Operational Risk Officer  – Jobs In Uganda

Operational Risk Officer

Position: Operational Risk Officer
Location: Kampala, Uganda
Job Type: Full-time
Deadline: 5th September 2025

Are you looking for the latest risk management jobs in Uganda? FINCA Uganda, one of the leading microfinance institutions and a trusted financial services provider, is hiring a dedicated and experienced Operational Risk Officer. This is an excellent opportunity for professionals in the banking and financial services sector who want to play a critical role in safeguarding institutional resilience, compliance, and governance.

About FINCA Uganda

FINCA Uganda is part of the global FINCA Impact Finance network, which operates across several countries, providing financial services to low-income entrepreneurs and communities. The organization is deeply committed to financial inclusion and sustainable development.

At FINCA Uganda, employees are empowered to build careers in banking, microfinance, and risk management while contributing to economic growth in Uganda. By joining FINCA, you will be working in a mission-driven environment that values integrity, accountability, and customer-centric service delivery.

Job Summary

The Operational Risk Officer will be responsible for supporting the effective implementation of the Operational Risk Management Framework across FINCA Uganda. This role involves ensuring that operational risks are properly identified, assessed, monitored, and mitigated in compliance with both internal policies and external regulatory requirements.

The successful candidate will also be expected to provide training and guidance to staff on operational risk issues, ensuring that FINCA maintains sustainable value for its stakeholders and shareholders.

This position is ideal for professionals seeking to advance in risk management careers in Uganda, particularly within the financial services sector.

Key Duties and Responsibilities

As an Operational Risk Officer at FINCA Uganda, you will:

• Coordinate Business Continuity and Business Resumption tests, including updating call tree lists and providing training to staff on business continuity planning.

• Assess operational risks and initiate corrective actions to address recurring issues that may lead to financial or reputational losses.

• Investigate logged incidents, conduct root cause analyses, and follow up on recommendations until resolution.

• Implement and review departmental Risk and Control Self-Assessment (RCSA) tools, update risk registers, and track action points from Risk Management forums.

• Monitor the bank’s adherence to corporate governance standards, policies, and regulatory requirements.

• Raise awareness about operational risks, their impact, and mitigation measures through formal training sessions, sensitization workshops, newsletters, and other communication channels.

• Perform operational risk stress testing to maintain a forward-looking risk profile that captures major institutional risks.

• Follow up on Internal Audit, External Audit, and Bank of Uganda (BOU) inspection findings to ensure timely resolution and prevent repeat issues.

• Conduct periodic risk-based branch and departmental reviews, recommending corrective measures where gaps are identified.

• Test operational risk controls to verify that governance mechanisms are adequate, consistently executed, and properly monitored.

Required Competencies

To excel in this role, applicants must demonstrate:

• Strong communication and interpersonal skills.

• Solid understanding of Risk Management principles and Basel regulatory frameworks.

• Excellent analytical and problem-solving skills.

• Good knowledge of banking operations, credit risk, and market risk.

• Ability to apply evolving best practices in operational risk management.

Qualifications and Experience

• A Bachelor’s degree in Risk Management, Finance, Commerce, Business Administration, Economics, Statistics, or any other related field.

• A Certified Risk Management qualification, CPA, ACCA, or a Master’s degree in a relevant field is an added advantage.

• Professional training in Operational Risk Management within the Financial Services sector.

• At least 3 years of banking experience, with a minimum of 1 year in banking operations.

Why Join FINCA Uganda?

• Professional Growth: Gain exposure to risk management practices in a highly regulated financial institution.

• Global Network: Be part of the FINCA Impact Finance network, with opportunities to collaborate across regions.

• Impactful Work: Contribute to strengthening Uganda’s financial sector while supporting financial inclusion.

• Career Development: Enhance your profile in banking, risk management, and financial governance.

This is more than just a banking job in Uganda—it is a chance to shape the future of operational risk management in a leading financial institution.

