3 Inspection and Compliance Officer Job Placements – Financial Intelligence Authority (FIA)

Organisation: Financial
Intelligence Authority (FIA)
Duty Station:  Kampala,
Reports to: Senior
Inspection & Compliance
About US:
The establishment of a
Financial Intelligence Authority and a Financial Intelligence Authority Board
Under the Anti-Money Laundering Act, 2013 is for the prohibition and prevention
of money laundering, in order to combat money laundering activities.
Job Summary: The Inspection
and Compliance Officer will be responsible for ensuring compliance of
accountable persons through onsite and offsite inspections under the inspection
and compliance responsibility of the Directorate.
Key Duties and Responsibilities: 
  • Tasked with monitoring the enactment and
    amendment of laws to ensure advisory of the accountable person on their obligations
    which contributes to compliance.
  • Prior preparation for onsite and offsite inspections which
    includes liaising with the contact persons in the entities, scheduling
    appointments, drafting correspondences, etc. to ensure that the timelines
    for the inspections are met.
  • Conducting onsite and offsite inspection of accountable persons to ensure
    compliance with the AML/CFT regime.
  • Providing hands-on support to the compliance
    team during the on-site inspections of accountable persons with emphasis
    on demonstrating an understanding of issues that may arise, report
    on the assigned areas of focus and
    propose corrective actions to facilitate the compilation of issues for
    discussion at meetings with Management.
  • Conducting follow-up or verification visits to
    accountable persons in order to ensure Compliance with the
    AML/CFT regime.
  • Implementing and monitoring of any actions
    agreed upon as a way forward resulting from the onsite and offsite
    inspections of accountable persons
  • Preparing inspection reports after the onsite
    and offsite inspections which includes; risk
    profiling so as to identify areas of
    focus during verification and monitoring, data entry of all information
    received into an electronic data base, etc.
  • Review and examination of AML/CFT policies,
    risk assessment reports and annual compliance reports rec
    eived from the accountable persons.
  • Update risk profiles of accountable persons to
    ensure that all identified emerging risks are documented to facilitate the
    planning and implementation of the annual work plan of on-site inspections
    of accountable person
  • Regularly monitoring of the UN sanctions
    website and updating of the UN sanction list database on designated
    persons and entities in accordance with the AML/CFT Regime.
  • Ensuring the monitoring, regular update and
    maintenance of the different registe
    rs such as; the accountable persons register, asset forfeiture
    register, etc.
  • Propose policies and strategies for the
    prevention of money laundering and/ or terrorist financing by accountable
  • Plan, co-ordinate and implement the work of
    nation and training
    on the prevention of money laundering and terrorist financing.
  • Comply with the Authority’s Standard Operating
    Procedures and Guidelines of the Legal, Inspection and Compliance
  • Perform other ad-hoc assignments, as assigned
    by Manager-Inspection & Compliance and Senior Inspection and
    Compliance Officer from time to time.
Key Result Areas:
  • Participation in on site and off site
    inspection and compliance
  • Draft reports on areas of focus for on-site Inspections of
    assigned accountable persons.
  • Updated risk profiles of assigned accountable
    persons submitted to the immediate supervisor
  • Update and maintenance of registers of
    accountable persons.
  • Submission of reports on the different inspection and compliance
  • Briefs on ad- hoc assignments

Qualifications, Skills and Experience:
  • The applicant for the Financial Intelligence Authority (FIA) Inspection
    and Compliance Officer job opportunity must hold an
    Bachelor’s Degree in any of the following disciplines: Commerce,
    Accounting, Business Administration, Law, Finance, Statistics o
    r Economics.
  • A Master’s in any of the following disciplines:
    Commerce, Accounting, Business Administration, Law, Finance, Statistics or
    Economics is an added advantage.
  • At least three years’ experience in the financial services of
    which (1) year is in compliance in a private or public organization.
  • Knowledge and understanding of the Authority’s
    vision, mission and objectives;
  • Knowledge of international AML/CFT legislations
    d regulations including
    the International protocols, instruments, frameworks and systems and FATF
  • Knowledge of Anti Money Laundering act, 2013,
    Anti-Terrorism Act and respective regulations;
  • Knowledge of legal principles and practices;
  • Financial analysis and analytical skills;
  • Good communication skills both written and
  • Good public speaking and interpersonal skills;
  • Computer Literate;
  • Ability to work under pressure and manage time
    effectively ;
  • High level of organization and self-motivation;
  • Ability to work independently as well as part
    of a team;
  • Time management skills;
  • Person of high integrity;
  • Good judgement and decision making skills;
  • Ability to handle sensitive information and
    maintain confidentiality.
How to Apply:
All suitably qualified and interested
applicants send their applications which should 
  • A
    detailed curriculum vitae (CV) photocopied and submitted in triplicate (3
  • Copies
    of academic and professional certificates and other supporting documents (3
  • Current
    and Expected Remuneration.
  • Contact
    Information of three references with emails and phone numbers.
All applications should be
addressed and hand delivered to:
The Human Resource Manager
Financial Intelligence
Ground Floor Rwenzori Towers
(Wing B),
Plot 6 Nakasero Road.
Kampala. Uganda
Deadline: 3rd May 2018 by 5:00PM
For more of the latest jobs,
please visit http://www.theugandanjobline.com or
find us on our facebook page https://www.facebook.com/UgandanJobline

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