Job Title: Team
Leader, AML Compliance & Monitoring
Leader, AML Compliance & Monitoring
Organisation: Stanbic Bank
Duty Station: Kampala, Uganda
About US:
Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings
Limited which is in turn owned by Standard Bank Group Limited (“the Group”),
Africa’s leading banking and financial services group. The Standard Bank Group
is the leading banking group focused on emerging markets. It is the largest
African banking group ranked by assets and earnings. Stanbic Bank Uganda
Limited is the largest bank in Uganda by assets and market capitalization. It
offers a full range of banking services through two business units; Personal
and Business Banking (PBB), and Corporate and Investment Banking (CIB).
Limited which is in turn owned by Standard Bank Group Limited (“the Group”),
Africa’s leading banking and financial services group. The Standard Bank Group
is the leading banking group focused on emerging markets. It is the largest
African banking group ranked by assets and earnings. Stanbic Bank Uganda
Limited is the largest bank in Uganda by assets and market capitalization. It
offers a full range of banking services through two business units; Personal
and Business Banking (PBB), and Corporate and Investment Banking (CIB).
Job Summary: The Team
Leader, AML Compliance & Monitoring directly supports the Money Laundering
Control Officer (MLCO) in execution of the bank’s AML framework. The Team
Leader supervises a team of AML analysts who are responsible for transaction
monitoring and investigation of suspicious transactions. The Team Leader also
supports the initiatives to embed the compliance culture in the bank and is
responsible for providing compliance monitoring and advisory services.
Leader, AML Compliance & Monitoring directly supports the Money Laundering
Control Officer (MLCO) in execution of the bank’s AML framework. The Team
Leader supervises a team of AML analysts who are responsible for transaction
monitoring and investigation of suspicious transactions. The Team Leader also
supports the initiatives to embed the compliance culture in the bank and is
responsible for providing compliance monitoring and advisory services.
Key Duties and Responsibilities:
Transaction Monitoring
- Perform quality assurance of transaction
alerts completed by the AML analysts. - Tasked with the preparation of suspicious
transaction reports with subsequent escalation to the MLCO for reporting
to the Financial Intelligence Authority (FIA). - Tasked with the maintenance of a daily
dashboard of daily alert closure statistics - Review and resolution of Politically
Exposed Persons (PEP), AML and sanctions detection alerts generated by the
monitoring system. - Preparation of lists of Politically
Exposed Persons (PEP) matches and subsequent submission to the MLCO for
obtaining approval from the Politically Exposed Persons (PEP) committee.
Compliance Monitoring
- Support the review of the respective
business unit Regulatory Universes and Compliance Risk Management plans. - Monitor in accordance with the approved
monitoring plan, adherence to the Compliance Governance, legal and
regulatory standards to identify further areas of improvement and detect
significant compliance breaches and exposures. - Assist and advise the Business Units (BUs)
on the resolution of compliance audit/ monitoring issues.
Advisory
- Analyse and identify compliance risks,
processes & controls and provide advice to management. - Attend and participate in appropriate
committees, meetings, business processes and initiatives to ensure that
any compliance requirements are appropriately considered. - Provide advice on compliance issues
specific to the Bank and Business areas (new businesses, products, and
other initiatives such as projects). - Advise on compliance related legislation
affecting the respective Bank and Business Areas;
Compliance Training
- Provide support in the development,
drafting and updating of training programs/ manuals and the delivery of
training tailored to the BU(s) needs. - Monitor and report on training uptake of
mandatory Compliance Training by Business Units supported.
People Management
- Support and maintain strong team dynamics
and culture. - Creating an environment for learning and
development and successful growth of direct reports. - Recognition and reward
- Effective performance management of direct
reports
Qualifications, Skills and Experience:
- The ideal candidate for the Stanbic Bank Team
Leader, AML Compliance &
Monitoring job placement should preferably hold a Bachelor’s degree
in, Business, Banking, or other related field. Professional Certifications
in AML will be an added advantage. - Three to four years of experiences in
compliance or related areas such as Audit and Risk. - Any experience in leading teams will be an
added advantage. - Knowledge in Banking
- Knowledge of laws, statutes and
regulations of the Banking industry in Uganda
How to Apply:
All candidates who wish to join the one of Africa’s biggest Banking
Groups, Standard Bank in the aforementioned capacity are encouraged to Apply
Online by visiting Link below.
Groups, Standard Bank in the aforementioned capacity are encouraged to Apply
Online by visiting Link below.
Deadline: 18th March 2018
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