Careers in Banking – Principal Compliance Officer at Centenary

Organization: Centenary Bank
Duty Station: Kampala,
Uganda
Reports to: Manager
Compliance
About Us:
Centenary Bank is the leading Commercial Micro Finance Bank in Uganda
serving over 1,300,000 clients (a quarter of the banking population) in 58
branches spread countrywide. We are one of Uganda’s top three financial
organisations, employing more than 1,500 people. Joining Centenary Bank is an
opportunity to use your skills and experience in tackling real world problems.
Job Summary: The Principal
Compliance Officer will be responsible for performing periodic compliance
tests on various departments in the Bank, report findings, offer direction and
training to staff, align policies and procedures to changes in the regulatory
landscape to improve level of compliance with laws and regulations and thereby
avert exposure of the Bank to penalties and reputational risk arising there
from.
Key Duties and
Responsibilities: 
 
  • Conduct periodic tests to assess the
    extent of compliance with regulatory requirements such as Acts of
    Parliament and regulations/guidelines from regulators.
  • Offer advice and guidance to line
    management on remedial actions regarding the findings of the regulatory
    compliance audit.
  • Provide accurate and timely regulatory
    reports for Management’s review prior to submission to the regulators as
    required.
  • Support line divisions/departments to
    comply with their regulatory reporting requirements in terms of timeliness
    and completeness.
  • Actively participate actively, in the
    development, implementation and maintenance of regulatory compliance risk
    management and monitoring plans.
  • Carry out research and provide advice on
    issues of compliance that are relevant to the bank’s business and
    activities including but not limited to compliance with existing and
    upcoming legislation; advise on the implications of new legislations on
    the operations of the bank; and best positioning of the bank for proactive
    compliance.
  • Actively participate in training and
    developing of training materials on all matters relating to regulatory
    compliance such as sensitization of staff on newly introduced policies,
    procedures and regulators’ guidelines.
  • Participate fully in the assessment
    process for new products being introduced and provide advice that allows
    for minimization of regulatory penalties. 
Qualifications, Skills and
Experience: 
  • The ideal candidate should hold an Honors
    Bachelor degree of Commerce, Business Administration, Law or any other
    relevant area. Possession of a professional qualification such as ACCA,
    IIA, ICSA or post graduate diploma in legal practice will be an added
    advantage.
  • A minimum of four or more years’ experience
    in the area of compliance, auditing, finance or accounting in a regulated
    banking institution.
  • Good drafting, writing, communication and
    reporting skills.
  • Highly analytical and ability to provide
    prompt and sound advice.
  • Possess the ability to execute various
    tasks at the same time and meet deadlines.
  • A good team player, able to embrace the
    Bank’s mission and values. 
How to Apply:
All candidates who desire to join Centenary Bank should send their
applications by following the instructions below; downloading an application
form for employment, download
here
, filling it and enclosing an application letter, Curriculum Vitae
(CV), and copies of academic testimonials/certificates and send the application
to:
General Manager, Human Resources Centenary Bank, P.O. Box 1892 —
Kampala, Uganda.
Note: While we thank all
applicants for your interest. Only shortlisted applicants will be contacted.
Only shortlisted applicants will be contacted.
Deadline: 4th July 2014 by 5:00
pm

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