Job Title: Internal
Control Officer
Control Officer
Organisation: Guaranty
Trust Bank (GTBank)
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.
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.
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
issues - 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
operations. - 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
environment. - 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
to [email protected].
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
to [email protected].
NB: Only
Short listed candidates will be contacted.
Short listed candidates will be contacted.
Deadline: 14th November, 2014
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