How to Apply

If you are interested in this position, kindly send your application, detailed CV, and copies of relevant academic and professional certificates to:

Email: [email protected]

Position: Operational Risk Officer
Location: Kampala, Uganda
Job Type: Full-time
Deadline: 5th September 2025

Are you looking for the latest risk management jobs in Uganda? FINCA Uganda, one of the leading microfinance institutions and a trusted financial services provider, is hiring a dedicated and experienced Operational Risk Officer. This is an excellent opportunity for professionals in the banking and financial services sector who want to play a critical role in safeguarding institutional resilience, compliance, and governance.

About FINCA Uganda

FINCA Uganda is part of the global FINCA Impact Finance network, which operates across several countries, providing financial services to low-income entrepreneurs and communities. The organization is deeply committed to financial inclusion and sustainable development.

At FINCA Uganda, employees are empowered to build careers in banking, microfinance, and risk management while contributing to economic growth in Uganda. By joining FINCA, you will be working in a mission-driven environment that values integrity, accountability, and customer-centric service delivery.

Job Summary

The Operational Risk Officer will be responsible for supporting the effective implementation of the Operational Risk Management Framework across FINCA Uganda. This role involves ensuring that operational risks are properly identified, assessed, monitored, and mitigated in compliance with both internal policies and external regulatory requirements.

The successful candidate will also be expected to provide training and guidance to staff on operational risk issues, ensuring that FINCA maintains sustainable value for its stakeholders and shareholders.

This position is ideal for professionals seeking to advance in risk management careers in Uganda, particularly within the financial services sector.

Key Duties and Responsibilities

As an Operational Risk Officer at FINCA Uganda, you will:

• Coordinate Business Continuity and Business Resumption tests, including updating call tree lists and providing training to staff on business continuity planning.

• Assess operational risks and initiate corrective actions to address recurring issues that may lead to financial or reputational losses.

• Investigate logged incidents, conduct root cause analyses, and follow up on recommendations until resolution.

• Implement and review departmental Risk and Control Self-Assessment (RCSA) tools, update risk registers, and track action points from Risk Management forums.

• Monitor the bank’s adherence to corporate governance standards, policies, and regulatory requirements.

• Raise awareness about operational risks, their impact, and mitigation measures through formal training sessions, sensitization workshops, newsletters, and other communication channels.

• Perform operational risk stress testing to maintain a forward-looking risk profile that captures major institutional risks.

• Follow up on Internal Audit, External Audit, and Bank of Uganda (BOU) inspection findings to ensure timely resolution and prevent repeat issues.

• Conduct periodic risk-based branch and departmental reviews, recommending corrective measures where gaps are identified.

• Test operational risk controls to verify that governance mechanisms are adequate, consistently executed, and properly monitored.

Required Competencies

To excel in this role, applicants must demonstrate:

• Strong communication and interpersonal skills.

• Solid understanding of Risk Management principles and Basel regulatory frameworks.

• Excellent analytical and problem-solving skills.

• Good knowledge of banking operations, credit risk, and market risk.

• Ability to apply evolving best practices in operational risk management.

Qualifications and Experience

• A Bachelor’s degree in Risk Management, Finance, Commerce, Business Administration, Economics, Statistics, or any other related field.

• A Certified Risk Management qualification, CPA, ACCA, or a Master’s degree in a relevant field is an added advantage.

• Professional training in Operational Risk Management within the Financial Services sector.

• At least 3 years of banking experience, with a minimum of 1 year in banking operations.

Why Join FINCA Uganda?

• Professional Growth: Gain exposure to risk management practices in a highly regulated financial institution.

• Global Network: Be part of the FINCA Impact Finance network, with opportunities to collaborate across regions.

• Impactful Work: Contribute to strengthening Uganda’s financial sector while supporting financial inclusion.

• Career Development: Enhance your profile in banking, risk management, and financial governance.

This is more than just a banking job in Uganda—it is a chance to shape the future of operational risk management in a leading financial institution.

How to Apply

If you are interested in this position, kindly send your application, detailed CV, and copies of relevant academic and professional certificates to:

Email: [email protected]