Description
Position: ESG & Sustainability Risk Officer
Reports to: Chief Risk Officer
Department: Risk
Job Summary: To proactively identify, assess, monitor, and mitigate risks arising from environmental, social, and governance factors, while also helping the Bank seize opportunities related to sustainability.
Key Responsibilities:
Framework Development & Implementation:
- Design, implement, and continuously enhance the Bank’s ESG and Sustainability Risk Management Framework, policies, and procedures, ensuring alignment with best practices, regulatory requirements and internal strategic objectives.
- Develop methodologies and tools for identifying, assessing, and quantifying ESG risks in lending, investment, and operational activities.
- Establish clear ESG risk appetite statements, limits, and monitoring
ESG Risk Assessment & Due Diligence:
- Conduct in-depth ESG risk assessments and due diligence for new and existing clients, projects, and transactions across various sectors.
- Evaluate clients’ ESG performance, policies, and practices, identifying potential risks such as climate transition risk, physical climate risk, biodiversity loss, human rights violations, labor standards, corruption, and governance weaknesses.
- Provide expert opinions and recommendations on ESG risk mitigation strategies to business units and credit committees.
Portfolio Monitoring & Reporting:
- Monitor the ESG risk profile of the Bank’s portfolios (e.g. loan book, investment portfolio), identifying concentration and emerging risks.
- Develop and produce regular, comprehensive ESG risk reports for senior management, risk committees (e.g. Enterprise Risk Committee, ALCO), and the Board, highlighting key trends, exposures, and compliance status.
- Contribute to the Bank’s external ESG disclosures and sustainability reports, ensuring accuracy and transparency regarding ESG risk management practices.
Regulatory Compliance & Stakeholder Engagement:
- Stay abreast of evolving national and international ESG regulations, standards, and industry guidelines relevant to financial institutions.
- Ensure the Bank’s ESG risk management practices comply with all applicable regulatory requirements and internal policies.
- Prepare for and support regulatory examinations and external audits related to ESG
- Engage with internal stakeholders (e.g. Credit, Treasury, Compliance, Legal, Product Development) to embed ESG considerations across the Bank.
- Potentially engage with external stakeholders, including regulators, NGOs, rating agencies, and industry forums, on ESG risk matters.
Training & Awareness:
- Develop and deliver training programs for relevant Bank staff (e.g. relationship managers, credit analysts) on ESG risk identification, assessment, and integration into their daily responsibilities.
- Promote a strong ESG risk culture throughout the bank.
Stress Testing & Scenario Analysis:
- Contribute to the development and execution of Strategic risk, climate-related stress tests and scenario analysis to assess the Bank’s resilience to various strategic risk shocks, climate transition and physical risks.
- Analyze the potential financial impact of different climate scenarios on credit portfolios and other asset
Strategic Support & Advisory:
- Provide expert advice and guidance to business units on managing specific ESG risks and identifying related business opportunities (e.g. green financing).
- Collaborate with the Bank’s Business and Operational teams to ensure coherence between risk management and overall sustainability strategy.
- Participate in due diligence for new products or services to ensure ESG risks are adequately considered from inception.
Enterprise-wide Risk Management (ERM) Support:
- Support on other ERM related activities and tasks as maybe required from time to time
Education.
- Bachelors in environmental science, Sustainability, Finance, Economics, Business administration, commerce, Law, ora related ESG certifications are a significant advantage.
Experience.
- 3+ years of experience in risk management, sustainability, or corporate social responsibility within the financial services industry, or a related sector with strong exposure to ESG
- Demonstrated experience in developing and implementing risk management frameworks, particularly with an ESG focus.
- Understanding of ESG concepts, frameworks and relevant regulatory
- Experience in credit analysis with an ESG lens is highly
Skills and competencies.
- Strong analytical and quantitative skills, with the ability to interpret complex data and build risk
- Proficiency in data analysis tools and Excel.
- Proactive, self-starter with a strong sense of ownership and
- High ethical standards and a genuine passion for
- Strong problem-solving abilities and attention to
- Ability to navigate ambiguity and adapt to a rapidly evolving regulatory and market
Interested candidates should send their application letters together with their curriculum vitae to the Head of Human Resources at recruitment@cbu.co.ug not later than 5 pm, Tuesday 29th September, 2026.
To apply for this job email your details to recruitment@cbu.co.ug.
