The Ugandan Jobline

• The officer is the control Framework (CODAC)
  champion responsible for establishing robust, efficient and correctly
  calibrated controls to detect, correct and mitigate gaps or failures in
  processes performed within the agreed Operations units
• The jobholder will work closely with the
  Operations staff within the designated Control areas of responsibility and
  accountability to ensure that the staffs are aware of any regulatory
  changes and changes required to update procedures, policy and process- in
  other words, creating awareness and understanding of the processes
  governing the designated control area.
• Responsibility to calibrate, monitor
  compliance, report, challenge and validate KRIs, RCSAs and KCIs for the
  designated area of control.
• Report and escalate to Manager Ops Governance
  any suspected breaches that carry operational, financial, regulatory and
  reputational risks.
• Carry out and provide clear Root Cause Analysis
  (RCA)  statements for ALL incidents
  reported within the given control area clearly identifying the gaps and
  verifying and having oversight of measures which will be employed to
  mitigate and prevent reoccurrence of the same.
• Follow up on consequence management in detail
  for all incidents reported within the stipulated control area and monitor
  remedial actions taken.
• Keenly track and collate (internal &
  external) audit findings for the given control area, ensure closure on
  time and NO repeat audit findings within the respective areas- communicate
  any delays related to audit findings where need be – support and take
  ownership of actions agreed to close identified.
• Ensure that levels and limits of system
  access are well calibrated and controlled.
• Providing all relevant information updates
  which aim at strengthening CODAC to the officer in charge of CODAC- play a
  back-up role to ensure that CODAC adoption is tracked and monitored.
• Permeate a “control” mind-set across every
  corner of the designated control area so as to ensure that Control and
  risk themes are adequately understood.
• Actively monitor and identify loss trends and
  ensure sustainable solutions are implemented
• Carry out and profile a Risk and Control
  self-assessment for all areas of Control, constantly monitor mitigating
  checks and provide guidance.
• Actively participate in respective meetings
  to ensure that control aspects are fully addressed.
• Support the maintenance of the Business
  Continuity Plans for the units assigned and ensures these Plans are regularly
  updated.
• Up-Skills oneself regarding new products and
  procedures through attendance of workshops/presentations and reading of
  internal and external communications.

• The ideal candidate for the Stanbic Bank
  Officer Control job placement should hold a University Degree from a
  recognised University
• At least two to five years’ experience in the
  operations control or risk control environment
• Broad knowledge, awareness and appreciation
  of industry standards in respect of operational control and experience of
  having practically aligned control processes to these standards.
• Significant experience and exposure to
  regulators, internal and external audit functions and a good understanding
  of the regulation that directs operational processes. 
• Extensive knowledge of operations control
  processes and techniques
• Detailed knowledge of the bank’s products and
  processes
• Utilise, develop and implement systems and
  processes to capture, manage and distribute up-to-date, accurate and
  readily accessible knowledge and information to a wide range of
  stakeholders.
• Broad knowledge and understanding the broader
  business environment in which you work throughout the different levels of
  Operations and the entire organization, as a whole.
• Comprehensive understanding of banking
  transaction processes relevant to the designated area of control
• Knowledge of cost management principles and
  practices
• Knowledge of the applicable legislation

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