Careers in Banking – Internal Control Officer at Guaranty Trust Bank (GTBank)

Organisation: Guaranty
Trust Bank (GTBank)
Duty Station:  Kampala, Uganda
About GTBank:
Guaranty Trust Bank Uganda is
one of the leading banks in Africa. They acquired a 70% stake in the Fina Bank
group in to enable them enter the East African market.
Job Summary: The GTBank Internal
Control Officer will be responsible for increasing the operational efficiency
of organizations, detecting and eliminating fraud and ensuring compliance with
relevant regulations.
Key Duties and Responsibilities:  
  • Plan,
    organize and carry out the internal controls function including the
    preparation of an internal control manual, audit plan, scheduling and
    assigning work and estimating resource needs.
  • Carry
    out routine risk assessment of departments/functional areas in accordance
    with timelines.
  • Perform
    regular audit testing of potential risk areas and identify reportable
  • Carry
    out any special reviews or tasks requested by Management.
  • On
    daily basis review transactions above a certain threshold to assess the
    genuineness of transactions and any suspected transactions will then be
    frozen and reported to Compliance Manager.
  • Develop
    and implement appropriate operating procedures to ensure compliance with GTBank
    policies and local laws.
  • Ensure
    compliance with existing financial policies and procedures, identifying
    & proposing modifications as needed.
  • Intuitively
    monitor and provide advice to management to minimize risk resulting from
    poor internal controls.
  • Identify
    areas of financial, operational and administrative strengths and weaknesses
    and develop best practices.
  • Carry
    out quarterly audit around the system and into the system and report the
    findings to the management
  • Offer
    management with periodic reports on compliance with bank Standards of
  • On
    adhoc basis or as directed by Management, conduct investigations on fraud
    losses, proposed refunds to the customers on over charges, etc.
  • In
    charge of bank reconciliation of Nostro, BOU, accounts etc for surety of
    independent check of the figures reconciled.
  • Conduct
    surprise checks on branches, head office departments on quarterly basis
    and report non-compliances to Management.
  • Provide
    training to staffs on Internal Controls.
Qualifications, Skills and Experience:  
  • The
    candidate for the aforementioned Banking job must hold at least a bachelor’s
    degree in fields such as Finance, Business Administration, Commerce and
    Accounting. Additional qualification like Certified Internal Control
    Professional and or CISA will be an added advantage.
  • At
    least five years’ experience in Internal Control, auditing, Risk,
    compliance function, or Bank Operations.
  • Excellent
    communication skills i.e. both oral and written.
  • High
    degree of flexibility and independence to work in a changing and unstructured
  • Ability
    to work interdependently within a team.
  • Possess
    the ability to address issues and effect change effectively
How to Apply:  
All candidates who desire to
join the banking sector with Guaranty Trust Bank are encouraged to apply by
sending their application letters together with updated CVs indicating three key
referees, copies of appointment letters, academic transcripts and testimonials
NB: Only
Short listed candidates will be contacted.
Deadline: 14th November, 2014

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