Job Title: Regulatory Compliance Officer
Organisation: DFCU Bank
Duty Station: Kampala,
Uganda
Uganda
Reports to: Compliance
Manager
Manager
About US:
DFCU bank is a fast growing commercial bank offering a variety of
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
Job Summary: The Regulatory
Compliance Officer will work in the capacity of a financial examiner to ensure
that the bank adheres to all applicable regulations and laws. The jobholder
will work with management and staff to ensure that the policies and procedures
are upheld and in line with the relevant laws. The incumbent will also be
responsible for researching, assessing, and monitoring new developments in
relevant legislation and regulatory sphere, and updating bank personnel in a
timely manner.
Compliance Officer will work in the capacity of a financial examiner to ensure
that the bank adheres to all applicable regulations and laws. The jobholder
will work with management and staff to ensure that the policies and procedures
are upheld and in line with the relevant laws. The incumbent will also be
responsible for researching, assessing, and monitoring new developments in
relevant legislation and regulatory sphere, and updating bank personnel in a
timely manner.
Key Duties and
Responsibilities:
Responsibilities:
- Conduct
a risk assessment and determine the level of associated risk - Ensure
staff understand laws, regulations and offer timely advice - Maintain
an updated regulatory obligations register - Ensure
compliance with the external rules that are imposed upon an organization
as a whole - Compliance
with internal systems of control that are imposed to achieve compliance with
the externally imposed rules. - Actively
contribute to policy and procedure formulation in line with the risk
owners - Periodically
aid in the sensitization of staff on policies and procedures through well
thought of awareness campaigns - Develop
trackers to monitor compliance with laws, regulations and policies - Ensure
regulatory gaps raised in all audit reports are sufficiently addressed and
mitigates put in place to ensure no repeat findings
Qualifications, Skills and
Experience:
Experience:
- The applicant for the DFCU Bank Regulatory
Compliance Officer job opportunity must hold a University degree, certification in compliance is an added
advantage. - At
least three years’ experience in financial services. - Previous
exposure and experience working in a fast-paced and dynamic environment. - Ability
to read and understand technical and legal language. - Strong
mathematical and statistical analysis background. - Ability
to multi-task. - Self-motivated
with strong leadership abilities. - Strong
critical thinking and problem-solving skills. - Excellent
oral and written communication. - Exceptional
presentation skills. - Excellent
organizational skills. - Detail-oriented
with strong research skills. - Computer
literacy i.e. proficiency in Microsoft Office (Word, Excel, PowerPoint,
Project). - Confidentiality
and sound business judgment. - Exercised
discretion when performing duties assigned. - Position
requires sitting for long periods. - Ability
to use AML analytic tools.
How to Apply:
All candidates who so wish to join the banking sector in the
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: [email protected]
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: [email protected]
Deadline: 14th July 2017
For more of the latest jobs, please visit https://www.theugandanjobline.com or
find us on our facebook page https://www.facebook.com/UgandanJobline
find us on our facebook page https://www.facebook.com/UgandanJobline