Job Title:  Risk Advisor

Umeme is a public company cross listed on both the Uganda Securities Exchange and the Nairobi Securities Exchange with over 6,483 shareholders, including high value international institutional investors. Umeme operates under a concession with a structural monopoly in the distribution of electricity across Uganda, distributing 99% of electricity in Uganda through a single buyer model.

Job Summary: The Risk Advisor will be responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the company’s risk exposure.

Key Duties and Responsibilities:

• Plan, design and implement an overall risk management process for the Company Document a risk manual to guide enterprise risk management within the Company
• Actively facilitate risk assessment, which involves identifying, describing and estimating and analyzing the risks affecting the Company
• Risk evaluation, which involves comparing estimated risks with criteria established by the Company such as costs, legal requirements and environmental factors, and evaluating the Company’s previous handling of risks;
• Establish and quantify the company’s ‘risk appetite’, i.e. the level of risk they are prepared to accept
• Establish and monitor key risk indicators, as well as follow up on the implementation of corrective action plans to mitigate risks
• Steer any changes required in Company policies, procedures and control assessments in response to identified risks
• Evaluate the effectiveness of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives
• Offer training and technical support to management and employees regarding risk management strategies and initiatives to build risk awareness within the Company Educational background &

Qualifications, Skills and Experience needed for the job:

• The applicant should possess a bachelor’s degree in Risk Management, Finance, Economics, Business Management, Statistics, Computer Science and/or other related fields.
• Professional certifications for Risk Management Professionals include the Certified Fraud Examiner (CFE), Certified Risk Analyst (CRA), Certification in Risk Management Assurance (CRMA), Financial Risk Manager (FRM), Professional Risk Manager (PRM) and/or Certified in Risk and Information Systems Control (CRISC).
• A minimum of five years’ experience in a busy commercial environment, three of which are in a supervisory’ role.

How to Apply for the job:

If you believe you are the right candidate, please submit your application and updated CV clearly detailing your suitability for the position in terms of required qualifications and experience to recruit.hr@umeme.co.ug. Kindly state the position you are applying for in the subject line of your mail.

Deadline: 12th October, 2014 by 17:00 Hours

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