Entry Level Officer, Routine Control Job Opportunities – Stanbic Bank

Organisation: Stanbic
Duty Station: Kampala,
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).
Job Summary:  The Officer, Routine Control will;
  • Control Execution and Monitoring: Support the delivery of an
    independent assurance on the effectiveness of controls across the business
    by executing control assurance assessments, within the agreed timeframes,
    providing assurance on the adequacy and effectiveness of controls.
  • Proactively identifying and assessing operational and compliance
    risks to ensure that internal controls are maintained at acceptable levels
    across the business.
  • Control Reporting: Robust reporting mechanisms for key control
    performance indicators, exceptions, trends and operational incidents.
  • Training and awareness: Coach, support and deliver and implement the
    control framework across the business.
  • Administration: Effective utilisation of resources i.e. budgets,
    costs and assets
Key Duties and Responsibilities: 
and Control
  • Provide input into the routine controls monitoring strategy.
  • Execute planned and adhoc assurance monitoring reviews in liaison
    with the relevant key stakeholders in compliance with the approved assurance
  • Timely and quality execution of all the scheduled assessments,
    control validation reviews as per the departmental activity plan.
  • Support the development, maintenance and update monitoring
    checklists used as a mechanism for monitoring, assessing and reporting on
    adequacy and effectiveness of controls across the network.
  • Facilitate, conduct monitoring reviews on the effective
    implementation, adoption and utilisation of control validation tools e.g.
    CODAC across the network.
  • Execute validation reviews of the accuracy and effectiveness of the
    control validation tools.
  • Validate and review that controls related to new product roll outs,
    business and initiatives and process changes are effective and are in
    place pre and post implementation.
  • Validate and facilitate as appropriate the implementation of
    remedial actions from internal audits, regulatory reviews, FCC
    investigations, control reviews and other such assurance reviews is
    undertaken as agreed with the business units. This will involve validation
    of implemented interventions prior to closure of the issues.
  • Execute assurance reviews to evaluate the adequacy and effectiveness
    of internal controls, compliance with policies and adherence to procedures
    thereby contributing towards management efforts to achieve an improved and
    sustainable control environment.
  • Validate implemented risk and compliance management processes – as
    identified and assessed by Risk and Compliance to ensure adherence to
    standards, policies and procedures.
  • Identify inadequate processes and controls, escalate and report
    irregularities to facilitate the modification of processes where required.
  • Execute assurance monitoring reviews over the effective
    implementation of the operational risk framework i.e. loss control,
    incident management, BCM, IRM as per the approved risk management
    framework across the network.
  • Conduct and facilitate formal root cause analysis, identification
    and implementation of appropriate remedial actions across the network.
  • Continually innovate simpler, better and yet effective solutions to
    enhance key control capabilities within the control function and across
    the network.
  • Work actively with the broader control team to effectively manage
    the end to end implementation of control monitoring and improvement initiatives.
  • Timely provision of routine dashboards as per determined frequency
    on activities and the state of the control environment to the relevant
  • Present monitoring and control review reports to the Manager Routine
    Control Monitoring for review and issue to the relevant stakeholders.
  • Escalate breaches and incidents for control breaches that require
    management direction as per the appropriate escalation processes,
    including active participation in identifying and execution of the remedial
Training and
  • Execution of agreed training initiatives towards improvement of the
    control environment are planned and executed as required across the
  • Identify coaching & support opportunities and facilitate the
    implementation of the appropriate interventions.
  • Share and disseminate lessons and awareness messages across the
People and
  • Ensure that individual appropriate training initiatives are planned
    and executed.
  • Manage available resources and ensuring effective utilisation for
    the benefit of the bank.
  • Manage the operational costs (telephone, travel expenses), within
    the approved budget.

Qualifications, Skills and Experience:
  • The applicant for the Stanbic Bank Officer, Routine Control job must
    hold a Bachelor’s degree in business or a related field, from a recognised
  • At least two to three years of exposure to routine risk / audit
    /control management
  • Good analytical skills.
  • A good working knowledge of the various systems used in the Bank and
    the linkages.
  • A good understanding of the business; products, channels, network,
    customer segmentation, competitive environment.
  • A good understanding of the interrelationships between the bank and
    its key stakeholders; Staff, regulators and regulatory environment,
  • Computer literate with competence in use of Excel, Word and
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.
For more of the
latest jobs, please visit http://www.theugandanjobline.com or
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