveillance and credit spread analysis to detect deviations and recommend course corrections.
• Interpret performance data qualitatively and quantitatively, drawing insights to improve profitability and manage losses.

Minimum Qualifications and Experience:

• Bachelor’s degree in Mathematics, Statistics, Finance, Economics, or another quantitative discipline.
• At least 4 years of professional experience in credit risk, financial modeling, or portfolio risk management within a financial institution.
• Familiarity with regulatory standards such as Basel III, IFRS 9, and local banking regulations.

Preferred Certifications (Added Advantage):

• CFA (Chartered Financial Analyst)
• FRM (Financial Risk Manager)
• Other quantitative risk certifications

Technical Skills and Competencies:

• Strong understanding of credit risk modeling and estimation techniques (e.g., PD, LGD, EAD).
• Knowledge of macroeconomic and sectoral risk factors relevant to Ugandan and regional financial markets.
• Proficient in data analysis tools and languages such as Excel, SQL, R, or Python.
• Experience with statistical techniques including regression, time series, and multivariate analysis.
• Ability to interpret and visualize data through dashboards, reports, and presentations.
• Familiarity with industry-specific databases and data sources used for credit risk benchmarking.

Personal Attributes:

• High attention to detail and accuracy in data analysis and reporting.
• Excellent communication skills with the ability to convey technical concepts to non-technical stakeholders.
• Critical thinking and problem-solving abilities in identifying potential risk scenarios.
• Strong time management and organizational skills with the ability to meet strict deadlines.
• Adaptability to evolving regulations and industry trends in risk management.

Why Join DFCU Bank?

DFCU Bank is a trusted and forward-looking financial institution in Uganda, committed to responsible banking, digital transformation, and sound credit governance. Joining the credit risk team means becoming part of a data-driven culture where your expertise directly contributes to sustainable growth and portfolio resilience.

How to Apply:

If you believe you have the required experience and skills to take on this role, please apply using the link below: Note: Only shortlisted candidates will be contacted.

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About DFCU Bank:

DFCU Bank is one of Uganda’s leading financial institutions, committed to delivering impactful banking solutions through innovation, integrity, and customer-centricity. With a rich heritage and solid track record in lending and credit management, the bank remains a strategic enabler of economic transformation across key sectors.

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Tags: Credit Risk Jobs Uganda, DFCU Careers, Risk Management Jobs 2025, Bank Jobs in Kampala, Finance Jobs Uganda, Credit Analyst Positions Uganda