Vacancy title:
Risk Officer

[Type: FULL_TIME, Industry: Banking, Category: Management, Accounting & Finance, Business Operations, Sales & Retail, Banking, Finance, Insurance & Real Estate]

Jobs at:
United Bank for Africa (UBA)

Deadline of this Job:
Wednesday, June 3 2026

Duty Station:
Head Office | Dar es Salaam

Summary
Date Posted: Saturday, May 23 2026, Base Salary: Not Disclosed

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JOB DETAILS:

Job Purpose

To identify, assess, monitor, and mitigate financial and operational risks (credit, market, liquidity, operational, compliance) in alignment with the bank’s risk appetite framework and regulatory requirements. The Risk Officer supports business units in embedding risk-aware decision-making.

Key Responsibilities

Risk Identification & Assessment

• Conduct regular risk assessments across portfolios (loans, investments, treasury).
• Analyze credit applications, financial statements, and collateral to recommend risk ratings.
• Monitor market trends, counterparty exposures, and concentration risks.

Monitoring & Reporting

• Track key risk indicators (KRIs) and produce daily/weekly risk dashboards.
• Perform stress testing and scenario analysis for credit and liquidity risks.
• Investigate limit breaches and escalate material risks to management.

Policy & Compliance

• Ensure adherence to Basel III/IV, local central bank regulations, and anti-fraud policies.
• Update risk management policies, procedures, and risk registers.
• Support internal/external audits and regulatory inspections.

Operational Risk

• Identify process weaknesses and recommend controls to prevent losses.
• Facilitate root cause analysis for operational incidents.

Qualifications & Experience

• Education: Bachelor’s degree in Finance, Economics, Risk Management, or related field. Master’s or FRM/PRM certification preferred.
• Experience: 3–5 years in risk management, credit analysis, or internal control within banking.
• Technical Skills: Proficiency in Excel, risk systems (e.g., SAS, Moody’s Risk Analyst), and knowledge of IFRS 9 expected credit loss models.

Key Competencies

• Analytical thinking & attention to detail
• Knowledge of regulatory reporting
• Strong communication to challenge business decisions
• Integrity and ethical judgment

Work Hours: 8

Experience in Months: 36

Level of Education: bachelor degree

Job application procedure
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