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Job Title:      Head
of Financial Crime Management

Organization: DFCU
Bank

Duty Station: Kampala,
Uganda

Reports to: Chief
Risk Officer

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.

Job Summary:    The Head of Financial Crime Management will
plan, direct and coordinate Financial crime and fraud activities in the Bank
focusing on customer experience, identification of potential fraud, fraud
trends, and resolution thereof and build a strong compliance and speak up
culture across all departments. To detect, minimize and prevent losses
resulting from high risk and fraudulent monetary and non-monetary transactions.
Failure to maintain proper ethical practices and adequate controls can result
in regulatory enforcement actions including heavy fines or in worst case loss
of Bank operating licenses.

Key Duties and Responsibilities: 

• Effectively lead the management of
  Financial Crime risk and Internal investigations, design and integrate a
  strong risk management programme into the daily management of business and
  planning to give the Bank a competitive advantage, protect our reputation,
  lower the cost of capital, reduce costs and help us to minimise the risk
  of investigation, prosecution and penalties because we do the right things
  the right way.
• Establish, implement and maintain
  effective fraud and financial risk management and control systems,
  including policies and procedures, recommending internal controls,
  designed to ensure that all risk needs are met and minimise operational
  losses that impact negatively on the Bank’s capital.
• Design and maintain fraud, Bribery and
  Corruption training plans for the entire Bank staff and management and
  deliver training to the senior management and business heads on financial
  crime, fraud, policies and procedures, current industry practices, to
  raise staff awareness of financial crime issues, particularly “Whistle
  Blower” and the obligation to report suspected fraudulent transactions and
  unethical conduct.
• Ensure that all activity and
  transactions that are identified as potentially fraudulent and identified
  Bribery and corruption incidents are investigated as assigned from time to
  time to achieve specified objectives in line with the Bank’s standards for
  investigations including case management, data capture and reporting.
• Design financial crime surveillance and
  intelligence capabilities to monitor bank transactions for unusual
  activity and to escalate issues that require review or investigation.
• Conduct a root cause analysis on control
  and other failures and prepare and cascade lessons learnt from
  investigations as applicable and propose control improvements,
  enhancements, simplifications where necessary.
• Lead the team manage, coach and mentor
  and set departmental individual goals and targets for financial crimes team
  investigations department to achieve outcomes set out in the Bank’s
  conduct principles.
• Lead on Financial Crime related external
  and internal risk identification and anticipation of future trends. Work
  with the business to drive the development of appropriate mitigation
  strategies.
• Carry out Fraud Risk assessment from
  time to time, within the Bank and identify country level risks. Carry out
  deep dives on controls, process, products and give appropriate
  recommendations.to the management. Establish measures to identify
  potentially fraudulent activity and report to the relevant authorities
  locally.
• Build, implement and monitor new fraud
  tools and strategies to reduce fraud losses or improve customer
  experience. Provide intelligence inputs to support calibration of the
  Banks Risk Methodologies including aggregate client risk, product risk and
  country risk assessments.
• Provide subject matter expertise on
  Financial Crime intelligence and Investigations by developing/maintaining
  strong positive working relationships with business unit staff, peers,
  other risk partners in the industry, and senior management and by
  attending business unit meetings further by drawing on financial
  intelligence and law enforcement networks, professional qualification and
  experience.
• Acts as the interface between the Bank
  and, government security agencies and law enforcement on Financial Crime
  matters. Shares best practice with peers in the industry in order to
  position the Bank as “thought leaders” on Financial Crime Risk Management.
  

Qualifications, Skills and Experience:

• The applicant for the DFCU Bank Head of
  Financial Crime Management career placement must hold a Bachelor’s degree
  in business related discipline or Law.
• Certification in Fraud Examination.
• ACAMs or any relevant FCCA qualification
  is a plus.
• At least ten years of relevant
  experience gained in a financial institution.
• Experience in regulatory investigations,
  fraud investigations and/or transaction monitoring.
• Ability to synthesize volumes of complex
  information and distil it into varying degrees of detail to various
  audiences including senior management.
• Should be able to code using SQL with
  strong numerical skills.
• Proven experience in investigations at a
  forensic level.
• Strong stakeholder management skills
• Have a good knowledge of the
  international standards, laws and regulations relating to Financial Crime
  Risk, as well as knowledge of the local regulations and legislation on
  AML/CTF and sanctions.
• Strong analytical and decision-making
  skills.
• Strong responsibility and organization
  skills.
• Excellent communication skills – written
  and verbal including presentation skills.
• Strong learner, intellect and relater.
  Ability to work independently with minimal supervision and to complete
  tasks in timely manner. Self-motivated and self-reliant, with the ability
  to provide practical and effective advice.
• Inclusive style and good listening
  skills are required. Being able to accept challenge, listen to the other
  point of view and adapt your approach accordingly is essential.
• Good judgement. Excellent collaborative
  and team playing skills. Diplomacy, empathy and a ‘can-do attitude’.
• Politeness, sensitivity and the ability
  to gently, but professionally stand your ground when needed.
• An inquisitive approach to practices,
  procedures and specific transactions. Personal authority and integrity.
  Independence, creativity, resourcefulness and resilience.
• Sound working knowledge of MS Office
  suite particularly Word, Excel and PowerPoint.
• Must possess ability to assess risk,
  strong leadership qualities, excellent interpersonal skills and
  multi-cultural awareness and sensitivity.
• Strong Managerial and leadership skills.
• Ability to effectively interpret
  Regulatory statutes /Rules and guidelines.
• Sound understanding of compliance laws,
  rules and standards obligations, legislation and their practical impact on
  dfcu Bank’s operations.
• Effective research, good communication
  and negotiation skills.
• Self-motivation, result – oriented.
• In depth knowledge of banking products,
  policies and processes.
• Demonstrated Knowledge of Corporate Law,
  Corporate Governance and Laws /Regulations governing financial
  Institutions (Local and International).
• Sound understanding of legal issues and
  good exposure to auditing principles.

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 (University Transcript, O & A
level) to:

Vacanciesbank@dfcugroup.com

Deadline: 15^th October 2019

NB: dfcu
Bank does not solicit/accept payment in cash/kind from prospective candidates
in exchange for shortlisting or job placement. Any candidate who engages in
this kind of transaction is aiding and abetting fraud and will be automatically
disqualified.

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