Money Laundering Control Officer/Compliance Supervisor Career Jobs – Finance Trust Bank (FTB)

Organization: Finance Trust
Bank (FTB)
Duty Station:  Kampala, Uganda
Reports to: Head of
About Us:
Finance Trust Bank is licensed as a Tier 1 Commercial Bank after taking
over the financial services business of Uganda Finance Trust Limited (MDI).
Finance Trust Bank is a fully-fledged commercial bank serving a clientele of
over 400,000 depositors and over 28,000’ borrowers, through a network of 36
branches countrywide. The bank offers a variety of Products and services
including; Savings, Current accounts, Loans, Money transfer services and Bills
payments to its target market which comprises of micro, small and medium
entrepreneurs, salary earners and youth.
Job Summary: The Money
Laundering Control Officer/Compliance Supervisor will take responsibility for
managing and maintaining the organization’s obligations as regards the
supervision and reporting of money laundering activities. The incumbent will be
responsible for designing, evaluating, supporting, and influencing a culture of
compliance throughout the organization, as well as assisting in the management
and execution of an efficient compliance monitoring program.
Key Duties and Responsibilities:
  • Ensure compliance with regulatory
    framework put in place by local and international stakeholders
  • Identify and inform of any changes to
    legislation and other regulatory requirements relating to AML/CTF and
    other regulatory requirements
  • Improve and maintain Anti Money Laundering
    (AML) and Counter Terrorist Financing (CTF) policies and procedures
  • Develop AML guidance materials, training
    resources, and controls
  • Implement the annual AML plan and perform
    the relevant quality assurance checks to ensure adherence and conduct due
    diligence reviews.
  • Develop tools to monitor, analyze, and
    report suspicious activity
  • Address issues relating to transaction
    monitoring, filtering, and sanctions
  • Provide oversight to the operational team,
    which acts as the first line monitors and investigators of suspicious
  • Enforce the reporting obligation of the
    Bank in relation to AML and CTF.
  • Ensure that there is an ongoing staff
    training program on money laundering control for all members of staff
  • Coordinate KYC and AML information
    requirements from key stakeholders such as correspondent banks.
  • Establish and continuously improve a
    consistent operating framework for the identification, management,
    monitoring and reporting of Compliance risks and issues.
  • Responsible for ensuring that the
    operating framework meets internal and statutory requirements
  • Liaise with Risk Management and Internal
    Audit on risk related issues, as well as non-compliance with internal
    policies, legislation, rules and regulations.
  • Monitor non-compliance and escalate any
    issues where non-compliance is not addressed
  • Ensure Policy/Procedure/Regulatory
    Compliance across the Bank

Qualifications, Skills and
  • The applicants for the Finance Trust Bank Money
    Laundering Control Officer/Compliance Supervisor should hold a Bachelor’s
    degree in Accounting or Finance or any other related discipline from a
    recognized University.
  • Professional qualification e.g. ICA, ACCA,
    CPA desirable
  • At least three years’ experience working
    in the Compliance field in a reputed financial institution.
  • Working knowledge of Risk analysis systems
    in the Banking industry.
  • Good understanding of the business
    processes and banking operations.
  • Good understanding of the reporting
    regulations and compliance requirements of key stakeholders
  • Up to date with legal and regulatory
    changes in the industry.
  • Excellent analytical and problem solving
  • Good at analysis and decision making
  • Ability to transfer knowledge and provide
  • Ability to work long hours without
  • Ability to work on own initiative and as
    part of a team.
  • Excellent interpersonal skills.
How to Apply:
All qualified candidates should submit their applications which should
include; photocopies of academic testimonials, a CV with at least three
reference contacts, including the most recent employer, and telephone number
to; Head, Human Resource, Finance Trust Bank, Plot 115 & 121, Katwe, P. O.
Box 6972, Kampala, Uganda.
Deadline: 18th December
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